4.1 Statutory mandate under the MAEA The MAEA's purposes include increasing competition and innovation in the energy sector, ensuring a reliable and economical energy supply, providing for competitive procurement of new resources, and prov...
AI summary The text discusses the statutory mandate under the More Access to Energy Act (MAEA), outlining the IESO's responsibilities in planning, system operation, and market facilitation. It also explains the two cost recovery pathways for IESO Nova Scotia, including the submission of revenue requirements to the NSEB and the recovery of energy resource supply contract costs through a mechanism established by the NSEB.