P-1-(i)Appendix A - Green Choice PPA
5 passages
as set out in the Proposal. Local Benefits Shortfall has the meaning given to it in Section 2.7 Local Benefit Report means a report setting out the Seller's Local Benefit expenditure at COD. Market Rules and Procedures – means the document...
AI summary This section defines key terms and acronyms relevant to the regulatory proceeding, including 'Local Benefits Shortfall,' 'Market Rules and Procedures,' 'Marginal Cost Rate,' and 'More Access to Energy Act.' It outlines definitions related to energy generation, measurement, Indigenous communities, and legal frameworks governing energy markets in Nova Scotia.
(b) The Seller shall: - (i) For each day of the Interim Period and the Term, provide to NSPI by 8:30 am Atlantic Prevailing Time of the previous day, an hourly forecast of (i) the number of generators at the Facility that will be available...
AI summary The Seller is required to provide NSPI with hourly forecasts of generator availability and deratings, update forecasts promptly in case of changes, and provide real-time data access. Failure to comply results in a 75% reduction in the applicable rate for Net Output.
3.4 Renewable Energy Credits The Seller hereby assigns, unconditionally and absolutely, all of its right, title and interest in and to all of the Renewable Energy Credits attributable to all of the Energy purchased by NSPI from the Seller...
AI summary The Seller assigns all Renewable Energy Credits from energy purchased by NSPI, free of liens, and agrees to assist NSPI in perfecting this assignment. NSPI will reimburse the Seller for any expenses incurred during this process and bear the cost of verifying or registering the credits.
5.5 Premiums and Incentives The rates payable by NSPI for the purchase of Energy are set forth in this Agreement and, without limitation: - (a) the Seller shall not be entitled to any remuneration which NSPI receives from any of its custom...
AI summary The document outlines the terms regarding premiums and incentives for NSPI in the purchase of energy. NSPI retains all benefits from re-sale premiums, incentives, and Renewable Energy Credits, while the Seller is excluded from these benefits.
reaffirmed by the Seller as representations made to NSPI hereunder and there is no material information omitted from the Proposal which makes the information in the Proposal misleading or inaccurate. - (o) The Seller is the legal and benef...
AI summary The Seller reaffirms its representations and warranties to NSPI, including ownership of land tenure, compliance with Canadian tax residency, and adherence to renewable energy regulations. The Energy Rate includes applicable customs duties and tariffs, with adjustments governed by specific sections of the agreement.
P-1-(ii)Appendix B - Green Choice PPA Blackline to PPA in M11455
9 passages
SCHEDULE A GREEN CHOICE PROGRAM POWER PURCHASE AGREEMENT FOR RENEWABLE ENERGY Between NOVA SCOTIA POWER INCORPORATED And [Insert name of Seller] GREEN CHOICE PROGRAM POWER PURCHASE AGREEMENT FOR RENEWABLE ENERGY Between NOVA SCOTIA POWER I...
AI summary This document outlines a Power Purchase Agreement (PPA) for renewable energy under the Green Choice Program between Nova Scotia Power Incorporated and an unnamed seller. It establishes the terms for purchasing renewable energy from the seller.
er of megawatts of Name Plate Capacity of the Facility; - Not Used - Not Used - Not Used - Zone: 1 / 2 / 3 / 4 / 5 - Project has been awarded "Ownership" points in the Proposal's evaluation: Yes / No; - (a) If Yes, the Project is owned by:...
AI summary The document outlines the Green Choice Program Power Purchase Agreement for Renewable Energy, detailing project ownership, zones, and various exhibits and appendices that form part of the agreement. It includes provisions related to confidentiality, project financing, and ownership by the Mi'kmaq of Nova Scotia.
ility or its generation of Energy; or (iii) benefits attributable to the direct displacement by Energy from renewable sources of emissions from fossil-fuelled thermal electrical generation, including: - (a) all right, title, interest in an...
AI summary The text defines Renewable Energy Credits (REC) and outlines the rights and benefits associated with them, including carbon credits, emission reductions, and revenues. It also specifies the Reporting Date as six months prior to each Fiscal Year during the Term.
3.3 Reporting of Seller and Forecasting Facility Output (a) If the Energy Source is wind Energy, NSPI shall cause a third-party vendor to provide meteorological forecasting services for the Facility. As of the Effective Date, NSPI will cau...
AI summary This section outlines NSPI's obligation to provide meteorological forecasting services for a wind energy facility, including the allocation of service fees and administrative costs to the Seller's account. The fee is capped at $1,000 per month, adjusted annually for inflation.
