N-20NSPI (Bates White) RIR 1-20 - Redacted
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2025 Load Forecast Report Redacted 1 LIST OF FIGURES 2 3 Figure 1: Historical and Predicted Annual Net System Requirement 8 4 Figure 2: Historical and Predicted Annual System Peak 9 5 Figure 3: Historic and Forecast Net System Requirement...
AI summary The 2025 Load Forecast Report outlines historical and projected data on annual net system requirements, system peaks, heating and cooling degree days, customer trends, and the impact of electrification, EVs, and renewable energy on load forecasting.
9 4.4.1 Heat Pumps 10 11 Heat pump usage continues to grow in the province as more customers find heat pumps an efficient 12 way to heat and cool buildings as well as providing environmental and financial benefits. The end-13 use model use...
AI summary Heat pump adoption in Nova Scotia is increasing rapidly, driven by grants and financing options. The 2025 forecast estimates 48% of customers using heat pumps, with strong uptake expected to continue due to available incentives. The hybrid electrification scenario is being used, which includes backup heating systems for cold days.
14 Figure 23: Heat Pump Energy and Peak Comparison Year NS Power HP Energy (GWh) E3 HP Energy (GWh) Change in Energy Forecast (GWh) NS Power HP Peak (MW) E3 HP Peak (MW) Change in Peak Forecast (MW) 2030 235 74 -161 97 83 -14 2035 494 205...
AI summary Figure 23 compares energy and peak demand forecasts for heat pumps under NS Power and E3 for the years 2030 and 2035, showing significant reductions in both energy and peak demand when using E3's projections.
1 4.4.2 Water Heaters 2 3 NS Power anticipates that some customers who convert their oil heating systems to heat pumps 4 will also convert their hot water supply to electric hot water tanks because of the annual operating 5 savings. Growth...
AI summary NS Power anticipates increased adoption of electric water heaters as customers switch from oil heating to heat pumps, with saturation expected to reach 90% by 2035. A joint program with E1 involves directly controlling water heaters for system benefits. Despite a rebate, uptake of heat pump water heaters remains low, though efficiency improvements are expected over time.
5 Figure 34: Residential End-Use Intensities 6 7 4 8 The intensity trends are similar to those in prior forecasts. The use of heat pumps for space heating 9 is forecast to increase steadily throughout the forecast period including the conv...
AI summary The document discusses residential end-use intensities, highlighting trends such as increased use of heat pumps for space heating, decreased electric baseboard heating, and slow increases in electric water heating. Lighting and refrigeration show efficiency improvements, while the 'Other' category declines due to reduced EV sales and increased PV generation.
1 Figure 70: Commercial End-Use Peak Shares 2 3 4 5 As with the residential class, there is a significant increase in peak contribution from EVs, 6 increasing from 0.3 percent in 2025 to 6.2 percent in 2034. The electrification of space he...
AI summary The figure illustrates the changing contribution of various end-uses to peak demand in the commercial sector. EVs and electric heating are increasing their share, while lighting is decreasing. These trends are projected from 2025 to 2034.
N-84Response to Undertaking U-17
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ection is filed under subsection 93.4(4) or (5) of the Act. 4 (1) The Act is amended by adding the following after section 93.3: Definitions 93.4 (1) The following definitions apply in this section. FABI surplus, of a foreign affiliate (re...
AI summary The text outlines an amendment to the Act, specifically adding definitions under section 93.4. It defines FABI surplus in relation to a foreign affiliate, including specific conditions related to taxable surplus calculations under the Income Tax Regulations.
ductible 248(1), but does not include a natural person or a part- par l’effet de la division 95(2)f.11)(ii)(D)) nership. (contribuable) sur le total des sommes dont chacune re- présente : transaction includes an arrangement or event. (opér...
AI summary The text outlines definitions related to tax regulations, including terms such as 'transaction,' 'transferred capacity,' and provisions under subsection 95(2)f.11)(ii)(D). It discusses revenue from interests and financing of affiliated companies and sums included under specific tax subdivisions.
2 the foreign affiliate’s relevant affiliate écrit en vertu de la présente division selon les interest and financing expenses (as de- modalités réglementaires, fined in subsection 18.2(1)) (determined without regard to this clause and subs...
AI summary The text outlines specific financial calculations related to a foreign affiliate's interest and financing expenses, as well as foreign accrual property losses, under a regulatory framework. These calculations are determined without regard to certain subsections of the Income Tax Regulations.
3 les dépenses d’intérêts et de finance- (determined without regard to this clause, ment de la société affiliée pertinentes clause (D) and subsection 18.2(19)) for the (au sens du paragraphe 18.2(1)) de la socié- taxation year, and té étra...
AI summary The text outlines the determination of interest and finance expenses of a foreign affiliate, excluding specific provisions, and references the foreign affiliate's foreign accrual property loss or income for the taxation year.