Topic:"Energy Efficiency Financing" in M03413

An important element of the cost competitiveness of these projects was the projects' access to the Federal ecoENERGY incentive program. This program provides an incentive of $10/MWh of eligible low-impact renewable electricity for the firs...

AI summary The project's cost competitiveness was enhanced by its eligibility for the Federal ecoENERGY incentive program, which provides financial support of $10/MWh for low-impact renewable electricity over the first 10 years of operation. The project was approved for the incentive in March 2010 and must be in-service by March 31, 2011.

The official calculator for calculating repayability is available on the program's website at http://www.ecoaction.gc.ca/ecorp A. Provided by Proponent Notes Cumulative Revenue (CR) $47,500,000 Net Cumulative Incentive Received (NCIR) $3,0...

AI summary The text discusses a repayability calculation for a renewable energy project, including cumulative revenue, incentive received, production, and standard threshold price. It also includes project details such as the project title, location, and cost estimates.

A. Assets Acquired by 3240384 Nova Scotia Limited since December 23,2009: Procurement and Construction Contract Emera Utility Services Inc. 3240384 Nova Scotia Limited February 9,2010 Standard Generator Interconnection and Operating Agreem...

AI summary This document lists various contracts, agreements, and studies related to the acquisition of assets by 3240384 Nova Scotia Limited since December 23, 2009. These include interconnection agreements, environmental studies, land leases, and purchase agreements, indicating the company's ongoing development and operational activities in Nova Scotia.

A. Assets Acquired by 3240384 Nova Scotia Limited since December 23, 2009: Asset/Document Parties Date Procurement and Construction Contract Emera Utility Services Inc. 3240384 Nova Scotia Limited February 9, 2010 Standard Generator Interc...

AI summary This section outlines the assets acquired by 3240384 Nova Scotia Limited since December 23, 2009, including contracts, agreements, and studies related to energy projects and infrastructure.

÷- Document Name Date Parties Contract Documents – Addendum No. 4 July 30, 2009 CBCL LIMITED SkyPower Corp. Contract Documents – Addendum No. 5 July 31, 2009 CBCL LIMITED SkyPower Corp. Digby Wind Power Survey July 2009 Pollara SkyPower Co...

AI summary The document lists various contractual and environmental assessment documents related to SkyPower Corp. and other parties, including CBCL Limited, Natural Resources Canada, and Nova Scotia Environment, with dates ranging from 2007 to 2009.

NON-CONFIDENTIAL 1 Request IR-2: 12 2009, Digby Construction Bid Proposals 13 14  Redacted Attachment 2 - CBCL Limited - Bid Comparison, Project No.: 15 090630.00; Project: SkyPower Wind Power Project 16 17  Confidential Attachment 3 – C...

AI summary The text discusses a request (IR-2) related to construction bid proposals from 2009 for the SkyPower Wind Power Project. CBCL Limited provided an Engineer's Estimate and managed the tender process, receiving eight bids. SkyPower entered creditor protection before receiving detailed bid documents.

NON-CONFIDENTIAL 1 Request IR-4: 2 3 For each of the major events listed in response to IR-1, please provide any additional 4 information that NSPI thinks would assist the Board in understanding all the facts of this 5 application and how...

AI summary The document outlines several information requests from the UARB to NSPI regarding the application process, including details on the ecoENERGY benefit, RES portfolio qualification, net present value calculations, construction contracts, and lease status for project properties.

Some jurisdictions outside of North America are adopting more stringent guidelines such as "Wind Farms: Environmental Noise Guideline s" (EPA, 2007) from the state of South Australia. These guidelines stipulate a maximum of 35 dBA or 5 dBA...

AI summary The text discusses noise guidelines from South Australia and their application to a project, noting that while the project meets the second criterion, sound concerns could still arise due to other factors like aesthetics. It emphasizes combining predicted operational sound levels with background data for accurate assessments.

1 Response IR-16: (cont'd) 2 3 (vi) The ecoENERGY rebate is calculated based on $10/MWh, capped at 35 percent 4 of maximum production for 10 years. The Digby Wind Project is a 30 MW farm. 5 The maximum rebate is calculated as: 30 MW 24 hou...

AI summary The response outlines the calculation of the ecoENERGY rebate for the Digby Wind Project, the components of cash taxes, the definition of NOPAT, and the use of the Weighted Average Cost of Capital in financial calculations. It also explains the exclusion of unused CCA from IRR calculations.

3.1 INSTALLATION .1 As indicated by design drawings and Collection System Installation Standards. SkyPower Corporation Medium Voltage Circuit Breakers Section 26 18 00 Digby Wind Power Project Page 1 Contract 090630.00 June 2009 PART 1 - G...

