Topic:"Energy Efficiency Resource Assessment Model" in M13042

Local means the province of Nova Scotia. Local Benefits means goods and services for the Facility obtained from the Nova Scotia Supply Community, as set out in the Proposal. Local Benefits Shortfall has the meaning given to it in Section 2...

AI summary The text defines key terms related to energy regulation in Nova Scotia, including 'Local Benefits,' 'Market Rules and Procedures,' 'Marginal Cost Rate,' and 'More Access to Energy Act.' It outlines definitions relevant to energy generation, procurement, and regulatory compliance.

nergy Act, then from and after the completion of such transition, any reference to NSPI in this Agreement in relation to such function shall be deemed to be a reference to the IESO as System Operator. - (d)(c) Following the proclamation of...

AI summary This section outlines the transition of NSPI's role as System Operator to the IESO under the Energy Reform (2024) Act. It allows NSPI to propose amendments to the Agreement for the transition and outlines arbitration procedures if parties cannot agree on the amendments.

- (b) NSPI agrees to compensate the Seller for foregone Expected Output resulting from curtailment in accordance with and on the terms and conditions set forth in Section 4E33 of Chapter 2518 of the Electricity Act (or any successor or rep...

AI summary The text outlines NSPI's agreement to compensate the Seller for curtailment of energy output, as defined by the Electricity Act. Compensation is conditional and subject to specific thresholds and exceptions, including unforeseeable emergencies or force majeure events.

Capitalized terms used in this RFP but not otherwise defined in this have the meanings given to them in the PPA. Term Definition Capacity Building means the process of strengthening or developing future renewable energy and grid modernizat...

AI summary The document defines key terms used in the RFP, including Capacity Building, Capital Costs, CIB, and Conflict of Interest. These terms are defined in accordance with the PPA and other related regulations. The definitions emphasize transparency, fairness, and the development of renewable energy and grid modernization initiatives.

Any questions or comments directly regarding a publicly available resource should be directed to the appropriate publishing party. Topic RFP Section Resource Legislation and Regulations related to GCP 1.1 • the Act • the Renewable Electric...

AI summary The document outlines resources and regulations related to various topics including legislation, project site requirements, interconnection procedures, engagement practices, confidentiality, environmental assessments, transportation logistics, and economic benefits. It provides guidance for proponents navigating regulatory processes in Nova Scotia.

1. Price indexation / EXHIBIT H of the PPA ( CALCULATION OF ADJUSTED ENERGY RATE) - CanREA is supportive of the addition of price indexation, which is currently set at 20% of CPI post-COD. We recognize that this helps share inflation risk...

AI summary CanREA supports increasing price indexation in Nova Scotia's PPA from 20% to 25-30% of CPI post-COD, citing current economic challenges and the need for renewable energy development. They cite examples from other provinces and recommend additional cost adjustments for specific materials to better manage inflation risks for both parties.

successor, or (iii) BBB with Dominion Bond Rating Service Limited or its successor. Emergency Condition – shall have the meaning ascribed to that term in the Generator Interconnection Agreement. Energy – means electric energy measured as u...

AI summary This section defines key terms related to energy and regulatory frameworks in Nova Scotia, including definitions of 'Emergency Condition,' 'Energy,' 'Energy Bid,' 'Energy Rate,' and 'Energy Source,' as well as references to relevant legislation and agreements.

as set out in the Proposal. Local Benefits Shortfall has the meaning given to it in Section 2.7 Local Benefit Report means a report setting out the Seller's Local Benefit expenditure at COD. Market Rules and Procedures – means the document...

AI summary The document defines key terms related to energy regulations and market procedures in Nova Scotia, including Local Benefits Shortfall, Market Rules and Procedures, and the More Access to Energy Act. It outlines the roles and responsibilities of entities such as the IESO and NSPI in managing energy systems and compliance.

1.8 Energy Reform (2024) Act - (a) Reference is made to the Energy Reform (2024) Act which came into effect on April 1, 2025 and pursuant to which certain Laws and Regulations were amended and pursuant to which the More Access to Energy Ac...

AI summary This section discusses the Energy Reform (2024) Act, which came into effect on April 1, 2025, and outlines changes to laws and regulations, including the transition of system operator functions from NSPI to the IESO, and the procurement of Ancillary Services by the IESO. It also addresses the governance of conflicts between the Act and the Agreement, and outlines arbitration procedures if parties cannot agree on amendments.

able, the Energy Bid will be prorated for any portion of a Contract Year. Contract Year – means a twelve-month period during the Term, starting on the Commencement Date or an anniversary thereof. Control – means (i) in relation to a Person...

AI summary The document defines key terms related to the Energy Bid, Contract Year, Control, Convention, CPI, and Cybersecurity Plan. These definitions establish the framework for contractual obligations, ownership thresholds, and compliance with international climate agreements and statistical measures.

ership, a joint venture, a trust, a Government Agency or other entity of any kind. Point of Isolation – means the designated disconnect switch that securely isolates the Facility from the System. Post-COD Amount – means the amount of the P...

AI summary The text defines several key terms and concepts related to energy procurement and regulation in Nova Scotia, including legal and financial definitions such as 'Point of Isolation,' 'Post-COD Amount,' and 'Prime Rate,' as well as roles such as the 'Procurement Administrator.' These definitions are essential for understanding contractual and regulatory obligations in the energy sector.

Interaction of ERIS Provisions and Section 33(4) of the Electricity Act Section 33(4) of the Electricity Act is silent on the type of Interconnection Service that a generation facility selects when determining eligibility to receive curtai...

AI summary The document discusses the interaction between ERIS provisions and Section 33(4) of the Electricity Act , noting that curtailment compensation is provided above the 5% threshold if due to transmission constraints. It outlines a deliverability assessment approach aimed at optimizing transmission upgrades and balancing costs with project deliverability.