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Nova Scotia appoints Power Advisory LLC as independent renewable electricity administrator


August 30, 2011
By Alyssa Dalton

August 30, 2011 – Nova Scotia has appointed Power Advisory LLC as an independent renewable electricity administrator, a “well-established firm has significant experience” in the area, with offices in Massachusetts and Toronto, it said.

It will oversee a call for bids from independent power producers to win the right to develop large, renewable-electricity projects to deliver 300 gigawatt hours per year between now and 2015, said the government. This equates to about 100 megawatts of wind power.

“The use of a third-party administrator ensures that the bids process is seen as equitable and transparent to all Nova Scotians,” said Energy minister Charlie Parker.

Nova Scotia’s 2010 Renewable Electricity Plan set a target of 25% of the province’s electricity needs being met through renewable sources by 2015, and 40% by 2020. The plan also calls for an equal amount of renewable electricity to be developed by independent power producers and directly by Nova Scotia Power, as well as about 100 megawatts for community organizations, municipalities and aboriginal groups.

Individual ratepayers can also take advantage of a program through Nova Scotia Power that pays them for extra electricity they generate, said the province.

Work on a power purchase agreement and call for bids will begin immediately, it continued, adding that consultations will be held in the fall and the call for bids will be made next year.