Topic:"Financial Instruments" in M03413

NON-CONFIDENTIAL 1 Request IR-2: 12 2009, Digby Construction Bid Proposals 13 14  Redacted Attachment 2 - CBCL Limited - Bid Comparison, Project No.: 15 090630.00; Project: SkyPower Wind Power Project 16 17  Confidential Attachment 3 – C...

AI summary The text discusses a request (IR-2) related to construction bid proposals from 2009 for the SkyPower Wind Power Project. CBCL Limited provided an Engineer's Estimate and managed the tender process, receiving eight bids. SkyPower entered creditor protection before receiving detailed bid documents.

1 Request IR-13: 13 Interconnection; that is, the 69 kV bus at 77V Conway Substation. Please refer to UARB 14 IR-9(b). 15 16 (g) The annual license cost of $1,088 found on Page 126 of 179 of the GIA is an estimate of 17 the radio licensing...

AI summary The document discusses interconnection costs, license fees for radio frequencies used in Digby Wind telecommunications, and payment procedures for external project owners. It references Industry Canada's guidelines and includes references to attachments and previous filings.

Medium Congestion Zone Column I Column II Column III Column IV Column V Column VI Column VII Column VIII Column IX Column X Column XI 25 the basis for the estimate including the specific years used for this 26 expenditure. 1 Request IR-16:...

AI summary The text contains a series of requests for detailed explanations and justifications related to financial and accounting calculations, including taxes, discount rates, capital charges, and the IRR computation. These requests are part of a regulatory proceeding involving Nova Scotia Power and Nova Scotia Power Inc.

1 Response IR-16: (cont'd) 2 3 (vi) The ecoENERGY rebate is calculated based on $10/MWh, capped at 35 percent 4 of maximum production for 10 years. The Digby Wind Project is a 30 MW farm. 5 The maximum rebate is calculated as: 30 MW 24 hou...

AI summary The response outlines the calculation of the ecoENERGY rebate for the Digby Wind Project, the components of cash taxes, the definition of NOPAT, and the use of the Weighted Average Cost of Capital in financial calculations. It also explains the exclusion of unused CCA from IRR calculations.

REDACTED 1 Request IR-17: 2 3 Reference CONFIDENTIAL Appendix 17, Levelized Cost Analysis 4 5 (a) Please provide an electronic copy of the spreadsheet with all formulae intact. 6 7 (b) Please explain the calculation of the negative numbers...

AI summary The text outlines information requests related to the levelized cost analysis of the Digby Wind Project, including requests for electronic copies of spreadsheets, explanations of negative numbers from 2010, and clarification on the 9.35% figure. It also requests details on revenue requirements under a power purchase agreement (PPA). A response refers to a confidential attachment.

- .1 stantial completion of the work. - .2 (6) months following delivery to the Place of the Installation. - .2 Owner, through the Engineer, shall promptly give the Vendor notice in writing of observed defects and deficiencies that occur d...

AI summary The text outlines warranty obligations and factory test requirements for electrical equipment, including procedures for reporting defects, correcting issues, and assigning warranties. It also specifies testing standards for circuit breakers, current transformers, and bushings.

- .2 CSA Standards - .1 C156.1, Ceramic and Glass Station Post Insulators - .2 G164, Hot Dipped Galvanized or Irregularly Shaped Articles - .3 W59, Welded Steel Construction (metal-ark welding) - .3 NEMA Standards - .1 Std. SG-6, Power Swi...

AI summary This document outlines the standards and submittal requirements for electrical components, including CSA, NEMA, ANSI/IEEE, and ISO standards, as well as specifications for operation and maintenance data and manufacturer drawings for disconnect switches.

- .8 Formwork: - .1 Forms: to CSA-A23.1, plywood and lumber, clean and free of loose knots, splits or metal. - .2 Form Ties: to CSA-A23.1, removable or snap-off metal ties, fixed or adjustable length. Form ties, tie wire, spacers or other...

AI summary The text outlines specifications for formwork and concrete mix, referencing various Canadian standards and testing methods. It details requirements for materials such as form ties, release agents, and curing compounds, as well as specifications for concrete mix proportions and air content.

[130] NSPI, in its response to Undertaking U-13, noted that by using the PPA incremental energy rate and its application assumptions, the NPV of the DWP will decrease to $3.7 million. However, this does not take into account the revised co...

AI summary NSPI argues that using revised construction and O&M costs, the NPV of the DWP project increases to $6.6 million with a lower levelized energy cost than the PPA. The analysis also includes higher production levels than initially assumed, showing potential benefits to customers if production exceeds forecasts.

NON-CONFIDENTIAL 1 Request IR-5: 2 3 Please explain the meaning of the abbreviation "COPS" in Appendix 2. 4 5 Request IR-6: 6 7 Please explain the nature of the "Thermal & Hydro Contracts AO" in Appendix 2. 8 9 a. overheads, or something e...

AI summary This document contains a series of requests related to the explanation of abbreviations, the nature and derivation of specific cost allocations, and the approval status of methods used in financial calculations for the Digby Wind Project and related projects. The requests focus on overhead allocations, cost computations, and regulatory approvals.

1 non-compliance and, quite frankly, it's just our practice and policy and 2 desire to comply with the laws and regulations. So we work hard to do 3 that. 4 5 The Digby project is only one example of the hard work that we've done 6 to ensu...

AI summary The speaker discusses the importance of compliance with regulations, highlighting the Digby project as an example of efforts to ensure compliance. They argue that the project was necessary to achieve economic and environmental benefits, including gaining eco-energy credits, and that the price is reasonable due to effective project execution and financing.

[130] NSPI, in its response to Undertaking U-13, noted that by using the PPA incremental energy rate and its application assumptions, the NPV of the DWP will decrease to $3.7 million. However, this does not take into account the revised co...

AI summary NSPI argues that using revised construction and O&M costs, along with the P50 production level from the Garrad Hassan report, results in a higher NPV and lower levelized energy cost for the DWP compared to the PPA. This analysis supports the Company's position that the project is more financially viable than previously estimated.