3.4 Renewable Energy Credits The Seller hereby assigns, unconditionally and absolutely, all of its right, title and interest in and to all of the Renewable Energy Credits attributable to all of the Energy purchased by NSPI from the Seller...
AI summary This section outlines the assignment of Renewable Energy Credits from the Seller to NSPI, ensuring that NSPI has full rights and interests in these credits. The Seller is required to assist NSPI in perfecting the assignment and will be reimbursed for any related expenses. NSPI is responsible for the costs of verifying or registering the credits.
- (b) NSPI agrees to compensate the Seller for foregone Expected Output resulting from curtailment in accordance with and on the terms and conditions set forth in Section 4E33 of Chapter 2518 of the Electricity Act (or any successor or rep...
AI summary The text outlines NSPI's agreement to compensate the Seller for curtailment of energy output, as defined by the Electricity Act. Compensation is conditional and subject to specific thresholds and exceptions, including unforeseeable emergencies or force majeure events.
5.5 Premiums and Incentives The rates payable by NSPI for the purchase of Energy are set forth in this Agreement and, without limitation: - (a) the Seller shall not be entitled to any remuneration which NSPI receives from any of its custom...
AI summary This section outlines the terms regarding premiums and incentives for energy purchases by NSPI. NSPI retains all benefits from reselling energy, including premiums and incentives, and is entitled to renewable energy credits assigned under the agreement.
s and shall cease to be entitled to any of the Seller's rights and benefits contained in this Agreement, unless the Project Lender's Security Agreement remains in effect by way of continuing security. - (f) Notwithstanding Section [16.2,](...
AI summary This section outlines the conditions under which a Project Lender may transfer or dispose of the Seller's interest in the Project, requiring NSPI's approval and ensuring that the transferee can meet the Seller's obligations. It also addresses the termination of the agreement due to a Seller Event of Default and the subsequent actions by NSPI.
- A. NSPI and [insert name of Seller] (" Seller ") have entered into the Green Choice Program Power Purchase Agreement for Renewable Energy dated as of [ ⚫ ] (the " Agreement "); - B. Pursuant to the terms of the Agreement, the Guarantor i...
AI summary This document outlines a power purchase agreement between NSPI and a seller, with the guarantor agreeing to provide a guarantee for the seller's payment obligations under the agreement. The agreement is part of the Green Choice Program for Renewable Energy.
P-1-(iii)Appendix C - DRAFT #1 Green Choice PPA 2026 - CLEAN
7 passages
GREEN CHOICE PROGRAM POWER PURCHASE AGREEMENT FOR RENEWABLE ENERGY This Power Purchase Agreement is entered into as of ⚫, 20⚫, between: Nova Scotia Power and [Insert name and address of Seller] ("Seller") Incorporated 1223 Lower Water Stre...
AI summary This document outlines a Power Purchase Agreement (PPA) between Nova Scotia Power and a Seller for the purchase of renewable energy. The agreement includes terms for payment, notice, and conditions based on the Seller's Proposal, including certification of generating technology and project ownership structure.
made thereunder, in each case, as amended from time to time. Nameplate Capacity – means the name plate capacity of the Facility, as specified in item [3](#page-3-10) of the Commercial Terms. Net Output – means the Energy output of the Faci...
AI summary The text defines key terms related to energy generation, supply, and regulatory frameworks, including definitions for nameplate capacity, net output, and Nova Scotia Supply Community, as well as references to regulatory bodies like the DNR and NSPI.
2.3 Obtaining and Maintaining Electricity Standard Approval (a) On or prior to Commercial Operation, the Seller shall obtain an Electricity Standard Approval for the Facility. NSPI shall provide the Seller, at the Seller's expense, assista...
AI summary The section outlines the Seller's obligation to obtain and maintain Electricity Standard Approval for the Facility prior to Commercial Operation. NSPI will assist the Seller at their expense. Failure to maintain approval results in liquidated damages based on the Renewable Attribute Loss Rate and Daily Energy Bid. NSPI retains the right to recover these damages through Performance Security or other means.
2.5 Scheduled Date for Commercial Operation (a) The Seller agrees to obtain Commercial Operation of the Facility by the Scheduled Commercial Operation Date; however, for greater certainty, if the Seller has failed to obtain Commercial Oper...
AI summary The section outlines the obligations and consequences related to the Scheduled Date for Commercial Operation of the Facility. It specifies that failure to achieve Commercial Operation by this date does not automatically constitute a Seller Event of Default unless otherwise defined. Extensions to the Term are permitted under certain conditions, and the Seller is liable for liquidated damages if Commercial Operation is delayed.
