near-term RES Compliance Forecast in Figure 14 illustrates the full amount of RES-eligible 2 energy forecast to be available to the Company for 2024-2026. 3 4 Figure 14: RES Compliance Forecast 5 RES Compliance Forecast31 2024 2025 2026 En...
AI summary The near-term RES Compliance Forecast for 2024-2026 shows that the Company is projected to have a surplus of renewable energy, with forecast RES percentage of sales reaching 53% in 2024, 65% in 2025, and 68% in 2026. The forecast includes contributions from various renewable energy sources and eligible pre-2001 IPPs.
1 Offsets/credits are being considered as an element of the CES framework, which would serve to 2 offset emissions from electricity generation in support of economy wide electrification. In parallel, 3 the OBPS emissions performance standa...
AI summary The document discusses the consideration of offsets/credits under the Clean Electricity Standard (CES) framework to support economy-wide electrification, alongside the review of OBPS emissions performance standards. NS Power is involved in consultations for a Clean Electricity Regulation under CEPA and is refining its electricity strategy to meet 2030 and 2035 targets, including RES and carbon pricing.