Why do this project? This project is required to address the functional and technical concerns of the incumbent generation dispatch modeling tOOl. The 2008 Technical Asset Review identified Opsym as an overall high risk due to underlying b...
AI summary This project addresses risks in the incumbent generation dispatch modeling tool (Opsym), identified as high risk due to scalability and functionality issues. Manual mitigation is unsustainable, and loss of Opsym would cause inaccuracies in real-time pricing and failure to meet Northeast Power Coordinating Council reporting requirements, a North American Electric Reliability Corporation mandate.
WhY do this project now? . NSPI is subject to an ever- changing set of requirements relating to how it manages power inputs and outputs relating to enl~rgy. This includes renewable energy legislation, the Fuel Adjustment Mechanism, new fue...
AI summary NSPI faces evolving requirements in managing power inputs/outputs, including renewable energy legislation, the Fuel Adjustment Mechanism, new fuel sources, and market conditions. A robust solution is needed for analytical, management, reporting, and transparency needs.
4.5.Change in the business environment In the future, Nova Scotia Power expects to have to incorporate a significant volume of private sector generation into the dispatch model. As a result, there is an expected need for a flexible applica...
AI summary Nova Scotia Power anticipates integrating private sector generation into its dispatch model, requiring a flexible application. It also plans to implement a Fuel Adjustment Mechanism (FAM) and conduct longer-term studies, as the current NSP version of Opsym is limited to one-month runs.