C0032664 NSEB IR-5 Attachment 1 Page 25 of 92 REDACTED (CONFIDENTIAL INFORMATION REMOVED) FINAL NS POWER DISPATCH STUDY SECTION 3:
AI summary The document is a page from a final NS Power Dispatch Study, specifically Section 3, which is part of a regulatory proceeding. It contains technical information related to energy dispatch and operations, though specific details are redacted.
3.4 Forecasting of Fuel Needs According to the Forecasting Methodology described in Appendix B of the FAM's POA ("Appendix B"), NS Power produces fuel forecasts required to set the Base Cost of Fuel a year or more in advance in an exercise...
AI summary NS Power uses PLEXOS® and PortOps® to forecast fuel needs, optimizing for least cost and transmission security. Forecasts are prepared annually and updated quarterly, with methodologies aligned to best practices. Both tools are industry-leading and not customized by NS Power.
3.5.2 Prospective Given the changing role of Tufts Cove in NS Power's generation portfolio, it becomes much more challenging to forecast the use of this asset and it is therefore quite reasonable and expected to observe significant differe...
AI summary The changing role of Tufts Cove in NS Power's generation portfolio makes forecasting its use more challenging, leading to significant differences between forecasted and actual dispatch. NS Power uses three different forecasting tools managed by three different groups.