Topic:"Regulatory Approval Processes" in M13007

2. INTRODUCTION 2 IESO Nova Scotia is the recently established independent system operator for Nova Scotia, taking 3 over the system planning, energy resource procurement, and interconnection functions of NSPI. 4 Currently, IESO Nova Scoti...

AI summary IESO Nova Scotia, the independent system operator for Nova Scotia, is seeking temporary financial relief while developing a permanent fee and cost recovery mechanism. It plans to submit this mechanism for NSEB approval by Q2 2026 and recover its remaining revenue requirement from March 2027, the end of its 2026/2027 fiscal year.

1 IESO Nova Scotia has conducted a thorough regulatory stakeholder engagement process during 2 the various stages of the fee recovery mechanism's development, as outlined in IESO Nova 3 Scotia's progress update letter to the NSEB on July 6...

AI summary IESO Nova Scotia has conducted stakeholder engagement during the development of a fee recovery mechanism and seeks Board approval to replace the temporary fee mechanism. The mechanism involves calculating fees based on a methodology and seeking annual approval for future fees and adjustments. The Maritime Electric Act (MAEA) does not specify how fees should be calculated or charged.

1 Figure 3 – ISO Core Costs Flow Chart 2 - Source: FTI Consulting Analysis.[6](#page-10-0) 3 - 4 Notes: DTS = Demand Transmission Service, BSUoS = Balancing Services Use of System, - 5 GMC = Grid Management Charge, NEM National Electricity...

AI summary Figure 3 presents an ISO Core Costs Flow Chart, which outlines the flow of costs within the energy system. The chart is based on FTI Consulting's analysis and includes notes on terms such as DTS, BSUoS, and GMC. The research conducted by FTI has influenced the design of the Proposed Mechanism.

6 Amended from FTI report to suit the purpose of this application, but otherwise based on the FTI report information and graphics. 1 In IESO Nova Scotia's case, the process through which it determines its revenue requirement to 2 recover c...

AI summary The document outlines the process by which IESO Nova Scotia determines its revenue requirement through an application to the Board under the Maritime Electric Act. The proposed fees are based on the Board-approved revenue requirement and will be adjusted according to the Board's final decision on the 2026/27 revenue requirement application.

Figure 7 – Options Evaluation 3 Source: FTI Analysis. IESO Nova Scotia has not yet transitioned to 'Phase 2' operation functions, meaning that it does not yet have operational control of the grid nor ownership of the OATT until certain sec...

AI summary IESO Nova Scotia has not transitioned to 'Phase 2' operations and therefore cannot implement certain methodologies independent of the OATT or NSPI. It will reassess its fee recovery mechanism once it reaches Phase 2 steady state operations.

The Proposed Mechanism allows for minimal set-up costs because it allows for an initial filing for a relatively straightforward application using straightforward allocation methods (annual load) and 1 clearly defined market participants (L...

AI summary The Proposed Mechanism offers minimal set-up costs due to straightforward application processes and defined market participants. However, it highlights concerns about revenue stability when compared to the OATT process, which may lead to under- or over-recovery due to budget variances. Economic principles suggest that cost allocation for inseparable ISO core costs should minimize distortions.

1 Figure 9 – Revenue Requirement True-Up Example Source: FTI Analysis.[13](#page-29-0) 3 2 5 11 4 Notes: (1) Year 2 is not shown as it is not relevant to the Year 1 true-up. 6 The example above contemplates under-recovery of revenue requir...

AI summary The document presents two options for revenue requirement true-up, with a focus on Option 2, which allows for earlier refunds or recovery of over- or under-recovered amounts by using a compliance filing process. This approach reduces carrying costs and benefits market participants and ratepayers sooner.

e requirement that remain to be collected have been calculated. The Fee - 21 Calculation Model determined the remaining fees proposed to be collected from LSEs based on - 22 the following assumptions: - NSEB approval of IESO Nova Scotia's...

AI summary The document outlines the calculation of remaining revenue requirement fees for LSEs based on assumptions including NSEB approval of IESO Nova Scotia's revenue requirement, interim payments from NSPI, and future true-up options for variances. It references a fee calculation model and provides sample charges for specific entities.

- Town of Mahone Bay = $6,776 1 • Town of Antigonish = $41,929 2 3 3. An effective date of December 1, 2026, or as soon as the Board's decision may reasonably 4 permit, and an end date of March 31, 2027; and 5 4. The proposed regulatory ap...

