N-1-(i)Application Exhibits
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approach, we expect that the annual 13 expenditure forecast and revenue requirement of the NSIESO will increase over the first three 14 fiscal years reflecting the increasing scope during this period. 15 As part of this Application, the NS...
AI summary The NSIESO is seeking approval from the Nova Scotia Energy Board for its ongoing OM&A expenses forecast of $6.75M, with $5.3M expected to be recovered in rates. The difference is attributed to a provincial grant funding one-time transition costs. The focus is on ongoing expenses, while one-time costs are fully funded by the province and not subject to regulatory approval.
4 B. NSPI Employee Transfers (including IRP consulting costs) ($1.61M) - 5 The NSIESO is forecasting $1.61M in expenses as part of the Transitioned Operations cost - 6 category. These expenses are the portion of NSPI operational costs that...
AI summary The NSIESO is forecasting $1.61M in expenses related to NSPI employee transfers, primarily for system planning functions. These costs, already approved by the Utility and Review Board and recovered in NSPI's rates, do not represent an incremental cost to customers as they are currently funded and continuing functions.
8 a. Regulatory Proceedings and Assessments: These costs include the legal support to 9 prepare and to participate in regulatory proceedings before the Nova Scotia Energy Board 10 during the forecast period and includes an estimate of the...
AI summary The text outlines costs related to regulatory proceedings and legal compliance for the Nova Scotia Energy Board and NSIESO. It includes legal support for regulatory applications, such as revenue requirement filings and capital expenditure approvals, as well as legal advice for compliance with agreements. The More Access to Energy Act permits the Energy Board to assess expenses against the NSIESO, which are recoverable through its rates.
N-5NSIESO (Doane Grant Thornton) RIR 1 to 37 - Redacted
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Grouping: Employees & Recruitment (Administration) - "Salaries and W ESTIMATED 2025/2026 Regulatory Consultation 2,000 2,000 Sociaeconomic Impact Assessment 1,500 1,500 NSECC EA Report Drawings/Geomatics 25,000 16,000 2,286 2,286 2,286 2,2...
AI summary The text presents a table with various costs and activities related to regulatory consultation, socioeconomic impact assessments, project management, and legal and geotechnical activities for a project in Nova Scotia. It includes estimated costs for different tasks and phases, such as legal consultations, geotechnical field programs, and interconnection requests.
- application of the recently constituted Nova Scotia Independent Energy System Operator (the - "NSIESO"), which is for the test period ending March 31, 2026"; and, Exhibit A-1 (page 3 of 36, - line 10)…"The NSIESO is a not-for-profit corp...
AI summary The document raises a question about whether the Nova Scotia Independent Energy System Operator (NSIESO) incurred costs prior to the test period (October 2024 to March 2025) that were not included in its forecasted amounts, requesting detailed information on actual costs incurred up until the start of the test period.
NON-CONFIDENTIAL 1 Request IR - 4 2 Reference: Exhibit B-1 (page 13 of 36, lines 1-4) "the NSIESO prepared its forecast using a 3 bottom-up approach. The forecasting was informed by information that includes an 4 organizational workplan id...
AI summary The NSIESO used a bottom-up forecasting methodology informed by industry experts and an organizational workplan embedded in forecast assumptions. The workplan was not created separately. This relates to forecasting methodology and regulatory processes.
IN WITNESS WHEREOF the parties have executed this Agreement to be effective as of the day and year first above written. in the presence of HIS MAJESTY THE KING IN RIGHT OF THE PROVINCE OF NOVA SCOTIA Bandon Witness Honorable Trevor Boudrea...
AI summary The document is a formal agreement executed by the Province of Nova Scotia and the Nova Scotia Independent Energy System Operator (IESO), with witnesses present. It outlines the transition of work in progress, though specific details are not provided in the excerpt.
To the Province: Nova Scotia Department of Energy Joseph Howe Building, 10th Floor, 1690 Hollis Street, P.O. Box 2664. Halifax, Nova Scotia B3J 3P7 To the IESO: NS Independent Energy System Operator PO Box 1146 Halifax PO Central, Nova Sco...
AI summary This document outlines the terms and conditions of an agreement between the Province of Nova Scotia and the IESO, focusing on legal provisions such as survival of terms, successors, remedies, and waivers. It also includes clauses on due authorization, delivery, and conflict resolution.
