Topic:"Energy Efficiency Resource Assessment Model" in M12600

Renewable Energy Regulations: The Province has established targets with respect to the percentage of renewable energy in NSPl's generation mix. Under the RER, the Company currently has a provincially mandated target of achieving at least 4...

AI summary The Province of Nova Scotia has set renewable energy targets for NSPI, requiring 40% renewable energy sales from 2020-2029 and 80% by 2030. A $10 million penalty was imposed on NSPI for non-compliance in 2022, and NSPI is appealing the penalty through a proceeding with the NSEB, with the hearing concluding in 2025.

Nova Scotia Energy Reform Act: On April 5, 2024, the Province enacted Bill 404 - Energy Reform (2024) Act. This legislation implements certain recommendations made by the Clean Electricity Solutions Task Force, which was established by the...

AI summary The Nova Scotia Energy Reform Act, enacted in April 2024, establishes the NSEB and the IESO Nova Scotia to regulate energy entities and facilitate the transition to renewable energy. The IESO Nova Scotia is being phased in over two years, with the first phase completed in December 2025 and the second phase expected in 2027.

The following projects experienced adjustments to their completion timeline. An overview of the changes and associated rationale is outlined below: Pillar Project Summary of Change Rationale Maritime Link Q2 2025 Quarterly Report Introduce...

AI summary The document outlines adjustments to the completion timelines of several projects, including the Maritime Link Project, Joint Use Agreement Proceeding, and Customer Energy Management (CEM) Evaluation, Measurement, and Verification (EM&V). These changes are attributed to data limitations, the need for additional time to compile data, and the resolution of certain issues.