AI summary The document outlines a regulatory approach for annual approval of fees, revenue true ups, and load allocation adjustments by IESO Nova Scotia under the Maritime Electric Act. It specifies an effective date of December 1, 2026, and an end date of March 31, 2027, with continuation of fees post-March 31, 2027, if NSEB approval is not received.

- the course of the proceeding, at the request of IESO Nova Scotia or as directed by the Board in its - Decision, such as the timing of the effective date or end date of fee payments, then a compliance - filing with a recalculation will ad...

AI summary The proceeding involves IESO Nova Scotia requesting adjustments to fee payments, with the NSEB potentially declining the relief sought. The Board's decision may influence the timing and effective dates of these adjustments, as outlined in the MAEA.

Note: (1) The AESO also has specific service charges, charged on a per service basis and do not vary by market participant/TO; (2) The number of charges refers to the number of separate tariffs used to recover costs applicable to IESO Nova...

AI summary The text discusses grid charges and incentive-based regulation of Transmission Network Service Providers (TNSPs) in Australia, referencing a 2022 determination by the Australian Energy Regulator (AER) that aims to minimize costs passed on to consumers through AEMO's participant fees.

Step 1: Determination of revenue requirement The process begins with the ISO forecasting its revenue requirement for its Core Costs over the period of assessment, which is the revenue that it must recover through its tariffs and charges to...

AI summary The determination of revenue requirement begins with the ISO forecasting its Core Costs over the assessment period, which must be recovered through tariffs and charges. In Ontario, the IESO prepares a 3-year business plan approved by the Ontario Energy Board, while in Alberta, the AESO Board of Directors approves it internally.

Step 3: Set ISO tariff rates Tariff rates are generally not set by the ISO directly. For all the ISOs benchmarked, the tariff methodology and the tariff rates for each period are calculated and proposed by the ISO, but require approval fro...

AI summary Tariff rates are not set directly by the ISO. Instead, the ISO calculates and proposes the methodology and rates, which require regulatory approval.

1.Introduction Nova Scotia Independent Energy System Operator ("IESO NS" or the "IESO") was recently established as the independent system operator ("ISO") of Nova Scotia, taking over the system planning and procurement functions of the in...

AI summary The IESO NS, newly established as Nova Scotia's independent system operator, needs an enduring mechanism to recover its Core Costs. FTI Consulting has been engaged to recommend a long-term solution, considering cross-jurisdictional benchmarks and existing arrangements in Nova Scotia. Four potential mechanisms are proposed, including introducing a new schedule in the OATT, embedding costs in the transmission revenue requirement, introducing a Direct Charge, or a direct fee to NSP.

Step 1 Considerations for Nova Scotia The determination process of the IESO revenue requirement, and relevant regulatory approval is already prescribed in the More Access to Energy Ac t, SNS 2024, c 2, Sch B, (the "Act") . This determines...

AI summary The document outlines the process for determining the IESO's revenue requirement under the More Access to Energy Act, requiring submission 90 days before each fiscal year and approval by the Nova Scotia Energy Board. Until approval, previous year fees remain in effect.

Table 1: Number of Core Costs charges by ISO and format by market participant ISO Number of charges1 Load (LSE and Tx connected load)2 Generation Intertie traders Charge type General Varies Energy consumption (sometimes includes fixed fees...

AI summary Table 1 outlines the number of Core Costs charges by various ISOs and the formats used by market participants. It notes differences in how ISOs recover costs, such as through energy consumption, fixed fees, or integrated charges. A 2022 determination by the Australian Energy Regulator highlights incentive-based regulation for TNSPs related to AEMO's participant fees.

NOVA SCOTIA ENERGY BOARD NOTICE OF PAPER HEARING The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) applied to the Nova Scotia Energy Board on July 31, 2026, for approval of a fee recovery mechanism and corresponding...

AI summary The Nova Scotia Energy Board is considering a fee recovery mechanism proposed by IESO Nova Scotia to recover its revenue requirement from market participants. The current interim fees, approved under Interim Order M12663, will be replaced. The Board invites public comments and requests for intervenor status.

Mark 1. In the jurisdictional scan, did FTI Consulting note what occurred in the event that an IESO incurred costs that were later deemed imprudent or where an overspend occurred that was not subsequently approved by the Board? FTI has not...

AI summary The text discusses questions raised during a regulatory proceeding regarding the IESO's cost recovery mechanisms, rate design, and stakeholder engagement. FTI Consulting's responses indicate that certain aspects, such as the impact of overspending and rate design considerations, will be addressed in their fee recovery mechanism recommendation.

