Practice & Procedure

Newfoundland and Labrador PUB Issues Decision on Cost of Capital for Newfoundland Power

The Newfoundland and Labrador Board of Commissioners of Public Utilities issued a decision on June 8, 2016 in respect of a General Rate Application filed by Newfoundland Power Inc. In the decision, the PUB addressed the cost of capital, the capital structure and the risk profile for NP. On the subject of risk profile, the […]

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NEB Approves Extension for Mackenzie Gas Project

In a Letter Decision issued on June 2, 2016, the National Energy Board (NEB) approved a six-year extension of the “sunset clause” for the conditional approval of the Mackenzie Gas Project. This would give the project proponents until the end of 2022 to begin construction on the project. As noted in the NEB’s Press Release, […]

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OEB to Require That Regulatory Records Be Retained for Six Years

On June 3, 2016, the Ontario Energy Board (OEB) issued a letter prescribing a Mandatory Record Retention Period to be implemented by all regulated entities effective on January 1, 2017. The Policy requires regulatory records to be maintained for a period of at least six years, calculated from the end of the last calendar year […]

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OEB Staff Release Discussion Paper on Cap & Trade Framework for Natural Gas Utilities

On May 25, 2016, Ontario Energy Board (OEB) staff released a discussion paper for comment regarding the OEB’s ongoing consultation for the development of a regulatory framework for the implementation of the provincial government’s cap and trade program by natural gas utilities.[1] As we previously wrote, under Ontario’s cap and trade program, natural gas utilities […]

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Ontario Court of Appeal Sides with Non-utility Generators in Price Adjustment Case

The Ontario Court of Appeal’s April 2016 decision in Iroquois Falls Power Corporation v. Ontario Electricity Financial Corporation confirmed an earlier decision that non-utility generators (NUGs) will not receive reduced payments under their power purchase agreements (PPAs) as a result of changes to the way that the “global adjustment” (GA) is calculated. The total benefit […]

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