Topic:"Carbon Capture Utilization And Storage" in M10504

Attachment 2 NS Power Responses to Stakeholder Comments Theme Stakeholder Comment NS Power Response Evergreen Scenarios, Assumptions and Sensitivities AREA How will GHG compliance costs beyond 2022 be modeled? What are the range of reasona...

AI summary NS Power responds to AREA's question on how GHG compliance costs beyond 2022 will be modeled. NS Power plans to use the federal backstop Output Based Pricing System (OBPS) or a series of declining hard caps to achieve emissions reductions.

CONDITIONS INITIATING EVERGREEN IRP - Planning environment changes noted in the 2021 IRP Action Plan Update indicate modeling updates are warranted: - Environmental Policy changes (carbon policy and pricing, 2030 coal phase-out, 80% RES, a...

AI summary The document outlines conditions for initiating an evergreen Integrated Resource Plan (IRP) due to changes in the planning environment, including updates to environmental policies, resource options, and electrification. Modeling updates are warranted based on significant changes observed post-2020 IRP.

Roadmap Item 3 For the purposes of the 2020 IRP,sustaining capital estimatesfor the existing thermal assets were based on a High Utilization Factor approach (HUF), which reflects investment required to address wear on components driven by...

AI summary The 2020 Integrated Resource Plan (IRP) used a High Utilization Factor (HUF) approach for sustaining capital estimates on thermal assets. The evergreen IRP now incorporates the Output Based Pricing System (OBPS) and the Early Insights model to reflect lower HUF utilization factors due to carbon pricing and environmental constraints.

CE1-E1-R1 NZ 2035-CURRENT POLICY AND TRENDS -ATLANTIC LOOP Preliminary Scenario Metrics and Evaluation 26 Year NPVRR ($MM 2025$) $19,011 Key Input Assumptions and Observations 26 Year NPVRR with End Effects ($MM 2025$) $26,005 Capacity Exp...

AI summary The document outlines preliminary scenario metrics and evaluation for the 2035-current policy and trends related to the Atlantic Loop. It includes net present value of rate returns, capacity expansion plans, and carbon emissions projections from 2025 to 2050. Key assumptions include the phase-out of coal by 2030, the addition of renewable energy sources, and the implementation of carbon pricing.

NEW AND EXISTING GAS - Observe more gas utilization for existing gas and new gasin No Atlantic Loop scenarios as compared to CE1-E1-R1 - Existing gas sees a noticeable decline in generation across all scenarios starting in 2035 as a result...

AI summary The text discusses the increased utilization of existing and new gas in scenarios without the Atlantic Loop, leading to higher emissions due to reliance on emitting generation. Existing gas generation declines after 2035 due to net-zero requirements, but continues to provide firm and peaking capacity.

MODELING UPDATES: ASSUMPTIONS Assumption Update Rationale 2023 to 2030 Carbon Policy The Province of Nova Scotia will be developing carbon policy regulations (NS OBPS) to establish the performance standards for emitting generation in the e...

AI summary The document outlines modeling updates and assumptions related to carbon policy, ML imports, ECEI projects, and federal investment tax credits. These updates are influenced by new legislation, resource adequacy studies, and federal incentives affecting energy planning in Nova Scotia.