WHEREAS - A. The Nova Scotia Independent Energy System Operator (IESO NS), along with [PARTIES TO SETTLEMENT], (collectively the "Stakeholders", who along with IESO NS are referred to herein as the "Parties") have engaged in a collaborativ...

AI summary The Nova Scotia Independent Energy System Operator (IESO NS) and stakeholders have reached a consensus on a cost recovery mechanism through collaborative meetings and the submission of a Draft Fee Recovery Application, which includes a report and fee calculation model from FTI Consulting.

Terms of Settlement IESO Fee Recovery Settlement Terms Co t A l lo t io s ca n b le bu i is ha is t t t t re as on a co nc er n, on e i f c io d be ts t tw un ne ce ss ar y os a re a p p or ne ee n ke ic ip d ho he t p t ts t ts t m ar ar...

AI summary The document outlines the terms of a settlement related to IESO fee recovery. It discusses the proposed recovery mechanism and the involvement of NSP I in the process, though the text is incomplete and contains fragmented or garbled content.

Nova Scotia Independent Energy System Operator (IESO Nova Scotia) Responses to Nova Scotia Energy Board (NSEB) Information Requests - 21 amongst the ISO study group, and IESO Nova Scotia's Application is not proposing to charge TOs - 22 fe...

AI summary IESO Nova Scotia responds to information requests from the NSEB, clarifying that its application does not propose charging Transmission Owners (TOs) fees outside of existing Load Serving Entities (LSEs) in Nova Scotia.

- is not included as a market participant under its Proposed Mechanism because it currently takes - fully bundled service from Nova Scotia Power and is not currently registered as an accredited - market participant. - a) Given that the Tow...

AI summary The Town of Lunenburg is classified as a 'wholesale customer' under the Electricity Act, raising questions about why it is treated differently from other municipal utilities. The inquiry also asks if the IESO Nova Scotia has discussed this classification with the Town and whether the Town expressed any concerns.

Nova Scotia Independent Energy System Operator (IESO Nova Scotia) Responses to Nova Scotia Energy Board (NSEB) Information Requests 1 Request IR - 6 2 Reference: Footnote 9 on pg.15 - IESO Nova Scotia notes that nothing is proposed to be c...

AI summary IESO Nova Scotia responds to information requests from the NSEB, noting that no charges are proposed to be applied to the Renewable to Retail Licensed. The context involves regulatory proceedings related to energy systems and licensing.

NON-CONFIDENTIAL Nova Scotia additionally notes that its request in this manner is simply a function of the timing of this one-time Application for the underlying fee recovery mechanism, and expects that all related fees approval requests...

AI summary Nova Scotia notes that its request is tied to the timing of a one-time application for fee recovery and expects future fees to be consolidated into annual applications. IESO Nova Scotia acknowledges that NSEB proceedings take six months or more and estimates that submitting the 2027/2028 application before or after December 1, 2026, would not result in a decision before March 31, 2026, as required by Section 29(3) of the MAEA.

37 Figures 10 and 11 provided as follows: 38 Nova Scotia Independent Energy System Operator (IESO Nova Scotia) Responses to Nova Scotia Energy Board (NSEB) Information Requests

AI summary The document presents responses from the Nova Scotia Independent Energy System Operator (IESO Nova Scotia) to information requests from the Nova Scotia Energy Board (NSEB). The context involves regulatory proceedings and the exchange of information related to energy system operations.

Request IR - 4 Nova Scotia Independent Energy System Operator (IESO Nova Scotia) Responses to Small Business Advocate (SBA) Information Requests - 13 14 a) Please provide a current list of the entities that IESO-NS serves in each of the ca...

AI summary The document is a request for information from the Nova Scotia Independent Energy System Operator (IESO-NS) by the Small Business Advocate (SBA), asking for details about the entities IESO-NS serves, specific market participant categories, and the legal framework allowing wheeling and procurement options under the More Access to Energy Act.

IESO Nova Scotia is the recently established independent system operator for Nova Scotia.[1](#page-5-1) Under Phase 1 of the transition contemplated by the More Access to Energy Act ("MAEA"), IESO Nova Scotia has assumed the system plannin...

AI summary IESO Nova Scotia, the new independent system operator, has assumed system planning and procurement functions from NS Power but does not yet control the transmission grid. It currently recovers revenue through temporary fees charged to NS Power, approved by the NSEB in Matter M12663, and plans to submit a permanent fee recovery mechanism in 2026.

er 2026 to March 2027. The charges total approximately $2.66 million per month, of which approximately $2.59 million would be payable by NS Power, with the remainder allocated among the four municipal 1 IESO Nova Scotia was established by...