3.4 Renewable Energy Credits The Seller hereby assigns, unconditionally and absolutely, all of its right, title and interest in and to all of the Renewable Energy Credits attributable to all of the Energy purchased by NSPI from the Seller...
AI summary The Seller assigns all Renewable Energy Credits (REC) to NSPI, free of liens, encumbrances, or adverse claims. NSPI is responsible for any costs related to verifying or registering the RECs, and must reimburse the Seller for any expenses incurred in fulfilling NSPI's requests related to the assignment.
5.5 Premiums and Incentives The rates payable by NSPI for the purchase of Energy are set forth in this Agreement and, without limitation: - (a) the Seller shall not be entitled to any remuneration which NSPI receives from any of its custom...
AI summary The document outlines the terms related to premiums and incentives for NSPI in the purchase of energy. NSPI is entitled to all benefits from re-selling energy, including premiums and incentives, and Renewable Energy Credits, while the Seller is excluded from these benefits.
or resolutions of the directors, partners or shareholders of the Seller; - (iii) any judgment, decree, order or award of any Government Agency or arbitrator; - (iv) any Permit held by the Seller; or - (v) any Laws and Regulations. - (e) It...
AI summary The section outlines the Seller's representations and warranties, ensuring that it is not subject to insolvency, has no pending legal actions that could affect its obligations, and is in compliance with all applicable laws and regulations. It also confirms the accuracy of provided information and the ability to achieve commercial operation by the scheduled date.
P-1-(v)Appendix E - Draft Green Choice Program Procurement Request for Proposals (RFP)
17 passages
APPEN DIX E - GREEN CHOICE PROGRAM DRAFT RFP Nova Scotia Green Choice Program Procurement – Request for Proposals II
AI summary This document outlines the Green Choice Program Procurement – Request for Proposals II, a procurement initiative by Nova Scotia aimed at advancing renewable energy and sustainability goals.
1.1 Green Choice Program - a) The Green Choice Program (" GCP ") was created by the Province of Nova Scotia to provide large energy consumers in Nova Scotia a pathway to local renewable electricity supply for up to 100% of their electricit...
AI summary The Green Choice Program (GCP) allows large energy consumers in Nova Scotia to subscribe to local renewable electricity supply. The program is administered by a Procurement Administrator (PA), with Power Advisory appointed as the PA for the second competitive request for proposal (RFP) process. The RFP is governed by the Electricity Act, GCP Regulations, and Renewable Electricity Regulations.
1.2 Purpose and Background of the RFP - a) Renewable Low-Impact Electricity development offers significant economic benefit opportunities to many rural areas in Nova Scotia and significant advancement towards achieving greenhouse gas emiss...
AI summary The RFP aims to procure up to 1,200 GWh of renewable low-impact electricity from onshore wind resources to support Nova Scotia's clean energy targets, including achieving an 80% renewable electricity standard by 2030. The PA will administer the RFP to ensure fair and competitive selection of proposals, with the PA intending to seek Board approval for the PPA form before issuing the RFP in September 2026.
1.5 Federal Funding - a) Proponents are encouraged to explore all federal funding opportunities to make their Energy Rate more competitive, including any available investment tax credits, Canada Infrastructure Bank (" CIB ") financing, and...
AI summary The document outlines federal funding opportunities for Energy Rate projects, including tax credits, CIB financing, and SREPs funding. It notes ongoing discussions between DoE and CIB regarding potential offerings for the RFP, with details to be available after the RFP is issued in September 2026. SREPs funding is conditional on meeting eligibility requirements and requires a written contribution agreement before financial contributions are made.
2.1 Project Team Member Experience - a) The Proponent shall meet the Team Member Experience set out in this Section [2.1.](#page-5-3) - b) The Proponent must have at least two (2) Designated Team Members who have experience in the Planning...
AI summary The Proponent must have at least two Designated Team Members with experience in planning, developing, financing, constructing, and operating a Qualifying Renewable Low-Impact Electricity Generation Facility. Experience does not need to be with the same Proponent or Control Group Member, and each Team Member's experience must be supported by a curriculum vitae.
2.3 Renewable Low-Impact Electricity Generation Project - a) Each Proponent will be responsible to make the necessary investments to successfully complete development and construction, and own, operate and maintain a Renewable Low-Impact E...
AI summary The document outlines requirements for Proponents participating in the Renewable Low-Impact Electricity Generation Project, including investment responsibilities, project size, location, and eligibility criteria, such as not being on Ineligible Land or having an existing PPA.
2.5 Energy Rate and Energy Bid - a) For each Project Configuration, Proposals must include: - (i) a fixed Energy rate (the " Energy Rate ") for the term of the PPA (subject to escalation as defined in the PPA) in $/MWh to two decimal place...
