1 NSPML acknowledges that the pattern and amounts of energy and capacity availability 2 from NLH during the months immediately following the Acceleration Agreement were not 3 consistent with what customers would have reasonably expected wh...
AI summary NSPML acknowledges that NLH's energy and capacity availability during the months following the Acceleration Agreement did not meet customer expectations. This led to significant financial penalties and disallowances, which are currently under appeal. NSPML states that NLH's performance has improved since the commissioning of the LIL.
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.
Date Filed: February 3 , 2026 Page 30 of 37 1 8.0 REQUEST FOR RELIEF 26 In setting out the conditions for terminating the Holdback, the Board stated: 27 The Board concludes that the recent short-term NS Block and Make 28 29 up Energy deliv...
AI summary The Board has outlined conditions for terminating the Holdback mechanism, requiring consistent energy delivery performance over 12 consecutive months and a reduction in under-deliveries to reasonable levels. Since the commissioning of the LIL in April 2023, NSPML has been delivering promised benefits, and performance has improved significantly.