AI summary The document outlines the establishment of IESO Nova Scotia under the More Access to Energy Act and references several regulatory proceedings related to fee recovery and revenue requirements. It includes details on charges, parties involved, and documents filed in these matters.

The application is supported by three expert submissions: Appendix 1, a jurisdictional scan by FTI Consulting LLP ("FTI") of ISO fee recovery mechanisms in other North American jurisdictions; Appendix 2, FTI's recommendation report, which...

AI summary The application for a fee recovery mechanism is supported by expert submissions from FTI Consulting LLP and Power Advisory LLC. IESO Nova Scotia engaged stakeholders during the proposal development. LEI has reviewed the application and will assess its key elements in Section 5.

4 IESO Nova Scotia's current mandate and potential evolution IESO Nova Scotia was established under the MAEA, which provides for the transfer of system operator functions from NS Power to an independent system operator in phases, with the...

AI summary IESO Nova Scotia was established under the More Access to Energy Act (MAEA), which transfers system operator functions from NS Power to an independent operator in phases. The IESO applies to the NSEB for approval of its revenue requirement and fees, though the MAEA does not specify how these fees are calculated or charged.

4.1 Statutory mandate under the MAEA The MAEA's purposes include increasing competition and innovation in the energy sector, ensuring a reliable and economical energy supply, providing for competitive procurement of new resources, and prov...

AI summary The text discusses the statutory mandate under the More Access to Energy Act (MAEA), outlining the IESO's responsibilities in planning, system operation, and market facilitation. It also explains the two cost recovery pathways for IESO Nova Scotia, including the submission of revenue requirements to the NSEB and the recovery of energy resource supply contract costs through a mechanism established by the NSEB.

4.2 Current mandate under Phase 1 Under Phase 1, which is currently in effect, IESO Nova Scotia is responsible for system planning, energy resource procurement, and interconnection functions. Responsibility for system operation and dispatc...

AI summary Under Phase 1, IESO Nova Scotia manages system planning, energy procurement, and interconnection, while NS Power retains system operation and OATT ownership. These responsibilities will transfer to IESO Nova Scotia under Phase 2 once the MAEA is proclaimed, though some provisions remain unproclaimed.

4.3 Potential evolution under Phase 2 The MAEA fixes no date for proclaiming the Phase 2 provisions, which come into force only upon proclamation by the Governor in Council. It does, however, require that any ministerial orders transferrin...

AI summary Phase 2 of the More Access to Energy Act (MAEA) will transfer NS Power's operations to IESO Nova Scotia by May 1, 2028, impacting fee recovery and licensing requirements. IESO Nova Scotia will manage the OATT and seek new tariffs from the NSEB, while expanding market participation. The fee recovery mechanism will be re-evaluated once Phase 2 is fully implemented.

5.3 Is a flat monthly fee charged to each LSE reasonable? IESO Nova Scotia has proposed a flat monthly fee to be charged to each LSE, primarily based on the following reasons:[34,](#page-15-6)[35](#page-15-7) - Revenue predictability and s...

AI summary IESO Nova Scotia proposes a flat monthly fee for LSEs to ensure revenue predictability and stability, citing fixed costs and administrative simplicity. LEI agrees with this as an interim measure but notes it may not capture all transmission customers, such as exports and LRSs, which could complicate future adjustments.

Example: Town of Lunenburg Like the other municipal utilities, the Town of Lunenburg is a wholesale customer under the Electricity Act and falls within the definition of an LSE. It is nonetheless excluded from the proposed mechanism becaus...

AI summary The Town of Lunenburg is excluded from a proposed mechanism as it is not an accredited market participant. Its electricity load is bundled with NS Power and is significant compared to other municipal utilities. Usage fees in Ontario are provided as a reference, highlighting the relatively small proportion of the all-in electricity cost.

e passed through to the LSEs and their ratepayers. As the OATT already exists, the resulting charges would sit alongside the other transmission-related charges that transmission customers already pay. LEI has also considered the consolidat...

AI summary The document evaluates the appropriateness of the proposed direct invoicing mechanism for recovering transmission costs. It considers alternatives, such as the consolidated direct charge option, but finds that the proposed mechanism is reasonable and administratively simple, despite some stakeholder opposition.

5.5 Appropriateness of the proposed true-up options IESO Nova Scotia's proposed revenue requirement true-up builds on the revenue requirement Deferral and Variance Mechanism ("DVM") proposed in its 2026/27 revenue requirement application,...