AI summary The document outlines the requirements for Energy Rate and Energy Bid in Project Configurations under the PPA, specifying that proposals must include a fixed Energy rate and a fixed Energy bid reflecting the total energy output at the 50% probability of exceedance.
2.8 Interconnection Feasibility Study - a) IESO Nova Scotia's Generation Interconnection Procedure outlines the procedures for processing an Interconnection Request pertaining to a Generating Facility. Proponents are expected to meet all o...
AI summary The document outlines the interconnection procedures for generating facilities under the Green Choice Program (GCP), including requirements for proponents to submit interconnection requests, pay fees, and meet technical standards. NSPI may set minimum technical requirements for wind turbines, and proponents must provide ancillary services at their own expense.
2.10 Resource Assessment - a) Proponents must submit a Proposal that includes a resource assessment report prepared and signed by a Wind Energy Resource Assessment Professional using a minimum of one (1) year of Onsite Wind Data that valid...
AI summary Proponents must submit a proposal including a resource assessment report prepared by a qualified Wind Energy Resource Assessment Professional, using at least one year of onsite wind data and a P50 probability of exceedance to validate the energy bid for each project configuration.
3.1 Summary The RFP will be released on the RFP Effective Date, after which Proponents will have a until the Proposal Submission Deadline to submit a Proposal as described in Section [3.9.](#page-18-0) Prospective Proponents must submit a...
AI summary The RFP will be released on the RFP Effective Date, with Proponents required to submit completed Registration Forms and fees by the Registration Deadline. Proposals will be evaluated in three stages, with Project selection for the GCP Portfolio occurring in the fourth stage.
4. PROPOSAL EVALUATION The evaluation of Proposals will be conducted by the PA in five distinct stages as follows:
AI summary The evaluation of proposals will be conducted in five distinct stages by the Procurement Administrator (PA) as outlined in the document.
4.2 Stage 2 – Mandatory Requirements - a) In Stage 2, each Proposal will pass or fail depending on whether, based on the information provided in the Proposal (the Prescribed Form which the Mandatory Requirements information is submitted is...
AI summary Stage 2 of the proposal process requires each Proposal to meet specific mandatory requirements, including providing a Unique Project ID, satisfying team member experience and structure requirements, meeting renewable low-impact electricity generation project requirements, adhering to a scheduled completion date by December 31, 2030, and including energy rates and bids for each project configuration.
Scored Criteria Points Experience Available 3 points at least one (1) Designated Team Member in each of the Experience Categories has experience with respect to at least three (3) onshore wind projects each of at least 80% of the proposed...
AI summary The text outlines experience requirements for proponents in renewable energy projects, focusing on team members' experience with onshore wind projects and renewable low-impact electricity generation facilities in Nova Scotia, with specific criteria related to project capacity and commercial operation timelines.
Capitalized terms used in this RFP but not otherwise defined in this have the meanings given to them in the PPA. Term Definition New-Build means a Generating Facility proposed as a Project that is not an Expansion or an existing Generating...
AI summary The document defines key terms used in the Request for Proposal (RFP) related to generating facilities, including definitions for New-Build, Non-Collusion Requirements, Nova Scotia Supply Community, NSPI, and Onsite Wind Data. These definitions are based on the Power Purchase Agreement (PPA).
Municipal Governments • Requirements from municipal governments (including relevant by-laws) vary across municipalities. Proponents are expected to understand the specific by-laws of the relevant municipality relating to, among other thing...
AI summary Municipal governments have varying requirements and by-laws affecting renewable energy projects, including regulations on noise, planning, and separation distances from habitable buildings. Proponents must be aware of these local rules.
Appendix G - Form of Irrevocable and Unconditional Standby Letter of Credit DATE OF ISSUE: [●] APPLICANT: [●] BENEFICIARY: Minister of the Nova Scotia Department of Finance and Treasury Board and its permitted assigns (the " Beneficiary ")...
AI summary This document outlines the form of an irrevocable and unconditional standby letter of credit issued in connection with a Request for Proposals (RFP) for renewable low-impact electricity supply in Nova Scotia. It specifies the conditions under which the Beneficiary may draw on the credit, including material misrepresentation or failure to execute a Power Purchase Agreement (PPA).
Appendix H - Proposal Submission Label Green Choice Program Procurement RFP II Name of Proponent: Unique Project ID: Address: Contact: Phone No: Email: XXXX XXX Halifax, Nova Scotia XXX
AI summary Appendix H outlines the Proposal Submission Label for the Green Choice Program Procurement RFP II. It includes sections for proposers to provide their name, contact information, address, and other details required for submission.