E-1Evidence - 2012 DSM Plan 2/28/2011
5 passages
Performance-based Approach Following up on the recommendations of the 2008 Wheeler Report, 8 ENSC proposes to engage the UARB and stakeholders to further assess the options for implementing a multi-year performance-based approach to DSM pl...
AI summary ENSC proposes a multi-year performance-based approach to DSM planning, following the 2008 Wheeler Report's recommendations, and seeks stakeholder and UARB input. This approach is detailed in Section 10 of the document.
10. PERFORMANCE-BASED APPROACH The creation of ENSC flows from the recommendations of a stakeholder consultation process facilitated by Dr. David Wheeler. 17 The final report resulting from this process envisioned a performance-driven over...
AI summary The document discusses the creation of ENSC based on a stakeholder consultation process led by Dr. David Wheeler, proposing a performance-based oversight mechanism for energy and demand savings. This model would shift regulatory focus from annual filings to multi-year frameworks, similar to those used in Vermont, with the UARB's role evolving to evaluate and verify performance.
REGULATORY ISSUES & RISKS Our review of the regulatory landscape led us to identify four issues that ENSC will need to address to ensure it is able to fully contribute to Nova Scotia's ambitious electricity DSM goals. 1. PERFORMANCE-BASED...
AI summary The document identifies four regulatory issues ENSC must address to meet Nova Scotia's electricity DSM goals. It highlights the need for a shift from annual to multi-annual, ex-post performance-based oversight of DSM plans, as recommended by the 2008 Wheeler Report.
ENSC Electricity DSM Review administrator must devote to formal regulatory hearings and processes, freeing them up to focus more on ensuring targets are met. 5 RISK While Nova Scotia's regulatory model allows for somewhat more flexibility...
AI summary The document discusses the need for a more flexible and performance-based approach to regulatory processes in Nova Scotia, suggesting that a multi-annual framework could better support the achievement of energy efficiency targets. It highlights risks associated with the current annual preapproval process.
RECOMMENDATIONS - Consider moving to a multi-annual, ex-post performance-based approach and, in so doing, clarify the associated review / oversight framework - In the interim, maintain the flexibility previously afforded to NSPI to adjust...
AI summary The recommendations suggest transitioning to a multi-annual, ex-post performance-based approach with a clear oversight framework and maintaining flexibility for NSPI to adjust programs before future hearings. The text highlights the significant time spent on regulatory approvals, which can detract from program management and strategic planning.