Updates

Please find attached the latest draft of the Memorandum of Agreement (MOA) for the Green Choice Program (GCP). This is a draft reference document for applicants who intend to aggregate with other applicants to meet the 10,000 MWh minimum to submit an Expression of Interest form (EOI). As a requirement of the EOI, all applicants within an aggregate must sign a document acknowledging their intent to aggregate (e.g., the attached MOA). In addition, the PA will follow up with applicants who have previously indicated an interest in aggregating to help facilitate the process. 

This MOA (or another governing document of the applicants’ choosing) will be appended into the final version of the EOI. 

We also want to take this opportunity to provide an overview of the GCP process:

1. Interested applicants must submit this Expression of Interest (EOI) [currently a draft] to be considered for enrollment in the program. The EOI asks applicants to specify the quantity of renewable electricity they wish to procure through the GCP. The Procurement Administrator may request additional  information for clarifying purposes after the EOI has been submitted and before  Minister enrolling the applicant.
2. The Minister of Energy & Mines will review and confirm enrollment of applicants. 
3. The Procurement Administrator will issue a competitive Request for Proposal from industry to build new renewable energy projects to meet the energy needs of enrolled applicants (driven by EOI demand; up to a program cap of 500MW). 
4. Upon final selection of the successful renewable energy project(s), enrolled applicants will execute a participant agreement with NSPI.  
5. Awarded renewable energy  project(s) will enter into long-term Power Purchase Agreement(s) with NSPI. 
6. After PPA award, renewable energy project(s) are built and connected to the Nova Scotia electrical grid, enrolled applicants will begin to receive the benefits and incur the costs associated with their GCP enrollment. Cost and credits will show up on enrolled applicants’ electricity bills and title to the environmental attributes will be provided in an annual report from NSPI

Please see timing on the next steps below (dates are subject to change):

1. GCP regulations to be approved: Mid October
2. Finalized EOI released: Mid October
3. Open EOI submission window: Early-Mid November
4. Close EOI submission window: Early-Mid December
5. Request For Proposals (RFP): After RBP award (Q2-Q3/2022)