Topic:"Environmental Compliance" in M12394

1.5 Electricity Source - (a) The Parties acknowledge that: - (i) the Energy of the Nova Scotia Block and associated GHG Credits are required by Emera to allow it to comply with Applicable Law relating to environmental compliance; and - (ii...

AI summary The Parties acknowledge the need for the Nova Scotia Block and associated GHG credits to comply with environmental laws. It is intended that the Nova Scotia Block be generated at the Muskrat Falls Plant, though Stored Energy may be used if the Muskrat Falls Plant generates enough energy annually to meet Emera's requirements.

2.3 GHG Emissions and Credits The Parties acknowledge and agree that: - (a) the Nova Scotia Block is intended to enable Emera to satisfy obligations arising pursuant to the RES and/or legislation regarding greenhouse gas emissions. For the...

AI summary The Parties agree that Emera will own GHG Credits from the Nova Scotia Block for RES and GHG compliance, and Nalcor will assign these credits to Emera. Nalcor will also assist Emera in registering the Muskrat Falls Plant under new environmental programs, with Emera reimbursing Nalcor for associated costs.

7.5 Overall assessment of business risk - 251. In this section of the decision, the Commission considers whether business risk factors impacting all the utilities, or a particular segment of the utilities, require the Commission to adjust...

AI summary The Commission evaluates business risk factors affecting utilities, including cybersecurity, decarbonization policies, and macroeconomic factors, and considers whether these justify adjusting deemed equity ratios. Utilities argue for higher equity ratios due to increased risks, while interveners suggest maintaining or reducing them. Stranded asset risks and a recent court decision are also discussed.

7.5.4 Decarbonization - 263. The Commission finds that while there are numerous legislative and other initiatives at all levels of government to reduce carbon emissions, 255 the record of this proceeding does not establish that progress to...

AI summary The Commission considers the impact of decarbonization on Alberta utilities, noting that while there are initiatives to reduce carbon emissions, there is insufficient evidence to show that decarbonization poses an immediate risk to utilities. Interveners argue that decarbonization may benefit utilities by increasing infrastructure investment, but the Commission finds no significant evidence of increased risk to Alberta utilities from decarbonization.

s time frame. Morningstar DBRS will continue to monitor the Company's progress, especially with the release of a Clean Electricity Solutions Task Force report expected early in 2024. [76](#page-92-2) Specific environmental policies applica...

AI summary NSPI faces significant environmental policy challenges, including the closure of coal-fired generation by 2030, a federal carbon tax increasing to $170 per tonne by 2030, and provincial renewable energy targets. These policies will require NSPI to transform its generation portfolio and invest substantial capital.

PARTIALLY CONFIDENTIAL (Attachments Only) 1 Undertaking U-11: Other Consulting 0.1 0.1 0.3 0.3 0.1 0.1 0.1 0.6 0.1 0.6 0.9 0.5 3=1 ( - ) Maintenance and Inspection 6.6 7.7 6.8 6.9 8.5 6.6 6.8 8.9 8.4 9.5 8.6 8.7 9.3 8.3 3 7.4 5.5 5.8 Conve...

AI summary The document presents a table with various operational and maintenance costs across different categories, including maintenance and inspection, insurance, and environmental assessment, with numerical values for each period. The data reflects costs associated with infrastructure, fleet vehicles, and other operational activities.