AI summary IESO Nova Scotia proposes two true-up options for revenue requirement variances. Option 1 defers adjustments to the revenue requirement application two years later, while Option 2 allows for earlier refunds or collections. LEI recommends Option 1 due to its lower compliance costs and minimal financial benefits of Option 2, despite potential future benefits as revenue requirements grow.

6 Concluding remarks LEI has assessed IESO Nova Scotia's fee recovery mechanism application against the rate design principles set out in Section [3,](#page-7-0) and in light of IESO Nova Scotia's current Phase 1 mandate described in Secti...

AI summary LEI evaluates IESO Nova Scotia's fee recovery mechanism and finds it reasonable as an interim measure. It recommends a granular cost allocation and a billing determinant based on MW or MWh once IESO Nova Scotia's Phase 2 mandate is implemented. LEI also suggests incorporating variances into the revenue requirement application and recommends Option 1 for true-up due to regulatory efficiency.

7 Appendix A – List of works consulted - Alberta Utilities Commission. AESO Bulk and Regional Rate Design Application . 2022. - Bonbright, James C., Albert L. Danielsen, and David R. Kamerschen. Principles of Public Utility Rates (2nd edit...

AI summary This appendix lists various documents and resources consulted in a regulatory proceeding, including legal acts, industry publications, regulatory manuals, and responses to information requests by multiple stakeholders. It includes references to energy-related legislation, utility cost allocation principles, and fee recovery mechanisms.

II. Introduction and Summary - Q: Please summarize the scope of your evidence. - A: My evidence reviews the IESO Nova Scotia proposal for a fee recovery mechanism for costs - related to system planning, energy resource procurement, and int...

AI summary The evidence reviewed evaluates the IESO Nova Scotia fee recovery mechanism for system planning, energy resource procurement, and interconnection functions. It finds the mechanism reasonable except for the true-up process, which is recommended to be revised to align with budget cycles and prudency reviews. A unified proceeding is suggested to ensure timely and equitable cost recovery.

SELECTED PRESENTATIONS - "Clean Energy Solutions for Western North Carolina," presentation to Progress Energy Carolinas WNC Community Energy Advisory Council, February 7, 2008. - "Energy Efficiency: Regulating Cost-Effectiveness," Florida...

AI summary The text lists various presentations and testimonies related to energy efficiency, renewable energy, and utility regulation, primarily in the southeastern United States. These include discussions on cost-effectiveness, integrated resource planning, and energy policy in Florida and the Tennessee Valley Authority region.

lity-installed chargers advance California goal for electric vehicles. Budget controls. Reporting requirements. Evaluation, monitoring and verification processes. Outreach to small business customers. California PUC Docket A.19-08-013, dir...

AI summary The text outlines various regulatory proceedings and expert testimonies across multiple jurisdictions, including California PUC, Georgia PSC, and Nova Scotia UARB, focusing on topics such as rate cases, fuel adjustment mechanisms, avoided cost reviews, and reliability measures for electric service.

IN THE MATTER OF the MORE ACCESS TO ENERGY ACT - and - IN THE MATTER OF AN APPLICATION by the INDEPENDENT ENERGY SYSTEM OPERATOR OF NOVA SCOTIA made pursuant to Section 29 of the More Access to Energy Act for the review of its Fee Recovery...

AI summary This document pertains to a regulatory proceeding involving the Independent Energy System Operator of Nova Scotia, seeking a review of its Fee Recovery Mechanism under the More Access to Energy Act. The proceeding is before a panel of officials including the Chair, Vice Chair, and a Member.

HEARING ORDER The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) applied to the Nova Scotia Energy Board on July 31, 2026, for approval of a fee recovery mechanism and corresponding fees to recover its Board-approved...

AI summary The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) has applied for approval of a new fee recovery mechanism to recover its revenue requirement from market participants, replacing a temporary financial relief measure. The proceeding will initially be a paper hearing, with the possibility of conversion to an oral hearing if needed.

Document: 332353 Filing of Letters of Comment by the Public Tuesday, October 13, 2026 Evidence by Intervenors and Board Counsel Consultants (if any) Tuesday, October 13, 2026 Requests for an Oral Hearing Tuesday, October 20, 2026 The remai...

AI summary The document outlines the timeline for the regulatory proceeding, including key dates for evidence submissions, information requests, rebuttal evidence, and written submissions. It also references the application of the Board's Regulatory Rules, particularly Rule 7(3), which specifies a deadline for filings.

