Renewable Energy Standard (Nova Scotia, Canada)
Last modified on February 12, 2015.
|Applies to States or Provinces||Nova Scotia|
|Name||Renewable Energy Standard (Nova Scotia, Canada)|
|Policy Category||Financial Incentive|
|Policy Type||Renewables Portfolio Standards and Goals|
|Affected Technologies||Biomass/Biogas, Concentrating Solar Power, Hydroelectric, Hydroelectric (Small), Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Program Administrator||Nova Scotia Department of Energy|
| Last Substantive Modification
|Information Source||Renewable Electricity Plan: http://energy.novascotia.ca/sites/default/files/renewable-electricity-plan.pdf|
On February 1, 2007, Nova Scotia's new Renewable Energy Standards took effect. Qualifying electricity through renewable energy includes: wind, tidal, biomass, solar and hydro.
By 2015, Nova Scotia will generate 25% of the province's electricity with renewables. In 2010, Nova Scotia updated the RES to have 40% of the province's electricity generated by renewables. The plan also calls for evaluation of biomass electricity generation in 2015, and biomass is capped until then at 500,000 dry-tonnes more than the level in 2010.
Large and medium-sized renewable electricity projects will be split evenly between Nova Scotia Power (NSPI) and Independent Power Producers (IPPs). The Utility and Review Board (UARB) will evaluate and approve NSPI-sponsored projects in the traditional way. Independent producers will compete for projects in a bidding process managed by a new authority, the Renewable Electricity Administrator.
|Department||Nova Scotia Department of Energy|
|Address||Bank of Montreal Building, Suite 400|
|Address 2||5151 George Street - P.O. Box 2664|
|Place||Halifax, Nova Scotia|
|Zip/Postal Code||B3J 3P7|