N-1Q1 2026/2027 Quarterly Report
4 passages
IESO Nova Scotia's focus areas for its fiscal year 2026/2027 are as follows: - Completing the inaugural Integrated Resource Plan ("IRP"), with completion targeted for late 2026. - Concluding the RFP for fast-acting generation to support th...
AI summary IESO Nova Scotia outlines its focus areas for fiscal year 2026/2027, including completing the Integrated Resource Plan, concluding an RFP for fast-acting generation, supporting renewable energy procurement, and updating interconnection procedures. Updates on progress during Q1 2026/2027 are also included.
PHASE 2 TRANSITION STATUS UPDATE Key activities of IESO Nova Scotia's Phase 2 transition included: - Finalizing Phase 2 planning work, assisted by IBM consultants. This included building a recommended implementation roadmap and budget for...
AI summary IESO Nova Scotia has completed Phase 2 planning with IBM consultants, including a recommended roadmap and budget for consideration by the IESO Board of Directors in early Q2. The transition to Phase II implementation is pending necessary approvals and funding, with plans to engage the NSEB and stakeholders prior to any submission to the NSEB.
INTEGRATED RESOURCE PLAN Key activities of IESO Nova Scotia's ongoing inaugural IRP process included: - On May 22, 2026, IESO Nova Scotia filed with the NSEB, and published on its website, the Terms of Reference (ToR) for the 2026 IRP. The...
AI summary The Integrated Resource Plan (IRP) process in Nova Scotia involves key activities such as filing Terms of Reference, engaging with stakeholders, and conducting studies like the Effective Load Carrying Capability (ELCC) study. Dunsky Energy was selected as a technical consultant, and stakeholder feedback is being incorporated into the planning process. Final results are expected in Q3 2026/2027.
ENERGY PROCUREMENTS Key activities of IESO Nova Scotia's energy procurement processes included: - On April 15, 2026, IESO Nova Scotia entered into a definitive agreement with New Brunswick Power (NB Power) to procure approximately 100 MW o...
AI summary IESO Nova Scotia has procured 100 MW of capacity from NB Power's RIGS project and is progressing a 300+ MW fast-acting generation procurement aligned with the Integrated Resource Plan. Over 300 stakeholder comments were considered, leading to revisions in the RFP and Tolling Agreement. Additional procurement for capacity and energy storage is planned for 2026/2027.