AI summary This section outlines the installation requirements for a 34.5kV outdoor circuit breaker assembly as part of the Digby Wind Power Project under Contract 090630.00. It references various standards including CSA, EEMAC, and ANSI/IEEE for compliance.

- .1 stantial completion of the work. - .2 (6) months following delivery to the Place of the Installation. - .2 Owner, through the Engineer, shall promptly give the Vendor notice in writing of observed defects and deficiencies that occur d...

AI summary The text outlines warranty obligations and factory test requirements for electrical equipment, including procedures for reporting defects, correcting issues, and assigning warranties. It also specifies testing standards for circuit breakers, current transformers, and bushings.

- .2 CSA Standards - .1 C156.1, Ceramic and Glass Station Post Insulators - .2 G164, Hot Dipped Galvanized or Irregularly Shaped Articles - .3 W59, Welded Steel Construction (metal-ark welding) - .3 NEMA Standards - .1 Std. SG-6, Power Swi...

AI summary This document outlines the standards and submittal requirements for electrical components, including CSA, NEMA, ANSI/IEEE, and ISO standards, as well as specifications for operation and maintenance data and manufacturer drawings for disconnect switches.

2.1 The overall assembly enclosure(s) shall provide protection from ingress of rodents, insects, and moisture; and the possibility of arcing faults within the enclosure. - 1.12.2 The material for all external sides of the enclosure and int...

AI summary The document outlines technical specifications for the assembly enclosures, including protection against environmental factors, material requirements, grounding provisions, environmental control, and fire suppression capabilities.

9 IN-PLANT INSPECTION AND TESTING - 9.1 The Owner, Purchaser, Engineer, and/or their authorized agents shall have the privilege of inspecting and witnessing all testing at all times during the manufacture of the equipment or materials orde...

AI summary This section outlines the requirements for in-plant inspection and testing during equipment manufacturing, including the right to inspect, advance notice requirements, and the submission of test results to the Engineer.

- .8 Formwork: - .1 Forms: to CSA-A23.1, plywood and lumber, clean and free of loose knots, splits or metal. - .2 Form Ties: to CSA-A23.1, removable or snap-off metal ties, fixed or adjustable length. Form ties, tie wire, spacers or other...

AI summary The text outlines specifications for formwork and concrete mix, referencing various Canadian standards and testing methods. It details requirements for materials such as form ties, release agents, and curing compounds, as well as specifications for concrete mix proportions and air content.

.8 Equipment bases: concrete to suit pumping equipment and pipe work provided by pumping equipment manufacturer. STANDARD SPECIFICATION FOR MUNICIPAL SERVICES SUCTION LIFT PUMPING SECTION 33 32 13 STATION PAGE 10 JANUARY 2009 .9 Arrange fo...

AI summary The document outlines specifications for the installation and commissioning of pumping equipment and piping systems, including requirements for testing, anchor bolts, pipe examination, and flanged joints. It emphasizes compliance with manufacturer guidelines and applicable codes.

t had to be developed in a cost effective manner within a tight timeline in order to access the Federal ecoEnergy incentive program which provides significant savings to Nova Scotia Power's customers. In addition, the project provides a po...

AI summary The Digby Neck Wind Farm Project is being proposed by NSPI, highlighting its cost-effectiveness, alignment with the ecoEnergy incentive program, and benefits from affiliate involvement. The project is expected to deliver significant savings to customers and has a positive net present value.

Appendix 4 – Asset Purchase Agreement Partial redaction has been made to the Asset Purchase Agreement where reference is made to a commercial term of the PPA and the Promissory Note. The information is protected from public disclosure by a...

AI summary This document discusses the partial redaction of a commercial term in an Asset Purchase Agreement involving NSPI. The redaction is necessary to protect confidential information, ensuring NSPI can maintain competitive power purchase terms and safeguard customer rates, which are cost-based.

Appendix 9– Promissory Note The commercial terms of the Promissory Note are confidential. The protection of this information is an important element in ensuring NSPI can work with the best possible suppliers in future solicitations, and th...

AI summary The Promissory Note's commercial terms are confidential to protect NSPI's negotiating position and prevent adverse impacts on future supplier negotiations and pricing. Disclosure could weaken NSPI's ability to secure favorable terms in future agreements.

FINAL I III=~ I I5\T. .. _.- The following issues will be dealt with in the public hearing on Nova Scotia Power Inc.'s ("NSPI") Application for Approval of the Digby Wind Project, including: CI# 39323; CI # 39626; CI # 39627; and CI # 3962...

AI summary The public hearing will address NSPI's application for approval of the Digby Wind Project, covering affiliate transactions, compliance with the Code of Conduct, power purchase agreements, project costs, justification, renewable energy standards, and ecoENERGY incentives.

