NS Block definition

NS Block means the electricity transmitted through the Maritime Link from the Muskrat Falls hydroelectric project
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NS Block means the amount of Energy and associated Capacity and GHG Credits to be supplied to Emera pursuant to the ECA;
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Examples of NS Block in a sentence

  • Nalcor has the right to transmit this energy from Nova Scotia to New England energy markets effective August 15, 2021, the date the NS Block delivery obligation commenced, and continuing for 50 years.

  • In addition, for the first five years of the NS Block, NSPI is also entitled to receive approximately 240 GWh of additional energy from the Supplemental Energy Block transmitted through the Maritime Link.

  • This energy could be transmitted from Nova Scotia to New England energy markets beginning at first commercial power of the Muskrat Falls hydroelectric generating facility and related transmission assets when Nalcor commences delivery of the NS Block, and continuing for 50 years.

  • This is subject to a monthly holdback of up to $2 million from April to December 2022 contingent on receiving at least 90 per cent of NS Block deliveries, including Supplementary Energy deliveries, and the cost of replacement energy.

  • Due to the delay of the NS Block, the provincial government provided NSPI with an alternative compliance plan in 2020, as permitted by the legislation.

  • For further information on the NS Block, refer to the NSPI section above.

  • Energy from renewable sources has increased due to the improved delivery of the NS Block of energy from Nalcor Energy’s (“Nalcor”) Muskrat Falls hydroelectric project (“Muskrat Falls”) to NSPI.

  • For more information related to Nalcor’s delivery obligations of the NS Block of energy and the option for NSPI to purchase additional market-priced energy, refer to the “Business Overview and Outlook – Canadian Electric Utilities” section of Emera’s 2022 annual MD&A.

  • NSPML expects to file a final cost assessment with the UARB upon commencement of the NS Block of energy from Muskrat Falls.

  • Nalcor has agreed to commence delivery of the NS Block by August 15, 2021 and the NS Block will be delivered over the next 35 years pursuant to the agreements with Nalcor.

Related to NS Block

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  • Pretreatment wash primer means the first coat applied to bare metal if solvent-based primers will be applied. This coating:

  • CMP means Construction Management Plan;

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  • Short-rotation coppice means a specific management regime whereby the poles of trees are cut every one to two years and which is aimed at producing biomass for energy. It is exempt from the UK government timber procurement policy requirements and falls under agricultural regulation and supervision rather than forestry. The exemption only refers to short-rotation coppice, and not 'conventional' coppice which is forest management and therefore subject to the timber policy.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

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  • Wastewater treatment unit means a device which:

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  • FOIPPA means the Freedom of Information and Protection of Privacy Act;

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  • Seasonal high water table means the level below the natural surface of the ground to which water seasonally rises in the soil in most years.

  • SOFR means a rate equal to the secured overnight financing rate as administered by the SOFR Administrator.

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • COGSA means the Carriage of Goods by Sea Act of the United States of America approved on 16th April 1936.

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