Acts and Regulations

2013, c.7 - Electricity Act

Full text
Integrated resource plan
100(1)The Corporation shall, in accordance with subsection (4), submit to the Executive Council for approval an integrated resource plan that covers a planning period of not less than 20 years and that includes the following:
(a) the Corporation’s load forecast for the planning period;
(b) demand-side management and energy efficiency plans considered by the Corporation and those it has chosen for implementation;
(c) supply-side options considered by the Corporation and those it has chosen for implementation;
(d) the anticipated impact on load of the demand-side management and energy efficiency plans chosen for implementation by the Corporation;
(e) the cost implications of the demand-side management and energy efficiency plans and supply-side options chosen for implementation by the Corporation as projected for the initial 10-year period covered by the integrated resource plan;
(f) any key assumptions relied on by the Corporation in developing the integrated resource plan;
(g) a description of the stakeholder consultations carried out by the Corporation in developing the integrated resource plan; and
(h) any other information the Corporation considers relevant or that is ordered by the Board under subsection (3) to be included.
100(2)Subject to any changes requested under subsection (7), an integrated resource plan shall be developed by the Corporation in accordance with the principles of least-cost service, economic and environmental sustainability and risk management.
100(3)The Board may, on its own motion, order the Corporation to include additional information in any subsequent integrated resource plans submitted under subsection (1) for the approval of the Executive Council.
100(4)An integrated resource plan shall, at the following times, be submitted to the Executive Council under subsection (1) for approval:
(a) within one year after the commencement of this section;
(b) at any time on the request of the Board; and
(c) at least once every three years after the date of the submission of the latest integrated resource plan under either paragraph (a) or (b).
100(5)The Executive Council shall approve or reject an integrated resource plan within 90 days after receipt of the plan.
100(6)If the Executive Council does not render a decision under subsection (5) within the time specified in that subsection, the integrated resource plan shall be deemed to be approved on the expiry of that time.
100(7)The Executive Council may request changes to an integrated resource plan or request additional information from the Corporation before approval.
100(8) An integrated resource plan approved by the Executive Council under subsection (5) or deemed to be approved under subsection (6) shall be filed by the Corporation with the Board within 30 days after the approval or deemed approval.
Integrated resource plan
100(1)The Corporation shall, in accordance with subsection (4), submit to the Executive Council for approval an integrated resource plan that covers a planning period of not less than 20 years and that includes the following:
(a) the Corporation’s load forecast for the planning period;
(b) demand-side management and energy efficiency plans considered by the Corporation and those it has chosen for implementation;
(c) supply-side options considered by the Corporation and those it has chosen for implementation;
(d) the anticipated impact on load of the demand-side management and energy efficiency plans chosen for implementation by the Corporation;
(e) the cost implications of the demand-side management and energy efficiency plans and supply-side options chosen for implementation by the Corporation as projected for the initial 10-year period covered by the integrated resource plan;
(f) any key assumptions relied on by the Corporation in developing the integrated resource plan;
(g) a description of the stakeholder consultations carried out by the Corporation in developing the integrated resource plan; and
(h) any other information the Corporation considers relevant or that is ordered by the Board under subsection (3) to be included.
100(2)Subject to any changes requested under subsection (7), an integrated resource plan shall be developed by the Corporation in accordance with the principles of least-cost service, economic and environmental sustainability and risk management.
100(3)The Board may, on its own motion, order the Corporation to include additional information in any subsequent integrated resource plans submitted under subsection (1) for the approval of the Executive Council.
100(4)An integrated resource plan shall, at the following times, be submitted to the Executive Council under subsection (1) for approval:
(a) within one year after the commencement of this section;
(b) at any time on the request of the Board; and
(c) at least once every three years after the date of the submission of the latest integrated resource plan under either paragraph (a) or (b).
100(5)The Executive Council shall approve or reject an integrated resource plan within 90 days after receipt of the plan.
100(6)If the Executive Council does not render a decision under subsection (5) within the time specified in that subsection, the integrated resource plan shall be deemed to be approved on the expiry of that time.
100(7)The Executive Council may request changes to an integrated resource plan or request additional information from the Corporation before approval.
100(8) An integrated resource plan approved by the Executive Council under subsection (5) or deemed to be approved under subsection (6) shall be filed by the Corporation with the Board within 30 days after the approval or deemed approval.