Topic:"Power Purchase Agreement" in M12696

1 Q16. PLEASE BRIEFLY DESCRIBE THE AMENDED AND RESTATED ENERGY & 2 CAPACITY AGREEMENT. 3 A16. The Amended and Restated Energy & Capacity Agreement ("ECA") was one of the 13 4 original agreements executed by Emera and Nalcor and provides fo...

AI summary The Amended and Restated Energy & Capacity Agreement (ECA) between Emera and Nalcor ensures Nova Scotia customers receive make-up energy if Nalcor fails to deliver energy from the Muskrat Falls project, including during outages. The agreement entitles customers to 0.986 TWh annually from Muskrat Falls plus supplemental energy.

11 Q17. HAVE DELIVERIES OVER THE MARITIME LINK IMPROVED SINCE THE 12 HOLDBACK MECHANISM WAS IMPLEMENTED? 13 A17. Yes. Since the holdback mechanism restructuring in February of 2022, deliveries over the 14 Maritime Link have improved signif...

AI summary Since the 2022 holdback mechanism restructuring, Maritime Link deliveries exceeded 90% monthly thresholds for 11 of 12 months (excluding planned outages). NS Block deliveries reached 140% of contractual requirements, with winter deliveries exceeding 140% when including make-up energy. Shortfalls were redelivered, and the net undelivered energy balance fell below 10% by March 2024. April 2024 deliveries temporarily dipped below 90% due to extreme weather but were later rectified.

Chapter 4 — U.S. Hydropower Price Trends U.S. FEDERAL POWER MARKETING ADMINISTRATIONS (PMAS) INCREASE PARTICIPATION IN OTHER ORGANIZED ELECTRICITY MARKETS — To better adapt to the ongoing changes in market structure, generation mix, and th...

AI summary U.S. Federal Power Marketing Administrations (PMAs) are increasing participation in competitive wholesale electricity markets like SPP and CAISO. Federal hydropower prices remain competitive with regional wholesale prices, though peaking power prices from SWPA and SEPA exceed regional rates. The median 2018 hydropower PPA price was $48.47/MWh, higher than the overall median of $47.61/MWh. Utilities and corporations, including Microsoft, are key off-takers in hydropower PPAs.

JAMES W. BRODERICK PLANT AT PUEBLO DAM In 2011, the Southeastern Colorado Water Conservancy District submitted a proposal to develop hydropower at Pueblo Dam in response to a call for applications by the U.S. Bureau of Reclamation (Reclama...

AI summary The Southeastern Colorado Water Conservancy District developed a 7.01 MW hydropower facility at Pueblo Dam after securing a lease of power privilege (LOPP) from the U.S. Bureau of Reclamation in 2017. The $20.2 million project, 85% funded by a low-interest loan, began operations in 2019 and includes 30-year power purchase agreements (PPAs) with local utilities.

5 MW facility proposed as part of the Lake Powell Pipeline project in Arizona, decided to no longer pursue a hydropower license and only continue with the water supply pipeline portion of the project. At the end of 2019, three PSH faciliti...

AI summary The text outlines the status of U.S. PSH projects, including three licensed facilities (Eagle Mountain, Gordon Butte, Swan Lake) with capacities up to 400 MW. Gordon Butte's construction timeline was extended to 2022, while PPA negotiations remain ongoing. FERC licensed Swan Lake in 2019, and developers secured equity investment but face delays in transmission line authorization.

t to the purchasing utility. Hempling et al. (2010) examine the pathways available to states to implement feed-in tariffs within the constraints of the PURPA of 1978 and the Federal Power Act of 1935. All the feed-in tariffs included in Fi...

AI summary The text compares international feed-in tariff (FiT) mechanisms for small hydropower, noting variations in eligibility criteria, tariff structures, and incentives across jurisdictions like Vermont, Austria, Germany, and Japan. It highlights that Japan and Switzerland offer the strongest incentives due to higher tariff rates for smaller projects.

4.1 Trends in Hydropower Energy Prices The price of hydropower varies significantly by region, energy market structure, and ownership type among other factors. Federal hydropower is sold by PMAs at cost-based rates; nonfederal hydropower,...

