4. GHG EMISSIONS BY SCENARIO NS Power's August 23, 2024 avoided costs deliverable provided annual GHG emissions for the scenarios CE1-E1-R2, Base DSM, No DSM ("No EE, No DR"), and No DR. E1 has plotted the annual CO 2 emissions intensity b...
AI summary NS Power's analysis of GHG emissions under various scenarios (CE1-E1-R2, Base DSM, No DSM, No DR) shows the No DSM scenario exceeds the 50g/kWh post-2035 carbon cap. E1 argues that the same constraints should apply to all scenarios for avoided costs to be meaningful, citing the 2022 IRP's 50g/kWh limit. Figures 2 and 5 illustrate emission trends and discrepancies.
5. COMPARISON OF 2021 TO 2024 AVOIDED COSTS 2 2022 Evergreen IRP Updated Assumptions – Revised January 2023. Slide 12. January 26, 2023. E1 assessed the differences in avoided costs between the previous 2021 avoided costs (developed from t...
AI summary E1 compared NS Power's 2021 and 2024 avoided costs, noting that 2024 includes an embedded carbon cost absent in 2021. Annual avoided costs, not levelized values, were used for DSM Plan modeling. Figures 3 and 4 illustrate comparisons, with adjustments for CPI and carbon inclusion.
6. EMBEDDED AVOIDED COST OF CARBON WITHIN AVOIDED COST OF ENERGY At the direction of the Nova Scotia Utility and Review Board (NSUARB), in 2024 E1 initiated a process led by Energy Futures Group (EFG) to assess and develop an optimal DSM c...
AI summary E1, under NSUARB direction, is developing a DSM methodology with EFG, aiming to file a BCA application in 2025. The BCA test includes GHG emissions' societal impacts, requiring subtraction of embedded carbon costs from avoided energy costs. NS Power's OBPS carbon tax is referenced as reflecting marginal carbon costs, influencing the embedded carbon price calculation.