Topic:"Prudence Reviews" in M12696

NSPML Responses to Industrial Group Information Requests 1 ~$1.7 billion Maritime Link and NLH for $13+ billion in remaining assets. Given 2 performance since LIL commissioning, NSPML believes it is appropriate for 3 oversight to return to...

AI summary NSPML discusses the need for a return to traditional asset management practices and clarifies its interpretation of the Board's 10 percent threshold, emphasizing that it was not intended as a continual obligation. The document also references outages and deferred energy related to planned outages and Make-up Energy deliveries.

NON-CONFIDENTIAL 1 made by qualified engineers as part of that approved design, and Ms. Powers is not aware 2 of any finding by a regulatory body, independent engineer, or other authority that the 3 approved design criteria were inconsiste...

AI summary Ms. Powers asserts that the Labrador Island Link's design criteria were consistent with good utility practice, emphasizing rigorous engineering standards and regulatory oversight rather than individual weather events. She disputes claims of a 'climate severity limitation' and argues that climate awareness did not necessitate revised design criteria.

ble approaches while adhering to industry regulations and sound business practices. Planned outages for maintenance of complex assets are inherently part of good utility practice, but not every outage automatically qualifies. Regarding exc...

AI summary The document discusses the definition of 'good utility practice' and 'exceptional circumstances' in the context of planned outages. NSPML argues that established definitions from industry regulations and regulatory bodies should be used, emphasizing an objective 'reasonable person' test rather than a subjective one. It also clarifies that force majeure is not the standard for exceptional circumstances.

RELIEF FROM THE THRESHOLD REQUIREMENTS IS NOT WARRANTED The Board has allowed for a degree of flexibility for NSPML to meet the stated threshold obligations, to address the need for some margin of interruption that is " required due to goo...

AI summary The Board has not granted relief from threshold requirements for NSPML, emphasizing that relief is discretionary and must be justified by good utility practice or exceptional circumstances. The burden of proof was not met, and the evidence did not support the need for such relief.

ble approaches while adhering to industry regulations and sound business practices. Planned outages for maintenance of complex assets are inherently part of good utility practice, but not every outage automatically qualifies. Regarding exc...

AI summary The document discusses the definitions of 'good utility practice' and 'exceptional circumstances' in the context of planned outages and regulatory standards. NSPML refers to established definitions from industry regulations and legal frameworks, emphasizing the use of an objective 'reasonable person' test rather than a subjective one. It also clarifies that 'force majeure' is not the standard for determining exceptional circumstances.