The attached Notice of Hearing be advertised in accordance with the following schedule: Halifax Chronicle-Herald: Saturday, August 15, 2026 The Clerk of the Board will provide a copy of the Notice of Hearing and Hearing Order to the list o...

AI summary The document outlines the schedule for advertising a Notice of Hearing in the Halifax Chronicle-Herald on August 15, 2026, and details the Clerk of the Board's responsibilities in distributing the notice to interested parties and posting it online.

NOTICE OF PAPER HEARING _____________________________________________________________________________ The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) applied to the Nova Scotia Energy Board on July 31, 2026, for ap...

AI summary The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) has applied for approval of a new fee recovery mechanism to recover its revenue requirement from market participants. The current temporary financial relief, approved under Interim Order M12663, will be replaced by this proposed mechanism. The Nova Scotia Energy Board will conduct a paper hearing and is inviting public participation and evidence submissions.

IN THE MATTER OF the MORE ACCESS TO ENERGY ACT - and - IN THE MATTER OF AN APPLICATION by the INDEPENDENT ENERGY SYSTEM OPERATOR OF NOVA SCOTIA made pursuant to Section 29 of the More Access to Energy Act for the review of its Fee Recovery...

AI summary This regulatory proceeding involves the Independent Energy System Operator of Nova Scotia applying for the review of its Fee Recovery Mechanism under the More Access to Energy Act. The proceeding is before a panel of three members of the regulatory body.

HEARING ORDER The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) applied to the Nova Scotia Energy Board on July 31, 2026, for approval of a fee recovery mechanism and corresponding fees to recover its Board-approved...

AI summary The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) has applied for approval of a new fee recovery mechanism to recover its revenue requirement from market participants. The current temporary financial relief under an interim order will be replaced. The proceeding will be conducted as a paper hearing with written submissions, though it may be converted to an oral hearing if needed.

Document: 332353 Filing of Letters of Comment by the Public Tuesday, October 13, 2026 Evidence by Intervenors and Board Counsel Consultants (if any) Tuesday, October 13, 2026 Requests for an Oral Hearing Tuesday, October 20, 2026 The remai...

AI summary The document outlines the timeline for the regulatory proceeding, including key dates for filing letters of comment, evidence submission, information requests, and written submissions. It also references the application of the Board's Regulatory Rules, specifically Rule 7(3), for document filing deadlines.

The attached Notice of Hearing be advertised in accordance with the following schedule: Halifax Chronicle-Herald: Saturday, August 15, 2026 The Clerk of the Board will provide a copy of the Notice of Hearing and Hearing Order to the list o...

AI summary The document outlines the schedule for advertising a Notice of Hearing in the Halifax Chronicle-Herald on August 15, 2026, and specifies that the Clerk of the Board will distribute and post the Notice of Hearing to interested parties and on the Board's website and social media.

NOTICE OF PAPER HEARING _____________________________________________________________________________ The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) applied to the Nova Scotia Energy Board on July 31, 2026, for ap...

AI summary The Independent Energy System Operator of Nova Scotia (IESO Nova Scotia) has applied for approval of a new fee recovery mechanism to recover its revenue requirement from market participants, replacing the current temporary financial relief. The Nova Scotia Energy Board will hold a paper hearing to consider this matter, with opportunities for public comment and intervenor participation.

SMALL BUSINESS ADVOCATE TAKE NOTICE that the Small Business Advocate hereby Intervenes in this proceeding in accordance with the regulations. The Small Business Advocate represents 3 classes of small business (namely 10, 11, and 21 small b...

AI summary The Small Business Advocate intervenes in the proceeding, representing three classes of small businesses. Communication should be directed to the Small Business Advocate and their legal team. The notice is dated August 2026 and addressed to the Clerk of the Nova Scotia Energy Board.

NOTICE OF INTERVENTION OF: K + S Windsor Salt Ltd. CKF Inc. Crown Fibre Tube Inc. Irving Shipbuilding Inc. Maritime Paper Products Ltd. Michelin North America (Canada) Inc. Compass Minerals Canada Corp. Farnell Packaging Ltd. P & H Milling...

AI summary The Industrial Group, consisting of several large and medium industrial customers of NSPI, is intervening in the proceeding as their costs are directly affected by the Application. They are addressing issues established by the Energy Board.

NOTICE OF INTERVENTION Take Notice that Nova Scotia Power Inc. ("NS Power") requests to intervene in this proceeding in accordance with Rule 11(1) of the Board Regulatory Rules. NS Power is a regulated public utility engaged in the generat...