Reference, Application - a. Page 4, line 11, where and how will the ecoENERGY benefit be credited? - b. Page 4, line 14, on what basis does the Company state that "The Project will qualify for inclusion in the Company's 2013 RES portfolio....

AI summary This document contains a series of questions raised in a regulatory proceeding regarding the Digby Wind Project. The questions pertain to financial aspects, contract details, legal compliance, and project specifics such as leases, easements, and cost allocations.

nment Environmental Assessment Approval. - i. Please provide a copy of this approval dated August 24, 2009. - i. Page 12 of 50, Employment Matters Document: 182595 Date Filed: Oct. 14/10 Page 4 of 12 - i. The statement is made that "The Co...

AI summary The document requests information regarding the company's operations, specifically how it functions without employees and the human resources used for tasks like contract negotiation. It also asks for details on hourly rates and justification for fair market value.

ential (Board letter of July 30, 2010). The bases for the request for confidential treatment of these responses are therefore similar. This letter describes the details, in accordance with Rule 12(4). In certain IR responses, information h...

AI summary NSPI argues that certain information in IR responses should be treated confidentially to protect sensitive commercial terms and procurement strategies. This is to prevent suppliers from gaining an unfair advantage and increasing costs for NSPI and its customers.

REDACTED 1 Undertaking U-5: 2 3 Inquire as to how the bonus provision made its way into the EUS contract and how it was 4 arrived at. 5 6 Response U-5: 7 8 NSPI has been advised that the incentive amount was determined during the contract...

AI summary The document discusses the origin of a bonus provision in the EUS contract, explaining that the incentive amount was determined during contract negotiations. NSPI indicates that 324 NSL sought to assign risk to EUS by adjusting the contract price and offering an equivalent incentive, with details on the risk distribution provided in a table.

NON-CONFIDENTIAL Undertaking U-10: If there is an interest cost associated with the GIA related deposits paid by 324 NSL to NSPI, quantify it. Response U-10: There was no interest cost associated with the GIA security deposits from 324 NSL...

AI summary The document addresses an undertaking related to the interest cost associated with GIA security deposits paid by 324 NSL to NSPI. The response clarifies that no interest cost was incurred as NSPI held letters of authorization as security, and 324 NSL was released from these authorizations when the security was no longer required.

1 non-compliance and, quite frankly, it's just our practice and policy and 2 desire to comply with the laws and regulations. So we work hard to do 3 that. 4 5 The Digby project is only one example of the hard work that we've done 6 to ensu...

AI summary The speaker emphasizes the importance of compliance with regulations and highlights the Digby project as an example of efforts to ensure compliance. They argue that the project was economically beneficial, supported by the community, and provided eco-energy credits. The speaker also defends the project's price as reasonable and one of the lowest cost sources of renewable electricity in the province.

lts of NSPI's revised analyses are reflected in Undertaking U-13. 20 The economic analysis remains positive and confirms that the Project remains more 21 favourable to customers than the 2008 PPA. 22 23 An important element of the favourab...

AI summary The economic analysis of NSPI's Project shows it is more favorable to customers than the 2008 PPA. A key benefit is the preservation of the ecoEnergy incentive, which provides a significant savings of $10/MWh for 10 years by offsetting costs for customers.

9 10 11 12 13 14 1 2 3 4 5 6 NSPI submits that the decision to take assignment of the EUS contract price, which included an incentive, was appropriate and in the best interests of customers. If the substantial completion date was not achie...

AI summary NSPI argues that taking assignment of the EUS contract price, which included an incentive, was in the best interests of customers. The incentive helped ensure the project was completed early, allowing customers to benefit from ecoEnergy funding worth $10 million over the project's life.

8 Transcript page 46, lines 7-17. 6. At page 3 of its submission, the Consumer Advocate states that there was no effort to follow up on the suggestion by Mr. Desdunes that "two of the original bidders were prepared to make a substantial re...

AI summary The Consumer Advocate criticizes NSPI for not following up on Mr. Desdunes' suggestion about bidders reducing their prices for the SkyPower solicitation. However, NSPI provided Undertaking U-3, which confirms that a comprehensive engineering analysis led to significant cost reductions. The Consumer Advocate also claims that NSPI failed to provide evidence that EUS did not include mark-ups from subcontractors.

contribution is not affected whether the DWP is a NSPI owned asset or developed as an IPP, selling electricity to NSPI under the PPA. [149] No submissions were made on this issue by the Intervenors. [150] The Board finds that, at the prese...

AI summary The document discusses the RES issue and the eligibility of the DWP project for the ecoEnergy incentive. The Board finds no action is required for RES, and confirms the DWP qualifies for the ecoEnergy program, which provides a $10/MWh incentive for eligible renewable projects. The ecoEnergy benefit is included in NSPI's economic analysis and flows through the Fuel Adjustment Mechanism.