2026 Load Forecast Report (NSEB M12861) NSPI Responses to Synapse Energy Economics Inc. Information Requests 1 Request IR-5: 24 within the 2026-2036 timeframe. 25 26 (b) NS Power has monitored battery cost decline trends but has not explic...
AI summary NS Power acknowledges declining battery storage costs globally but has not explicitly included projected cost reductions in the 2026 Load Forecast. Factors such as financing, customer awareness, rate structures, and regulatory frameworks influence adoption, and Nova Scotia lacks sufficient historical data to establish a reliable cost-elasticity relationship for battery storage.