Topic:"Forecasting Methodology" in M12247

es online or planned for 2030 (compared to the preferred plan of the 2023 Evergreen IRP), and the ability of obtaining additional firm import capacity through New Brunswick by the 2029/2030 period. … NSPI did not update any production cost...

AI summary NSPI's Action Plan Update lacks updated modeling, recent load forecasts, and DSM assumptions. It relies on the 2024 Path to 2030 report without comparing it to the 2023 IRP. Critics argue the resource plan changes lack justification for increased CTs. Synapse and the Small Business Advocate raised these concerns.

by 2030. The 10-Year System Outlook report does not provide discussion on the effects these factors could have on an updated modeling assessment of 2030 resource need and resource type determination. More recent load forecasts completed in...

AI summary Recent load forecasts (2024-2025) show declining firm peak loads by 2030, contradicting NS Power's 2023 projection that justified 600 MW of new CTs. The 2025 report includes 400 MW of battery storage, reducing reliance on CTs. Earlier forecasts overestimated capacity needs, aligning 2025 projections with 2022 data and reducing 2029/2030 deficits.

es online or planned for 2030 (compared to the preferred plan of the 2023 Evergreen IRP), and the ability of obtaining additional firm import capacity through New Brunswick by the 2029/2030 period. … NSPI did not update any production cost...

AI summary NSPI's Action Plan Update lacks updated production cost modeling, recent load forecasts, and DSM assumptions. It relies on the 2024 Path to 2030 report without comparing its resource plan to the 2023 IRP. Critics, including Synapse and the Small Business Advocate, highlight these omissions as significant flaws.