AI summary Nova Scotia Power Inc. (NS Power) has requested to intervene in a regulatory proceeding, citing potential obligations to pay the IESO Nova Scotia revenue requirement and recover these costs from its customers. NS Power is a public utility providing electricity to approximately 500,000 customers in Nova Scotia.

To: Nova Scotia Energy Board - 1. The Department of Energy intends to participate in this proceeding and may address any or all of the issues as established by the Energy Board. Through the Minister of Energy, the Department of Energy has...

AI summary The Department of Energy intends to participate in the proceeding and has oversight of energy-related matters. It requests that all notices and information be provided to designated individuals.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: The MORE ACCESS TO ENERGY ACT -and- IN THE MATTER OF: AN APPLICATION by the INDEPENDENT ENERGY SYSTEM OPERATOR OF NOVA SCOTIA made pursuant to Section 29 of the More Access to Energy Act for the r...

AI summary The Nova Scotia Energy Board is reviewing the Fee Recovery Mechanism of the Independent Energy System Operator of Nova Scotia under the More Access to Energy Act. This proceeding involves an application made by the Independent Energy System Operator.

NOTICE OF INTERVENTION Take Notice that NSP Maritime Link Incorporated (NSPML, Company) requests to intervene in this proceeding in accordance with Rule 11(1) of the Board Regulatory Rules. NSPML is a regulated public utility operating a 5...

AI summary NSP Maritime Link Incorporated (NSPML) is requesting to intervene in the proceeding, as it is directly affected by changes to the Open Access Transmission Tariff. NSPML is a regulated public utility operating a 500 MW transmission facility between Nova Scotia and Newfoundland and Labrador, and it seeks intervenor status in the hearing.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE MORE ACCESS TO ENERGY ACT - and - IN THE MATTER OF: AN APPLICATION by the NOVA SCOTIA INDEPENDENT ENERGY SYSTEM OPERATOR made pursuant to Section 29 of the More Access to Energy Act for the re...

AI summary The Nova Scotia Energy Board has issued an information request to the Nova Scotia Independent Energy System Operator (IESO) regarding its Fee Recovery Mechanism under the More Access to Energy Act. Responses are due by September 22, 2026.

Request IR-3: - Reference: Section 3.3 Identification of Market Participants - On pg. 13, IESO Nova Scotia states that "…the most common type of market participant charged - ISO fees was LSEs." Please confirm that while all jurisdictions s...

AI summary The document requests confirmation that, while load serving entities (LSEs) are the most commonly charged market participants for ISO fees in Nova Scotia, most jurisdictions also charge generation and intertie traders. This is referenced in Table 1, Appendix 1.

Request IR-5: - Reference: Section 3.3 Identification of Market Participants - In this section and footnote 8, IESO Nova Scotia notes that the Town of Lunenburg electric utility - is not included as a market participant under its Proposed...

AI summary The document addresses the exclusion of the Town of Lunenburg electric utility from IESO Nova Scotia's Proposed Mechanism, as it currently takes fully bundled service from Nova Scotia Power and is not registered as an accredited market participant. It asks why the Town is treated differently from other municipal utilities and whether IESO Nova Scotia has consulted the Town on this matter.

Request IR-16: - Reference: Section 5 Fee Calculation and Model - On pg. 42, IESO Nova Scotia says it believes it would be reasonable, if new fees for fiscal year - 2027/2028 are not approved by the Energy Board by March 31, 2027, to conti...

AI summary The IESO Nova Scotia requests that the Energy Board continue using 2026/2027 revenue requirement fees for the 2027/2028 fiscal year if new fees are not approved by March 31, 2027. The request asks why this approach is not premature and whether the proposed process would change if the application is delayed beyond December 1, 2026.

1 M13007 2 3 NOVA SCOTIA ENERGY BOARD 4 5 6 7 IN THE MATTER OF: More Access to Energy Act 8 9 – and – 10 IN THE MATTER OF: AN APPLICATION by the INDEPENDENT ENERGY 11 SYSTEM OPERATOR OF NOVA SCOTIA made pursuant to 12 Section 29 of the Mor...

AI summary The Nova Scotia Energy Board is reviewing the Fee Recovery Mechanism of the Independent Energy System Operator of Nova Scotia under the More Access to Energy Act. The Consumer Advocate has requested information from the IESO, with responses due by September 22, 2026.

