Topic:"Depreciation Amortization" in M08929

Yates Annapolis Report - Site Decommissioning Estimate Summary Appendix E Strum Report - Estimation of Wetland Alteration Permitting Costs Appendix F Boreas Report - Hydro Asset Costing Document 14 5 REDACTED (CONFIDENTIAL INFORMATION REMO...

AI summary Nova Scotia Power (NS Power) is required to maintain 40% renewable generation by 2020 under Nova Scotia’s Renewable Energy Standards (RES), achieved partly through hydro power producing approximately 1 terawatt-hour annually. The Hydro Asset Study provides inputs for the next Integrated Resource Plan (IRP) and Depreciation Study, detailing the status of 17 hydro systems with 31 powerhouses and 50 generating units.

1 The Hydro Study outlines the assumptions and methodology used to determine these 2 values. The assumptions outline inclusions and exclusions pursued for the Hydro Study. 3 4 The Hydro Study, which includes Appendices A - F, provides the...

AI summary The Hydro Study details NS Power's methodology for calculating sustaining and decommissioning costs of hydro systems, including forecasted expenses and their inclusion in an Integrated Resource Plan (IRP). Costs outlined do not account for replacement energy or system-wide value, which will be addressed in the IRP process.

A copy of 24 the report prepared by Strum is attached as Appendix E (Strum Report). The Strum 25 Report corroborates the costs of wetland permitting, delineation, and monitoring 26 alterations. A summary of Strum’s qualifications can be fo...

AI summary The document references a Strum Report corroborating costs related to wetland permitting, delineation, and monitoring. It also cites the NSPI 2010 Depreciation Study (P-891/M03655) as a supporting reference. The text is partially redacted, with details about a Hydro Asset Study omitted.

-$500.00 Allowance General Parts -$1,000.00 Allowance Insulated Wire and Cables No. 1 -$1,000.00 Allowance Insulated Wire and Cables No. 2 -$1,000.00 Allowance ENGINEERING & PROJECT MANAGEMENT Engineering & Project Management $87,126.00 Si...

AI summary The text presents a cost breakdown for a site decommissioning estimate, including allowances for various materials and engineering management costs, with a subtotal of $890,993.60. Notes mention that HST is additional and that some infrastructure will be removed by others.

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AI summary The text discusses the management of asset retirement obligations and the impact of various financial and operational factors on the utility sector, including cost recovery and depreciation amortization. It also touches on the importance of regulatory oversight in ensuring compliance and transparency.

Demolition Estimate Criteria This study is intended to provide a reasonable approximation of expected costs for conceptual demolition plans, including consideration for site security (public safety) during demolition works; worker safety;...

AI summary This document outlines the criteria for estimating demolition costs, emphasizing safety, environmental protection, and compliance with regulatory standards. It references AACE International Class 5 estimates and CCME guidelines, noting the expected accuracy range and factors influencing estimate accuracy.

NOVA SCOTIA POWER INC. ‐ HYDRO PRODUCTION ANNAPOLIS TIDAL POWER GENERATION STATION POWERHOUSE DEMOLITION STUDY 4. Contractor General Mobilization, Removals and installation of temporary facilities as required. 5. Demolition of Interpretive...

AI summary The document outlines the steps involved in the demolition of the Annapolis Tidal Power Generation Station, including general mobilization, removal of structures, site remediation, and long-term security planning. It also mentions that demolition cost estimates include overhead and engineering costs.

al Cost Recommendations Attachment 18 - Pre-IRP Deliverables Page 39 of 82 Municipal Solid Waste ¬ Municipal solid waste capital costs are typically location specific 2019 Capital Cost Source US $/kW CAN $/kW Notes E3 WECC Survey (link) —...

AI summary The text provides capital cost estimates and financial assumptions for municipal solid waste projects, referencing data from E3, New Brunswick's IRP, and NSPI engineering estimates. It includes financing parameters such as cost of equity, debt ratio, and tax rate, as well as operating and fuel cost assumptions.

\ The slight capital cost increase from 2021 to 2030 is due to change in capital cost allowance depreciation schedules according to federal tax law. Upfront costs of biomass projects are assumed to decline slightly (by 9 percent) by 2045.

AI summary The slight increase in capital costs from 2021 to 2030 is attributed to changes in federal tax law depreciation schedules. Upfront costs for biomass projects are expected to decrease by 9 percent by 2045.

s overstated, Plexos based on the depreciable life of the asset and the NS Power should consider shifting to a shorter end effect appropriate discount rate. This process for calculating period (e.g., 10 or 15 years), or eliminating it alto...

AI summary The text discusses the calculation of annualized build costs and the consideration of end effects in the 2045 period, suggesting that NS Power should evaluate the use of a shorter depreciable life or eliminate the end effect altogether to avoid potential bias. NS Power acknowledges the pros and cons of using both the 25-yr NPV with and without end effects.

next IRP.’ Heritage Supports continued study of T&D costs 2020-09-12; p. 4/6, 6/6 Other Stakeholders No comments n/a 3.0 Initiate a Thermal Plant Retirement, Redevelopment CA Generally supports however, recommends all-source 2020-09-18; p....

AI summary The document discusses the development of an Integrated Resource Plan (IRP) and the retirement and replacement of thermal plants, including the need for a depreciation study. It highlights support for continued study of T&D costs and recommendations for all-source RFPs instead of wind procurement.

covery strategy to Item 3d: ‘[recommends] action plan should commit to better align depreciation with updated useful lives for planning for potential transmission projects in parallel generation assets. Invest sustaining capital into to bo...

AI summary The text discusses recommendations for aligning depreciation with updated useful lives for generation assets, investing in capital for thermal units, and developing plans for replacing natural gas-powered steam turbines. It also mentions the need for parallel planning on transmission projects and wind integration studies.

3. Initiate a Thermal Plant Retirement, Redevelopment and Replacement Plan including: - 3a. Develop a plan for the retirement and replacement of Trenton 5, targeting 2023, while identifying required replacement capacity and energy in paral...

AI summary NS Power proposes retiring thermal plants, developing replacement strategies, and integrating demand response. The SBA emphasizes the need for regulatory approvals and deeper DSM integration into planning. Key actions include coal retirement, wind procurement, and aligning rate redesign with IRP goals.

ates, a markup in prices is being considered by the utility for the NS Smart Grid project in Amherst. At minimum, a Universal Service 5 program should be explored as a next step opportunity. IRP Economics (Economies of Scale): The IRP shou...

AI summary The text discusses proposals for the NS Smart Grid project, advocating for a Universal Service program. It critiques the IRP's handling of coal retirement, investor return calculations, and stranded assets, recommending performance-based regulation and repurposing coal infrastructure for non-fossil fuel uses.

IRP Economics IRP Economics (Stranded Assets): The IRP should lay out a plan to repurpose coal-plant stranded assets for non-fossil fuel purposes (i.e. geothermal). Can the infrastructure be used for other purposes, and if so, what purpose...

AI summary The IRP Economics section discusses the need to repurpose coal-plant stranded assets for non-fossil fuel purposes, such as geothermal, and suggests reevaluating depreciation rates to avoid incentivizing early coal plant retirement. NS Power is conducting a Depreciation Study and has committed to a Thermal Plant Retirement, Redevelopment, and Replacement Plan.