Topic:"Renewable Electricity Regulations" in M10653

2022 10-Year System Outlook NON-CONFIDENTIAL 1 Figure 7: 2005, 2021 Actual and 2023 Forecast Energy Mix 2

AI summary The 2022 10-Year System Outlook document includes Figure 7, which compares actual energy mix data from 2005 and 2021 with a 2023 forecast. This figure provides insight into the evolution and future expectations of Nova Scotia's energy mix.

Page 30 of 60 2022 10-Year System Outlook NON-CONFIDENTIAL 1 5.0 ENVIRONMENTAL AND EMISSIONS REGULATORY REQUIREMENTS 2 3 5.1 Renewable Electricity Requirements 4 5 The RES include a renewable energy requirement for NS Power of 25 percent o...

AI summary Nova Scotia has set renewable electricity requirements (RES) for NS Power, increasing from 25% in 2015 to 80% by 2030. The Province initiated a procurement program for 1,100 GWh of renewable energy, with selected projects to be in service by 2025. The COMFIT and Net Metering programs also support community and small-scale renewable projects.

rom 22 2015 to 2019 the Company served 26.6 percent (2015), 28 percent (2016), 29 percent (2017), 30 23 percent (2018) and 30 percent (2019) of sales using qualifying renewable energy sources. 24 31 Renewable Electricity Regulations, made...

AI summary The text provides statistics on the percentage of sales served by qualifying renewable energy sources from 2015 to 2019, and references the Renewable Electricity Regulations under the Electricity Act, as well as amendments to the Net Metering legislation effective April 22, 2022.

Page 31 of 60 2022 10-Year System Outlook NON-CONFIDENTIAL 1 A key component of NS Power’s ability to meet its 2020 RES requirements was the 2 commencement of the operation the Muskrat Falls Hydro Generating Project and the associated 3 de...

AI summary NS Power faced challenges in meeting its 2020 RES requirements due to delays in the Muskrat Falls Hydro Generating Project. An Alternative Compliance Plan was permitted by the Nova Scotia Minister of Energy and Mines, allowing NS Power to extend the compliance period for achieving the 40% renewable energy standard over 2020-2022. However, the company only achieved 29% and 30.4% renewable energy use in 2020 and 2021, respectively, and full delivery from Muskrat Falls remains at risk.

to phase out coal- 24 fired electricity generation in the Province by 2030, provincial GHG reduction targets of 53 percent 25 below 2005 levels by 2030, Net Zero by 2050 (discussed further in Section 5.4) and a zero- 26 emission vehicle ma...

AI summary The text outlines Nova Scotia's commitment to phase out coal-fired electricity generation by 2030, align with provincial GHG reduction targets, and mandate zero-emission vehicles. It references the Environmental Goals and Climate Change Reduction Act and a link to a related Canadian government page.

2 As discussed in the previous section, the Federal Government provided guidance on the options 3 available to the province to establish a Provincial Carbon Policy framework as potential 4 alternatives to the Federal Backstop. NS Power und...

AI summary The Federal Government has provided guidance on establishing a Provincial Carbon Policy framework and a Clean Electricity Standard (CES) to support net-zero electricity by 2035. NS Power is adapting its electricity strategy to meet 2030 and 2035 targets, including renewable energy goals and carbon pricing, through its Integrated Resource Plan (IRP) process.

24 accelerate the Company’s carbon reduction strategy in a way that is affordable for customers, 25 maintains reliability, and supports NS Power’s customers and the communities where they live 26 and work. As the government’s announced pol...

AI summary The text discusses NS Power's commitment to accelerating its carbon reduction strategy in a manner that is affordable for customers, maintains reliability, and supports communities. It also references the government's policy changes that will become legislative and regulatory requirements and be reflected in future planning studies.