Topic:"Prudency Reviews" in M12665

cuted by NS Power and NSPEMI for the period under review for prudency and for compliance with the Fuel Manual - Review of NS Power's use of hedging to appropriate accounting and performance standards - Review of system sales - Review of in...

AI summary The FAM Audit Scope outlines the review of NS Power and NSPEMI's activities, including prudency and compliance with the Fuel Manual, use of hedging, system sales, and audit reports on fuel procurement. It also includes a follow-up on NSPI's response to 2020-2021 FAM Audit recommendations.

cludes ongoing access to specialized parts, service capabilities, spare engines, and technical expertise that are critical to maintaining the reliability of NS Power's legacy combustion turbine fleet. When we requested NSPI's estimate of t...

AI summary The document discusses the maintenance and reliability of NS Power's legacy combustion turbine fleet, including the use of a leased engine to avoid displacement of generation to higher-cost resources. It also highlights the need for NSPI to confirm whether incremental FAM costs were incurred during an outage and to refund them if so. NSPI is conducting third-party audits to evaluate vendor refurbishment practices.

ecommendation that NSPI reconcile this difference. (Recommendation X-7) Conclusion X-34: NSPI's opacity exceedances during the Audit Period increased to 120 from 51 in the prior Audit Period. Conclusion X-35: NSPI received 40.5 percent and...

AI summary NSPI faced increased opacity exceedances and met RES targets through REC purchases. It also settled a breach of contract claim with Nordex related to South Canoe. The recommendation for NSPI to reconcile a difference was noted.

due to the inability of the PortOps model to converge, - iii. Calculation of costs/benefits would be highly dependent on assumptions, if load rebalancing post deviation is required for the analysis, - iv. Costs associated with the initial...

AI summary The document discusses challenges in calculating costs and benefits related to load rebalancing and dispatch decisions due to limitations in the PortOps model and lack of logged deviation data. It also highlights the inability to quantify load shifting benefits for real-time ADC and the potential for net costs from real-time load deviations.