Topic:"Regulatory Approval Processes" in M12883

NS Power Affiliate Code of Conduct 2025 Report REDACTED 1 1.0 INTRODUCTION 2 3 In December 2019, following an extensive review process, the Nova Scotia Utility and Review 4 Board (as of April 1, 2025 referred to as the Nova Scotia Energy B...

AI summary The 2025 Annual Affiliate Code Report outlines NS Power's compliance with the 2020 Affiliate Code and updated Cost Allocation Manual (CAM). The report highlights transparency in affiliate transactions, regulatory oversight by the Nova Scotia Energy Board (NSEB), and mandatory training programs for employees. Revised CAM documents (M10571, M11107) were approved in 2022 and 2024, respectively.

1 2.0 OVERVIEW OF TRANSACTIONS WITH NSPEMI 2 3 NSPEMI was set up so that NS Power could purchase natural gas and electricity in the U.S. without 4 having to engage a third party (or Emera Energy) to facilitate U.Sbased transactions. Using...

AI summary NSPEMI is a 100% NS Power-owned subsidiary that facilitates U.S.-based transactions for NS Power, eliminating the need for third-party involvement. It does not have employees or retain income, with costs passed through to NS Power. Transactions are subject to a pricing exception approved by the Board in M08911. In 2025, NSPEMI sold natural gas for NS Power and purchased electricity and natural gas for NS Power, with detailed transactions listed in appendices.

NS Power Affiliate Code of Conduct 2025 Report REDACTED - 1 in 2024), partially offset by higher Corporate Transactions ($1.7 million higher than in 2024) and - 2 higher Flow Through transactions ($2.2 million higher than in 2024). There a...

AI summary The 2025 report notes a $1.7 million increase in Corporate Transactions and a $2.2 million rise in Flow Through transactions compared to 2024. Utility Financing charges are not reported in 2025 as Part VI.1 tax transfer transactions are now classified as non-regulated charges in Appendix D(15).

Appendix C 2025 Utility Performance Report Category Measure 2025 2024 2023 Notes Feb-25 Brooklyn Power Corp. Feb-25 Brooklyn Power Corp. 2P-10 1S-10 2P 1S Power Purchase BPC Power Bill Purchase Sale FMV Pricing Exception details, see Refer...

AI summary The document presents a 2025 Utility Performance Report, including various allocation and pricing exceptions related to Brooklyn Power Corp. and references to the Cost Allocation Manual (CAM) for details on service allocations and pricing exceptions.

Date Nova Scotia Power Energy Marketing Inc. (NSPEMI) Jan-25 Nova Scotia Power Energy Marketing Inc. (INSPEMI) 1S-25 1S NG Sale Sale Pricing Exception Mar-25 Nova Scotia Power Energy Marketing Inc. (INSPEMI) 2P-48 2P NG Purchase Purchase P...

AI summary The document details two transactions involving Nova Scotia Power Energy Marketing Inc. (NSPEMI) in January and March 2025, both involving pricing exceptions approved by the NSEB under reference M08911. These transactions use a flow-through pricing protocol based on market prices.

2025 Affiliate Code of Conduct Report Appendix H Page 2 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Code Sections NS Power Employee Guidance 3.4 Notification of Changes to Affiliates In addition to its annual compliance requirements...

AI summary This document outlines NS Power's obligations under Section 3.4 of the Code regarding the notification of changes to affiliates. NS Power must inform the UARB of any new or acquired affiliates within 30 days and provide quarterly updates on its list of affiliates. These updates are filed with the NSEB and included in the Annual Report.

2025 Affiliate Code of Conduct Report Appendix H Page 20 of 35 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Code Sections NS Power Employee Guidance

AI summary The document is a redacted section of the 2025 Affiliate Code of Conduct Report, focusing on Code Sections and NS Power Employee Guidance. It appears to be part of a regulatory proceeding involving Nova Scotia Power and its affiliate management practices.

Description of why the Affiliate Transaction was the best available option for NS Power's customers at the time (Explain, in detail, why this Affiliate Transaction was the best option for NS Power. Reference Code section 6.2.1(a) and descr...

