E-24Rebuttal Evidence of E1 including Appendix A - Energy Futures Group Rebuttal Evidence
3 passages
E1 Response - E1 submits that the non-USIs considered in the proposed BCA test address the goals of strategic - electrification, sustainable development and sustainable prosperity. All these goals are legislated matters - for consideration...
AI summary E1 argues that non-USIs in the BCA test align with legislated goals of strategic electrification and sustainable development. They oppose narrowing DSM criteria, claiming it would undermine secondary objectives and contradict stakeholder-supported Balanced Plan Approach, harming ratepayer interests and effective demand-side management.
Bowman Mr. Bowman suggests that E1's focus on balanced plan design is problematic. He explains: [T]his is generally inconsistent with NSPM Principle 1, unless explicitly established by policy. Just as generation energy resources are compar...
AI summary Mr. Bowman argues that E1's emphasis on balanced plan design conflicts with NSPM Principle 1, which prioritizes cost-effectiveness for DSM over equity and access. He highlights that utility resources are not typically designed for balance, using wind developer PPA examples. He reaffirms Nova Scotia's IRP principles: safety, reliability, least cost, decarbonization, and robustness to assumption changes, unless explicit policy mandates balanced DSM access.
Board ("NSUARB") accepted the Framework for use in future DSM Plan applications. [14](#page-10-3) Since acceptance by the NSUARB in 2016, E1 has followed the Framework in its DSM Plan applications. M07543, E-3, EfficiencyOne Application fo...
AI summary The NSUARB accepted the Standardized Filing Framework for future DSM Plan applications, which E1 followed since 2016. A deferred matter (M07543) relates to the 2016 DSM Resource Plan. Critics argue adopting Bowman's approach would eliminate low-income programs and equity considerations, while Bowman contends GHG emissions must be directly tied to DSM, not external factors like caps.
100256Board Decision
5 passages
and pride to zero for the purposes of the 2027–2031 DSM Plan. The Consensus Agreement also reduced the proposed proxy values for the "Building Shell", "BNI" and "Solar + Storage" measures categories. [23] The proposed BCA test will use a 2...
AI summary The proposed BCA test uses a 2% social discount rate, justified by E1 as aligning with GHG reduction objectives, legal standards, and guidance from NSPM, the U.S. Office of Management and Budget, and the Canadian Treasury Board. The Consensus Agreement adjusted proxy values for DSM measures like 'Building Shell' and 'Solar + Storage'.
tes" and that the "listed factors in section 6(2)(a-e) [of the Energy and Regulatory Boards Act ] supplement, but do not replace, the Board's primary mandate." In its closing submissions, it states: The operative phrase of section 6(2) is...
AI summary Nova Scotia Power (NS Power) argues that section 6(2) of the Energy and Regulatory Boards Act requires 'appropriate consideration' of factors without imposing prescriptive requirements. It contends that 'sustainable development' in the More Access to Energy Act does not mandate non-utility impacts in benefit-cost analysis (BCA) and asserts that E1 has failed to link host customer benefits to 'sustainable development'.
ince; - [94] "Sustainable prosperity" is defined in s. 3 of the More Access to Energy Act as having the same meaning as in the Environmental Goals and Climate Change Reduction Act , SNS 2021, c 20: "sustainable prosperity" means prosperity...
AI summary The document defines 'sustainable prosperity' under the More Access to Energy Act using the Environmental Goals and Climate Change Reduction Act (SNS 2021, c 20). It emphasizes principles including Netukulimk, sustainable development, circular economy, equity, shared responsibility, and recognizing climate change as a global emergency.
4.2 Benefit-Cost Test Alternatives [143] No party in this proceeding argued that the existing TRC test should be maintained in its present form. [144] As discussed in more detail previously, E1's proposed BCA test includes utility system a...
AI summary No party supports maintaining the existing TRC test. E1 proposes a BCA test incorporating utility and non-utility system impacts, aligning with Nova Scotia's legislative changes and sustainability goals. Table 5 compares the existing TRC and proposed BCA tests.
sed as borrowing costs or the opportunity cost of alternative investments. - 3. Societal discount rate: A lower rate intended to account for intergenerational equity or broader societal consideration. [172] In the application, Energy Futur...
AI summary Energy Futures Group (EFG) recommends a 2% social discount rate for BCA tests, aligning with Canadian government guidance. E1 supports this, emphasizing societal and environmental considerations, and notes reliance on U.S. screening practices rather than Canadian jurisdictional reviews. The Board references EFG's alignment with the Social Cost of Greenhouse Gas Estimates guidance and Treasury Board Secretariat regulations.
100256Board Decision
5 passages
- Generation System Impacts, including avoided energy production, avoided generation capacity, avoided carbon compliance costs, avoided variable O&M and generation risk and reliability impacts; - Transmission System Impacts, including avoi...
AI summary The proposed Benefit-Cost Analysis (BCA) test evaluates impacts across generation, transmission, distribution, and utility administrative systems. It also incorporates non-utility impacts from the Energy Reform Act and More Access to Energy Act , including host-customer, fuel savings, and societal benefits like GHG reductions and health improvements.
tes" and that the "listed factors in section 6(2)(a-e) [of the Energy and Regulatory Boards Act ] supplement, but do not replace, the Board's primary mandate." In its closing submissions, it states: The operative phrase of section 6(2) is...
AI summary NS Power argues that section 6(2) of the Energy and Regulatory Boards Act requires 'appropriate consideration' of factors without prescribing their weight, and that 'sustainable development' in the BCA test lacks clear linkage to non-utility impacts. It contends E1's approach misinterprets legislative intent by transforming policy language into prescriptive requirements.
Sustainable prosperity long-term objective - 5 (1) The long-term objective of the Government is to achieve sustainable prosperity. - (2) To achieve its objective of sustainable prosperity, the Government shall - (a) establish, adopt, suppo...
AI summary The Government of Nova Scotia aims to achieve sustainable prosperity through integrated environmental and economic goals, public awareness campaigns, clean economy growth, well-being initiatives, supportive regulation, and continuous improvement in social, environmental, and economic indicators.
4.2 Benefit-Cost Test Alternatives [143] No party in this proceeding argued that the existing TRC test should be maintained in its present form. [144] As discussed in more detail previously, E1's proposed BCA test includes utility system a...
AI summary No party supports maintaining the current TRC test. E1's proposed BCA test includes utility and non-utility system impacts, informed by Nova Scotia's legislative changes, with objectives of sustainability, GHG reduction, and equitable access. Table 5 compares the existing TRC test and the proposed BCA test.
WACC is legally and conceptually wrong, because WACC represents NS Power shareholder risk. Furthermore, because WACC is larger than 2%, the higher value will reduce the long-term benefits in the BCA. [190] The Consumer Advocate supported t...
AI summary The text debates the appropriate discount rate for Nova Scotia Power's BCA. NS Power argues WACC is preferable as it reflects shareholder risk and immediate financial benefits, while the Consumer Advocate supports a 2% social discount rate, citing Quebec's Superior Court. NS Power also disputes the 2% rate, claiming it inflates long-term savings.