Topic:"Evidence Requirements" in M12412

4.3.2.12 Costs incurred prior to the test period - Given the NSIESO was established on October 24, 2024 but the Application covers only the test period ending March 31, 2026, we inquired with the NSIESO in DGT-IR-2 to determine whether the...

AI summary The NSIESO, established in October 2024, confirmed that the only OM&A costs for March 31, 2025, were pro-rata remuneration for the Board of Directors appointed in February 2025. These costs are not being recovered through the application, as the test period (October 2020–March 2025) does not include earlier unaccounted costs.

8 Q What is the purpose of your Joint Evidence before the NSEB in this NSIESO

AI summary The question asks about the purpose of submitting Joint Evidence before the Nova Scotia Energy Board (NSEB) in the NSIESO proceeding. It involves entities like NSISO, NSP, and NSUARB, focusing on regulatory processes and evidence submission.

PROFESSIONAL EXPERIENCE Synapse Energy Economics, Inc ., Cambridge, MA. Senior Vice President , 2024 – Present, Vice President , 2018 – 2024, Principal Associate , 2009 – 2018, Senior Associate , 2004 – 2009. Responsibilities include consu...

AI summary The individual holds senior roles at Synapse Energy Economics, Inc., focusing on energy economics, electricity utility planning, regulation, and expert testimony on wholesale/retail electricity issues. Responsibilities include analysis of transmission, generation, and demand-side management, with extensive project experience in the sector.

Test year budget Report Reference: Page 3, Figure 1, bullets 4 & 5 and Page 31, lines 11-30 • "We have reviewed the supporting financial model provided by the NSIESO for mathematical accuracy and internal consistency and found no errors. H...

AI summary The NSIESO's test year budget was found mathematically accurate but lacks supporting documentation for hardcoded inputs and relies on informal market data. Recommendations include stricter filing requirements for future submissions to ensure transparency and prudence in revenue calculations, aligning with GUP principles.

Request IR-2: - Reference: Exhibit N-1(i), p. 2 of 36 - The NSIESO notes that it does not have historical organizational experience and operational data. - a) Has the NSIESO reached out to NS Power to obtain information regarding its organ...

AI summary The NSIESO seeks information on whether it has contacted NS Power or other independent electricity system operators for organizational experience and operational data, and how such information influenced its application. The NSIESO acknowledges a lack of historical data and requests clarification on outreach efforts and their impact.

18 1 2025 M12412 2 Reference: Page 31, lines 16-30. 3 4 5 Preamble: In this section, DGT outlines the NSIESO's representation in the Application that supporting documentation and quotes had been obtained but in fact, certain expenses were...

AI summary The document discusses a request for clarification on the potential variance of expenses and the basis for concluding they are 'not unreasonable' without evidentiary support. It also includes a recommendation for minimum filing requirements, including formal evidentiary support for significant budget items.

3.4 Minimum Filing Requirements and Financial Controls [51] As discussed above, it was determined through the IR process that IESO Nova Scotia relied on generic market information and informal discussions to determine its forecasted expens...

AI summary The document outlines recommendations for minimum filing requirements for IESO Nova Scotia's financial applications, emphasizing formal support for budget items and stakeholder engagement. Doane Grant Thornton advised the Board to require detailed evidence for forecasted expenses, while the Industrial Group proposed four specific requirements, including historical financial data, stakeholder collaboration details, and justification for deferral amounts.