Topic:"Rate Base" in M12959

LIN2 2025/26 Capacity Requirement project was necessary to provide firm capacity for the 2025/26 fall and winter season. Accordingly, the Board approves the project in the final amount of $4,392,251. The Board considers LIN2 to present a u...

AI summary The Board approved the LIN2 2025/26 Capacity Requirement project for $4,392,251, acknowledging the unique circumstances surrounding LIN2's role in ensuring adequate planning reserve margin during the winter. However, the Board emphasized the need for ongoing oversight of LIN2's expenses due to its impending retirement and the dynamic nature of future capacity requirements.

3rd Floor, 1601 Lower Water Street TEL 902-424-1332 Halifax, Nova Scotia B3J 3P6 Mailing Address PO Box 1692, Unit M Halifax, Nova Scotia B3J 3S3 FAX 902-424-3919 TF [1-833-809-0040](mailto:[email protected]) [email protected] nserbt.c...

AI summary Nova Scotia Power Inc. (NS Power) has requested approval for a $4,392,251 capital expenditure to refurbish Lingan Unit 2 (LIN2) for winter capacity needs through 2025 into winter 2026. The Board reviewed the application and approved a confidentiality request related to the information request.