Round 2 Model Input Assumptions and Results Board Directives E1 Update • To promptly identify any issues or potential issues relating to the impact of NS Power's cybersecurity incident on E1's operations and programming as they arise. • On...
AI summary The document outlines Round 2 model input assumptions and results, including Board Directives related to cybersecurity, the inclusion of PAC test results in annual reports, and updates to the DSM Plan. It also details collaboration with the DSM Advisory Group on avoided costs and cost-effectiveness testing methodologies.
Renewable Energy Regulations: The Province has established targets with respect to the percentage of renewable energy in NSPI's generation mix. Under the RER, the Company currently has a provincially mandated target of achieving at least 4...
AI summary Nova Scotia Power Inc. (NSPI) faces a $10 million penalty for non-compliance with renewable energy regulations (RER) for the 2022 compliance period. NSPI appealed the penalty through the Nova Scotia Energy Board (NSEB), and the hearing concluded in 2025, with a decision pending. The Province has set renewable energy targets for NSPI, requiring 40% renewable energy sales from 2020 to 2029 and 80% from 2030 onward.
NSPI received a Certificate of Variance from NSECC on March 25, 2025, which provides flexibility on the timing of SO2 emissions over the 2025 through 2034 period, including compensating for the excess 14,410 tonnes of SO2 emissions in 2022...
AI summary NSPI received a Certificate of Variance from NSECC in 2025, allowing flexibility in SO2 emissions compliance. Environmental regulations and policies may lead to increased costs, delays in infrastructure projects, and potential stranded assets. Non-compliance risks penalties and legal actions, which could have a Material Adverse Effect.