HALIFAX – Nova Scotia Power has completed filing expert evidence today (TUESDAY), along with its own reply evidence, to refute allegations the Liberty Consulting Group has made in its 2012 Fuel Adjustment Mechanism (FAM) report.
The expert evidence filed today with the Utility and Review Board (UARB) covers the topics of: professional audit standards, human resourcing, natural gas purchases, natural gas hedging, the National Energy Board’s regulation of natural gas, and lowered efficiency at the Lingan generation station due to wet coal. The evidence of each expert is summarized in a backgrounder (PDF).
In its reply evidence, NS Power contends the Liberty report is fundamentally flawed, and that the UARB should reject its conclusions and recommendations. Further, NS Power asks the Board to revise the FAM Plan of Administration to bring greater discipline and clarity to its audit provisions. The proposed changes would ensure that customers, NS Power, and the UARB benefit from a constructive and efficient review of NS Power’s fuel procurement and FAM compliance.
The UARB will hear arguments Thursday on the matter of confidentiality of commercially sensitive information and defamatory statements in the report. In October, the Board will hear the evidence and arguments on the validity of Liberty’s report.