Topic:"Energy Efficiency Financing" in M12696

approximately 19% of NS Power load requirements with total delivery levels 1 The month of April 2024 fell short due to extreme weather conditions (specifically 22 continue for the complete term of the ECA, notwithstanding customers receivi...

AI summary The document discusses NS Power's performance in meeting contractual delivery obligations under the NS Block, highlighting strong delivery levels exceeding 170% of contracted amounts, with shortfalls addressed promptly. NSPML claims to have met the threshold requirements to end the Holdback as of May 1, 2024, which was implemented to address imbalances related to the Maritime Link.

PARTIALLY CONFIDENTIAL 1 During this same period (May 2023 through August 2025) there was 612,500 MWh in the 2 Deferred Energy that was made up, 480,000 MWh of Supplemental Energy, and 1,480,000 3 in market energy purchased by NS Power; eq...

AI summary The document discusses energy deliveries and purchases by NS Power during May 2023 through August 2025, including Deferred Energy, Supplemental Energy, and market energy. It also references the Energy Access Agreement (EAA) and forecasts of future energy availability, noting that normalized hydrology levels are expected to increase energy deliveries beyond the 1.2 TWh average.

6 NSPML notes there is no flexibility in the Energy & Capacity Agreement in terms of the capacity product, as that product is required during higher load periods in order to support the closure (or avoidance) of a fossil fuel unit. Specifi...

AI summary NSPML emphasizes that the Energy & Capacity Agreement lacks flexibility regarding the capacity product, which is crucial during high-load periods to support the closure of fossil fuel units. NS Power requires the right to access NS Block energy amounts as needed for system requirements.

3.2.4 International Comparison of Hydropower Incentives A combination of feed-in tariffs, tax incentives, and renewable energy tradable credits support small hydropower development in many jurisdictions around the world. In recent years, d...

AI summary The text discusses international hydropower incentives, noting the use of feed-in tariffs, tax incentives, and tradable credits for small hydropower. Large projects, such as PSH, are often government-supported or receive loans in some countries, unlike in the U.S. Table 3 summarizes government support mechanisms across regions.

NSPML Responses to Consumer Advocate Information Requests 1 2 3 4 5 accordance with the 30-day outage coordination period previously established by the system operators for outages affecting the delivery of the NS Block, including planned...

AI summary The document outlines NSPML's responses to consumer advocate information requests, including data on energy delivery outages and holdback calculations based on undelivered energy thresholds. It references the 30-day outage coordination period and specific dates and figures related to energy delivery and financial adjustments.

PARTIALLY CONFIDENTIAL 1 disallowance than an outage taken at a different time in the month. 2 (d) If NSPML's position is that the holdback mechanism structurally 3 creates perverse incentives regarding outage timing, explain how that 4 co...

AI summary The response discusses the holdback mechanism and its implications on outage timing, referencing the Energy and Capacity Agreement and the Labrador-Island Link (LIL) operations. It explains how historical energy shortfalls influenced the threshold for ending the holdback mechanism and how the elimination of these shortfalls affects the mitigation of outages.

NSPML Application to Review the Holdback Mechanism (NSEB M12696) NSPML Responses to NSEB Information Requests 1 Request IR-03: 2 3 Please confirm, or explain otherwise, that there is no make-up energy outstanding as of February 3, 4 2026....

AI summary NSPML responds to NSEB information requests regarding energy balances and definitions. As of February 3, 2026, there was a 49 MWh credit balance for Base Block energy and a 211 MWh debit balance for Supplemental Energy. NSPML explains that Deferred Energy differs from Make-up and Supplemental Energy, and that energy deliveries have been stable since the LIL was commissioned in April 2023.

NSPML Responses to Small Business Advocate Information Requests 1 Request IR-01: 16 a) 17 1. NSPML does not calculate the value of replacement energy for each incidence of 18 Deferred Energy (whether resulting from an outage or a proactive...

AI summary NSPML explains that it does not calculate the value of replacement energy for deferred energy incidents, as agreements with NLH do not specify a monetary value for replacement energy compared to make-up energy. The Energy & Capacity Agreement (ECA) outlines procedures for delivering make-up energy during peak or off-peak hours to match the original schedule.

- NS Block, measured in MWh (excluding Make-up Energy), is received during each of 12 - consecutive months."[41](#page-18-1) In introducing this requirement, the Board also stated: - NSPML/NS Power may apply to the Board for relief if it c...

AI summary The requirement mandates NSPML to receive twelve consecutive months of NS Block volumes (excluding Make-up Energy) at least 90% of the total monthly volumes called for under the Energy and Capacity Agreement. This prevents over-reliance on Make-up volumes and ensures consistency and predictability in volume delivery.

11 - 13 Q. For the four months in which deliveries were below threshold, did NSPML claim - 14 that the deficiencies were explained by "good utility practice" and/or "exceptional - 15 circumstances?" 48 NSPML Application, page 10 lines 12 t...

AI summary NSPML claims that deficiencies in NS Block volumes during four months were due to 'good utility practice' and 'exceptional circumstances,' specifically citing a planned LIL outage in July 2023 and other factors related to the LIL's performance, not Muskrat Falls or the Maritime Link.

ths NSPML has met the requirements in provision (2) and provide a workbook with the data included in the graph shown in Exhibit N-1, p. 14. Request IR-3: With respect to Exhibit N-1, Appendix B, 1. Please explain the reason(s) for under de...

AI summary The document includes a request for NSPML to explain under delivery reasons, provide detailed calculations for holdback amounts, and clarify the causes of LIL outages. It also requests WACC calculations in a workbook format.

1. Please refer to Exhibit N-1, page 11 lines 15-16 and footnote 11, and Appendixes A and C. 2. Please confirm that NSPML has not included Supplemental Block volumes from the “Make-up Balance” and “Make-up Balance (%)” columns in Appendix...

AI summary The text consists of a series of requests for information related to the inclusion of Supplemental Block volumes in Appendix A and Appendix C, the availability and performance of the Maritime Link, and references to specific exhibits and board matters. These requests are part of a regulatory proceeding involving Nova Scotia Power (NSPML) and the Nova Scotia Utility and Review Board (NSUARB).

9 Table 1 data is from NSEB IR-006 Attachment 1. 10 Table 2 data is from NSEB IR-006 Attachment 1. 11 Deliveries in 2025 are at or very close to 100% since that is the first full year after the delivery of all Make-up Energy owed due to th...

AI summary The text discusses the delivery of Make-up Energy following shortfalls during the Compliance Period, noting that all contracted energy was ultimately delivered, either in the same month or shortly after. It argues that customers were not harmed as they received what was owed, even if not always within a calendar month. The value of Make-up Energy was higher due to delivery during colder months.