AI summary Hydropower energy prices vary by region, market structure, and ownership type. Federal hydropower is sold at cost-based rates by PMAs, while non-federal hydropower uses PPAs, bilateral contracts, or ISO/RTO markets. Revenue differences arise from ancillary services, capacity components, and environmental attributes, necessitating segmented analysis of U.S. hydropower fleet trends.

4.1.2 Hydropower Power Purchase Agreements (PPAs) The median hydropower PPA price has followed a similar trend to wholesale electricity prices in recent years, except in regions with little or no geographic overlap with ISO/RTO markets (No...

AI summary The median hydropower PPA price aligns with wholesale electricity prices except in regions outside ISO/RTO markets, where prices remain higher. PPAs are standard for non-utility hydropower sales, with utilities and emerging entities as off-takers. Footnotes discuss energy imbalance markets, ISO/RTO participation, and BPA's collaboration with CAISO on flexible capacity products for transmission planning.

CORPORATE (AND OTHER NON-UTILITY) PPAS FOR U.S. HYDROPOWER International Renewable Energy Agency (2018) estimates that more than half of the 465 TWh of renewable electricity used by corporations worldwide comes from hydropower which is lar...

AI summary The text discusses the limited role of hydropower in current U.S. corporate PPA trends, contrasting historical industrial reliance on hydropower with recent solar/wind dominance. Examples include Microsoft's 50 MW hydropower agreement with Chelan County and Apple's 2014 acquisition of a 3 MW hydro project for a data center.

ed. For Canadian electricity imported by New York, New York ISO cites higher prices in Canada as well as congestion and outages in transmission links as reasons for reduced Canadian imports in 2018.64 The increasing trend in Canadian impor...

AI summary Reduced Canadian imports in 2018 were due to higher prices, congestion, and outages. Increased imports in the 2020s are expected from new PPAs, including Manitoba Hydro's agreements and Hydro-Québec's deals. Projects like Keeyask and the Romaine complex are key, though the New England Clean Energy Connect faces permitting challenges.

ets necessary for the direct participation in ISO/RTO markets because their primary business has been irrigation, flood control, or other purposes the dam or conduit is meant to fulfill. 106 Third, the "one-mile" rule has also been modifie...

AI summary The text discusses changes to the 'one-mile' rule under Order 872, affecting PURPA eligibility for small hydropower projects by allowing separate facilities within 1–10 miles owned by the same entity. It also notes the extension of federal tax credits for hydropower through 2020 and a proposed PURPA reform bill (H.R. 1502).

PARTIALLY CONFIDENTIAL Decision, 2 1 that, without such an agreement or provision, the Maritime Link Project 2 could not be approved. Applying the test under s. 5(1)(a) of the ML Regulations, 3 the Board concluded that the Maritime Link Pr...

AI summary The Board approved the Maritime Link Project contingent on NSPML securing access to Nalcor's Market-priced Energy. The Energy Access Agreement, filed as a compliance measure, allows NSPML to access at least 1.2 TWh of non-firm energy annually from Nalcor until 2041, based on economic terms rather than guaranteed delivery.

o.com/wp-content/uploads/2024/08/Hydro-Labrador-Island-Link.pdf)[content/uploads/2024/08/Hydro-Labrador-Island-Link.pdf.](https://nlhydro.com/wp-content/uploads/2024/08/Hydro-Labrador-Island-Link.pdf) - affiliate of NSPI, would develop and...

AI summary The Maritime Link project, developed by NSPML (an NSPI affiliate), was approved by the NSEB in 2013 with a 35-year contract for 153 MW of on-peak renewable energy and supplemental off-peak energy. The approval required an additional non-firm energy contract from Muskrat Falls, fulfilled via the Energy Access Agreement between NSPI, NLH, and Emera.

response and cross-answer testimony on Avista's 2024 General Rate Case on behalf of the WUTC Staff. Net power expenses. Impact of carbon emissions policy. Revision to energy recovery mechanism (ERM). Nova Scotia UARB Matter No. M11689, dir...

AI summary Testimony on Nova Scotia Power's rate cases, load forecasts, and energy policies, including revisions to the Energy Recovery Mechanism (ERM), electrification scenarios, and carbon emissions impacts. Involves Nova Scotia UARB matters and Washington UTC docket, addressing fuel adjustment mechanisms, peak demand forecasts, and prudence of power purchase agreements.