Topic:"Policy And Legislation" in M12249

2.1 DEVELOPMENTS IN LAW AND POLICY - Nova Scotia's electricity sector is in an era of significant change. Driven by ambitious federal and provincial - environmental goals, NS Power is phasing out its coal fleet by 2030, with a target to ac...

AI summary Nova Scotia's electricity sector is undergoing significant changes, driven by environmental goals. The province created the Clean Electricity Solutions Task Force, which recommended the creation of an independent energy system operator and a standalone energy regulator. These recommendations were implemented through the Energy Reform (2024) Act, which amended several existing statutes, including the Public Utilities Act.

Background On March 25, 2025, the Government of Nova Scotia enacted a legislative amendment to the Public Utilities Act that extended the term of EfficiencyOne's ("E1") existing 2023-2025 DSM Plan, as well as E1's DSM Agreement with Nova S...

AI summary The Government of Nova Scotia amended the Public Utilities Act to extend EfficiencyOne's 2023-2025 DSM Plan and its agreement with NS Power until December 31, 2026, with a prescribed investment of $63,750,000. EfficiencyOne applied to the Energy Board for approval of its 2026 DSM targets and amendments to the DSM Purchase Agreement. The 2026 DSM Extension includes changes such as updated avoided cost assumptions and the termination of certain program components. Consultants Synapse and GEEG provided recommendations, with Synapse expressing concerns over data gaps and GEEG suggesting modifications.