Topic:"Cost Considerations" in M12436

Section 67(2) of the More Access to Energy Act came into effect on April 1, 2025. The provision stipulates that, prior to approval of reliability standards, the Board must consider Document: 324531 their potential impact on the reliability...

AI summary Section 67(2) of the More Access to Energy Act requires the Board to consider the impact of reliability standards on system reliability, costs, and public interest before approval. NS Power provided implementation cost estimates for several NERC reliability standards, including CIP-015-1, which is critical for cybersecurity. The Board supports the adoption of these standards to ensure system reliability and coordination with regional entities.

work to meet compliance…" NS Power goes on to say that a "…project will be submitted to the NSEB when appropriate and may include other NERC standards that require project support to be implemented." The Board realizes costing is probably...

AI summary NS Power plans to submit a project to the NSEB when appropriate, potentially including other NERC standards. The Board requests NS Power to provide cost estimates and justify the costs related to NERC reliability standards in matters M12293 and M12436.

Section 67(2) of the More Access to Energy Act came into effect on April 1, 2025. The provision stipulates that, prior to approval of reliability standards, the Board must consider Document: 324531 their potential impact on the reliability...

AI summary Section 67(2) of the More Access to Energy Act requires the Board to consider the impact of reliability standards on the bulk system, costs, and public interest before approval. NS Power provided cost estimates for implementing several NERC reliability standards, including CIP-015-1, following a recent cyber-attack. The Board finds the costs reasonable and supports the standards for cybersecurity and system reliability.