Topic:"Climate Adaptation" in M10504

Canada's Net Zero 2035 Electricity System Target - At the November 2021 COP26 conference, Canada announced a commitment to achieve a net-zero emissions electricity sector by 2035. - Further information on the policy framework for this targ...

AI summary Canada committed at COP26 to a net-zero electricity sector by 2035. NS Power's 2020 IRP used a 0.5MT CO2e annual emissions cap (95% below 2005 levels) as a net-zero framework. In 2022, NS Power will explore resource plans under similar modeling constraints, pending further guidance from Environment and Climate Change Canada.

1. Scope of Evergreen IRP 2022 Update – Assumptions AREA and the MEUs agree that changes have occurred since 2020 that warrant significant modeling updates. On Slide 2 of the 2022 Evergreen IRP Study Scope, NS Power states that the "evergr...

AI summary AREA and MEUs emphasize the need for updated assumptions in the Evergreen IRP 2022 study, requiring stakeholder input on GHG compliance modeling, Net Zero 2035 targets, firm import capacity, interconnection projects (TSR 411/412), battery storage, wind integration, and coal conversions. They stress transparency and timely information sharing to ensure assumptions reflect current data.

1. Planning Environment Changes - Slide two of NS Power's Evergreen IRP 2022 Scope and Timeline identifies several significant - environmental policy changes that have occurred since the completion of NS Power's IRP in - November 2020. The...

AI summary The document outlines key environmental policy changes impacting Nova Scotia's energy planning, including a 2030 renewable electricity standard (80% from renewables, 1100 GWh from IPPs), the Environmental Goals and Climate Change Reduction Act (EGCCRA) mandating coal phase-out by 2030 and GHG targets, federal carbon pricing updates, and a draft net-zero electricity sector discussion paper. E1 supports revising IRP scenarios to reflect these changes.

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.

Planning Environment Changes Clean Electricity Regulation (CER) Environment and Climate Change Canada (ECCC) has announced its intention to develop a Clean Electricity Regulation (CER) designed to achieve Net Zero GHGemissionsforthe electr...

AI summary Environment and Climate Change Canada (ECCC) plans a Clean Electricity Regulation (CER) to achieve net-zero electricity sector emissions by 2035. NS Power engaged with ECCC on stakeholder input, emphasizing reliability, affordability, and GHG credit frameworks. ECCC's proposed CER under CEPA sets 2035 performance standards, with NS Power anticipating ongoing stakeholder engagement on modeling outcomes.

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.