1. Medium and Large-Scale Projects Most of the new renewable energy needed to meet 2015 and 2020 goals will come from industrial-scale projects. The Renewable Electricity Plan calls for a minimum of 600 GWh of new medium to large-scale ren...
AI summary The Renewable Electricity Plan outlines the development of medium and large-scale renewable energy projects in Nova Scotia, emphasizing the role of NSPI and independent power producers. Competitive bidding and UARB regulation are both used, with a new Renewable Electricity Administrator managing the process. Sustainability standards apply to forest products projects.
What is it? Medium and large-scale renewable electricity projects will be split evenly between NSPI and IPPs. 600 GWh is allocated to these larger, transmissionlevel connected projects to be split equally between IPPs and NSPI. The reason...
AI summary This text outlines a plan to split medium and large-scale renewable electricity projects between NSPI and IPPs, with 600 GWh allocated for transmission-level projects. The split aims to assess whether a regulated rate-of-return model or competitive bidding delivers better long-term value. The Renewable Electricity Administrator (REA) will manage the bidding process for IPPs and oversee the selection of winning projects.
1. LEARN ABOUT IPP COMPETITIVE BIDDING IN NOVA SCOTIA Although the competitive bidding process has been used in the past for IPP renewable electricity projects, the addition of the REA is new and has changed aspects of the bid process. To...
AI summary The competitive bidding process for IPP renewable electricity projects in Nova Scotia has been updated with the addition of the REA, which has changed aspects of the bid process. More information is available on the Department of Energy's website.