Topic:"Rate Base" in M10504

Attachment 2 NS Power Responses to Stakeholder Comments Theme Stakeholder Comment NS Power Response process for stakeholder review, workshop discussion, and written comment, and help ensure that there are no further delays beyond the end o...

AI summary NS Power responds to stakeholder comments regarding the process for stakeholder review, workshop discussion, and written comment, aiming to avoid delays beyond the end of 2022. NS Power also addresses assumptions related to the Rate Base Procurement program being incorporated into the evergreen model.

Wind Procurement Strategy Action Plan Item 3d The 2022 focus for the Wind Procurement Strategy included the following components: - Support of the Provincial Rate Base Procurement (RBP) program including the completion of Interconnection F...

AI summary The 2022 Wind Procurement Strategy focused on supporting the Provincial Rate Base Procurement (RBP) program and progressing NS Power ECEIwind projects, including the completion of Interconnection Feasibility Studies.

Nova Scotia Rate Base Procurement On July 9, 2021, the Province of Nova Scotia announced the 'Rate Base Procurement' program to acquire low-cost renewable generation to serve Nova Scotia Power customers. Procurement parametersinclude the f...

AI summary Nova Scotia launched the Rate Base Procurement program in 2021 to acquire renewable energy for Nova Scotia Power customers. The program targets 1100 GWh of renewable energy from projects up to 100 MW, with a deadline of December 31, 2025. In 2022, the RBP portfolio included 5 wind projects totaling 372 MW, with an average energy rate of $53.17 CAD/MWh.

PLANNING ENVIRONMENT CHANGES RATE CAP LEGISLATION - NS Power was engaged in a General Rate Application (GRA) overthe course of 2022 - The Province passed legislationto limitthe increase in electricity rates - Thislegislation(Bill 212) has...

AI summary NS Power's General Rate Application (GRA) in 2022 was affected by Bill 212, which limits electricity rate increases. This legislation has created uncertainty around ECEI investments, including the Atlantic Loop, which have been put on hold. These investments, previously included in the IRP assumptions, will not be fixed in the next modeling round.