Topic:"Cost Recovery" in M12859

Introduction IESO Nova Scotia is a not-for-profit organization established by the MAEA on October 24, 2024, subsisting pursuant to and expressly in accordance with the MAEA. Being a brand-new organization, it is worth reiterating that IESO...

AI summary IESO Nova Scotia, established by the MAEA in 2024, outlines its foundational activities since inception, including hiring leadership, securing infrastructure, and transitioning functions from NS Power. It emphasizes stakeholder engagement and implementation of the MAEA's Phase 1 obligations.

OTHER REGULATORY MATTERS IESO Nova Scotia has assumed responsibility for key activities under the Standard Generation Interconnection Procedures (SGIP), including processing interconnection requests and conducting system studies. Interim r...

AI summary IESO Nova Scotia has taken over SGIP responsibilities, is developing a fee/cost recovery mechanism, advancing regulatory compliance, and engaging stakeholders. Interim roles are governed by an agreement with NS Power, with plans for enduring SGIP amendments. A final fee mechanism application to NSEB is targeted for Q2 2026/2027.

M12859 – Nova Scotia Independent Energy System Operator – Quarterly Report On May 15, 2026, the Nova Scotia Independent Energy System Operator (IESO Nova Scotia) provided the Nova Scotia Energy Board with the first IESO Nova Scotia — Quart...

AI summary IESO Nova Scotia submitted its first quarterly report to the Nova Scotia Energy Board, detailing its transition from NS Power, including the transfer of system planning and procurement functions, progress on the Integrated Resource Plan, and plans for real-time dispatch operations. The report also mentions procurement agreements and plans for a cost recovery mechanism.

M12859 – Nova Scotia Independent Energy System Operator – Quarterly Report On May 15, 2026, the Nova Scotia Independent Energy System Operator (IESO Nova Scotia) provided the Nova Scotia Energy Board with the first IESO Nova Scotia — Quart...

AI summary IESO Nova Scotia submitted its first quarterly report to the Nova Scotia Energy Board, detailing its phased transition from NS Power, including system planning and procurement functions. It also outlined plans for an Integrated Resource Plan, capacity procurement, and a cost recovery mechanism. The Board accepted the report.