Topic:"Cost Effectiveness" in M12854

EVALUATION CRITERIA The IRP will assess a range of scenarios and sensitivities in order to develop a plan that is robust across a range of potential outcomes. Importantly, there must be a means for evaluating the scenarios and selecting a...

AI summary The IRP will use a least-cost objective, but also incorporate a scorecard to evaluate other criteria. The IESO cites Section 2(e) of the MAEA to support broader planning goals beyond cost, including sustainability and emissions reduction. A scorecard with stakeholder input will assess resource plans holistically, with the highest score determining the preferred plan.

• Process - o Operating Costs : NRStor is encouraged by IESO-NS's proposal in the draft ToR to include operating and maintenance costs in addition to capital costs when evaluating existing and candidate resources, as directed by M12412. -...

AI summary NRStor recommends including operating costs in resource evaluations, advocating for technology-neutral grid service criteria, enhanced stakeholder transparency, targeted outreach to energy storage developers, and adopting a Societal Cost Test (SCT) to align with provincial climate goals. These proposals aim to improve the Integrated Resource Plan (IRP) process and ensure alignment with the Clean Power Plan and More Access to Energy Act.