Refer to M13007, Exhibit N-1, Application, Section 1. Executive Summary, page 4 of 48, at lines 1-11 and Figure 1 at lines 12-13 on the same page: a) If IESO-NS takes over control of the grid in the future, as contemplated in Phase 2, and...

AI summary The text raises two questions regarding the potential transfer of grid control to IESO-NS in Phase 2 and the financial implications. It asks whether incremental costs from Phase 2 operations would be added to revenue requirements and if a true-up mechanism would be used, and when such a mechanism would be evaluated and approved.

Request IR-3: Refer to M13007, Exhibit N-1, Application, Section 3.3 Allocation of Revenue Requirement to Market Participants, page 16 of 48, at lines 7-22. a) What changes does the transition to Phase 2 entail in terms of employee assignm...

AI summary Request IR-3 and IR-4 seek clarification on changes in employee assignments during Phase 2, the functions performed by IESO-NS under the Open Access Transmission Tariff, and the relevance of jurisdictional scan findings to Nova Scotia. They also ask about the entities served by IESO-NS, the applicability of the More Access to Energy Act, and financial assurance requirements for market participants.

Request IR-6: - Refer to M13007, Exhibit N-1, Application, Section 4.2 The Proposed Fee Recovery Mechanism, - which includes Figures 10 and Figure 12, illustrating the timeline for Revenue Requirement True- - Up Option 1 and Option 2, on p...

AI summary The text outlines several regulatory inquiries regarding the proposed fee recovery mechanism, load allocation adjustments, and ISO core costs. It asks about the impact of missed deadlines, verification methods, penalties for non-compliance, and the classification of interconnection study costs under core costs.

Request IR-9 Refer to M13007, Exhibit N-1, Application, Page 31 of 48, Lines 12-15 a) There is reference to carrying costs for under-recovery, but what would happen if there was over-recovery? Request IR-10 Refer to M13007, Exhibit N-1, Ap...

AI summary The text outlines several regulatory requests related to over-recovery, fiscal year references, true-up mechanisms, and discrepancies between requests in a proceeding. It raises questions about carrying costs, timing of payments, and references to figures and options in the application.

NOVA SCOTIA ENERGY BOARD IN THE MATTER OF: THE PUBLIC UTILITIES ACT - and - IN THE MATTER OF: AN APPLICATION by the NOVA SCOTIA INDEPENDENT ENERGY SYSTEM OPERATOR made pursuant to Section 29 of the More Access to Energy Act for the review...

AI summary The Nova Scotia Energy Board is reviewing the Fee Recovery Mechanism of the Nova Scotia Independent Energy System Operator under the More Access to Energy Act, Section 29.

INFORMATION REQUESTS To: David A. Luther Nova Scotia Independent Energy System Operator (IESO Nova Scotia) 1791 Barrington Street, Unit 1010 Halifax, NS B3J 3K9 From: London Economics International LLC Responses Due: September 22, 2026 Cop...

AI summary An information request is sent from London Economics International LLC to David A. Luther of the Nova Scotia Independent Energy System Operator, seeking responses by September 22, 2026. The request is issued by the Board clerk, Crystal Henwood.

Request IR-1: - Reference: IESO Nova Scotia fee recovery mechanism application (page 4 of 48) - Independent Energy System Operator of Nova Scotia ("IESO Nova Scotia") states the following: - "At this stage, IESO Nova Scotia is responsible...

AI summary IESO Nova Scotia is seeking clarification on the costs and revenue requirements for its core activities, including system planning, energy resource procurement, and interconnection, while noting it does not yet have operational control of the grid or ownership of the Open Access Transmission Tariff.

Request IR-2: - Reference: IESO Nova Scotia Fee Recovery Mechanism Progress Update (letter dated July 6, - 2026) - IESO Nova Scotia states the following: - "…Progress to date includes the following: - On May 5, 2026, FTI's report on its ju...

AI summary The document outlines progress in the IESO Nova Scotia Fee Recovery Mechanism proceeding, including stakeholder engagement sessions, feedback collection, and the distribution of a draft settlement agreement. It requests copies of various documents related to stakeholder feedback and communications.

October 13, 2026 VIA EMAIL Ms. Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax NS B3J 3S3 Dear Ms. Henwood: Re: M13007 - Independent Energy System Operator of Nova Scotia Application f...

AI summary The Small Business Advocate (SBA) has reviewed materials related to the Independent Energy System Operator of Nova Scotia's application for the review of its Fee Recovery Mechanism and intends to participate in the remaining aspects of the hearing schedule without filing evidence.