AI summary The document requests an explanation of why the Affiliate Transaction was the best option for NS Power's customers, referencing Code section 6.2.1(a). It prompts a detailed analysis of how the transaction met regulatory requirements but does not provide specific arguments or evidence.

ELT signature attesting to sufficiency of data gathering and analysis (Where an individual Affiliate Transaction is $100,000 or greater, it shall be reviewed and signed by a member of NS Power's ELT confirming approval of transaction decis...

AI summary The document outlines a requirement for NS Power's Executive Leadership Team (ELT) to review and approve Affiliate Transactions exceeding $100,000, ensuring the sufficiency of data gathering and analysis supporting such decisions.

ELT signature attesting to sufficiency of data gathering and analysis (Where an individual Affiliate Transaction is $100,000 or greater, it shall be reviewed and signed by a member of NS Power's ELT confirming approval of transaction decis...

AI summary The document outlines a requirement for NS Power's Executive Leadership Team (ELT) to review and approve Affiliate Transactions exceeding $100,000, ensuring the sufficiency of data gathering and analysis supporting such decisions.

Brooklyn Power Corporation Charges to NS Power Under the Renewable Electricity Regulations In 2023, NS Power applied to the NSUARB for approval of an exemption from the requirements of the 2020 Affiliate Code of Conduct to permit dispatcha...

AI summary In 2023, NS Power sought and received approval from the NSUARB to exempt itself from the 2020 Affiliate Code of Conduct, enabling purchases of dispatchable renewable electricity from Brooklyn Power under revised Renewable Electricity Regulations effective December 2022. The exemption, granted via decision M11203, relieved NS Power of obligations under Sections 6.2 and 7.1.2 of the Affiliate Code.

Document Description Reason for Confidentiality Appendix D and D(0) Partially Appendix D and Appendix D(0) contain a Confidential listing of each commodity transaction undertaken in 2025, including prices paid. Contract and commodity prici...

AI summary The document discusses the confidentiality of Appendix D and related appendices, which contain commodity transaction prices and customer billing information. NS Power requests approval for confidential treatment of these items under Rule 12, citing competitive disadvantages and commercial sensitivity.

- 6. Where a reference to Designated Confidential Information is required in pre-filed testimony, briefs, other legal documents or arguments, such reference shall be by citation of title or exhibit number only or by some other non-confiden...

AI summary The text outlines procedures for handling Designated Confidential Information in regulatory proceedings, including requirements for referencing such information in filings, confidentiality protections during Board deliberations, and post-decision handling of confidential materials. It emphasizes the Board's role in managing confidentiality and the obligations of parties to return or destroy such information.

August 10, 2026 [[email protected]](mailto:[email protected]) Kathleen Murray Regulatory Counsel Nova Scotia Power Incorporated PO Box 910 1223 Lower Water Street Halifax, NS B3J 3S8 Dear Ms. Murray: M12883 – Nova Scotia...

AI summary The Board has approved the Confidential Undertaking for the Affiliate Code of Conduct Report for 2025 by Nova Scotia Power Incorporated. A timetable has been set for the filing of information requests, responses, and comments from interested parties.

- a) Please explain what is meant by WAM in this report and for IT versus other capital work streams that may be involved. - b) Based on this extraction from Appendix G, is it reasonable to infer that NS Power relinquished significant expe...

AI summary The text outlines a series of questions regarding the transfer of employees and roles between NS Power and EMA, specifically focusing on IT WAM, cybersecurity, and the implications of these transfers on expertise and project management.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: AN APPLICATION by NOVA SCOTIA POWER INCORPORATED for the Affiliate Code of Conduct Report for 2025 INFORMATION REQUESTS To: Nova Scotia Power Inc...

AI summary The Nova Scotia Energy Board has issued an information request to Nova Scotia Power Incorporated regarding the Affiliate Code of Conduct Report for 2025. Responses are due by September 14, 2026, and the request was issued on August 24, 2026.

September 8, 2026 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: M12883 – 2025 NS Power Affiliate Code of Conduct IR Extension Request Dear Ms. Henwood: Nova Scotia Po...

AI summary NS Power has requested an extension to the due date for responding to information requests related to the 2025 NS Power Affiliate Code of Conduct IR Extension Request, citing resource constraints. The original due date was September 14, 2026, and the requested extension is to October 5, 2026.