Valuation Method for Electric Ancillary Services
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The objective of this project is to define a new, enhanced power purchase agreement (PPA) for use by NSPI or an independent procurement administrator when contracting with Independent (e.g., renewable) Power Producers (IPPs). This new PPA will provide the appropriate economic incentives for IPPs to structure their projects to offer various ancillary services that assist in integrating their output to the electrical system, while providing the greatest value for Nova Scotia ratepayers.
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