STARTUP PHASE: The IESO is expected to immediately undertake key activities that support the establishment of the IESO organization and prepare for operational responsibilities. The startup phase will include: - securing service providers...
AI summary The IESO is entering the startup phase, which involves securing service providers, establishing governance, registering as a not-for-profit, recruiting leadership, and preparing for operational responsibilities, including working with NS Power and engaging stakeholders.
Response IR – 21 - a) We do not have a specific breakdown of the portion of the costs that may be allocable to - Intervenors. Energy Board staff provided a global estimate of approximately $200,000 - for a full regulatory proceeding, inclu...
AI summary The response provides a global estimate of approximately $200,000 for a full regulatory proceeding, including costs for intervenors to participate. No specific breakdown of allocable costs is provided.
N-10Evidence of Doane Grant Thornton
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- 4 Figure 1 Summary of findings, observations and conclusions # Section title Findings, observations, and conclusions • Finally, as demonstrated by jurisdictional research, it is important to have specific guidelines surrounding regulator...
AI summary The text emphasizes the need for specific guidelines regarding regulatory approval, scope, eligibility requirements, and time limits for deferral accounts, recommending that account scoping details be defined and communicated for review at the end of the first fiscal period.
8 Operator as a separate entity as of October 1, 2013. The majority of the operations of the system operator were Nova Scotia Energy Board Board Matter - M12412 – An Application by the Nova Scotia Independent Energy System Operator - 1 fol...
AI summary The document discusses the integration of the Nova Scotia Independent Energy System Operator (NSIESO) into New Brunswick Power operations, with the Nova Scotia Energy Board (NSEB) assuming responsibility for ensuring reliability standards. The analysis considers practices from various ISOs across Canada.
4 Role Responsibilities President & CEO Leads the IESO and oversees strategic direction, reliability, innovation, and stakeholder engagement. Chief Operating Officer & EVP, Markets & Reliability Real-time system operations, market administ...
AI summary The document outlines the executive team structure of the Independent Electricity System Operator (IESO), including roles and responsibilities. It also references a section on the governance of the IESO, specifically the board of directors.
- 15 thresholds have been detailed below: FVDA features and thresholds Detail16 Operating Reserve Level Maintained at $10 million within the FVDA. Threshold for Rebates If the FVDA balance exceeds $15 million, the excess is rebated to mark...
AI summary The document outlines 15 thresholds related to the FVDA, including maintaining a minimum balance, rebate mechanisms, and procedures for deficit contingency and ministerial approval. These thresholds ensure proper financial management and transparency in the energy sector.
Appendix C – Documents referenced Number corresponding to footnote Document 1 New Brunswick Energy and Utilities Board – Electricity - Acts and Regulations - https://nbeub.ca/electricity home. Accessed October 8, 2025. 2 Independent Electr...
AI summary Appendix C lists documents referenced in the proceeding, including regulatory acts, annual reports from electricity system operators, and other relevant resources. These documents are cited with specific page numbers and access dates, providing context for the proceeding.
101053Board Decision
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- [1] On April 5, 2024, the Legislature passed the More Access to Energy Act , SNS 2024, c 2, Schedule B, establishing the new Nova Scotia Independent Energy System Operator (IESO Nova Scotia or IESO). Amongst other roles, this will result...
AI summary The More Access to Energy Act established IESO Nova Scotia, which applied for approval of its initial expenditure and revenue requirement. The application includes OM&A expenses and the establishment of a deferral account. The Act allows cost recovery from ratepayers, and IESO proposed deferring the rate recovery mechanism to a later application.
4.0 SUMMARY OF FINDINGS [87] The Board approves IESO Nova Scotia's proposed expenditure and revenue requirement for its initial test year ending March 31, 2026. For the initial test year, this approved amount is $6,751,287, with a net amou...
AI summary The Board approves IESO Nova Scotia's expenditure and revenue requirement for the initial test year ending March 31, 2026, at a net amount of $5,306,824 after provincial funding. It also sets requirements for future applications, including financial controls, formal support for assumptions, historical financial data, and engagement with Indigenous groups. The IESO is directed to address specific issues in its integrated resource planning, including modeling scenarios and emissions costs, and to provide quarterly reports on its transition from NS Power.