Halifax, Canada --- (METERING.COM) --- October 19, 2010 - Renewable electricity regulations have been introduced in Nova Scotia, including a feed-in tariff for small scale community and residential renewable installations.
The new regulations are aimed at increasing the amount of renewable electricity produced in communities across Nova Scotia and helping to stabilize electricity costs, while promoting a greener, more sustainable province for generations to come.
“These regulations are another step towards implementing some of the most aggressive renewable energy goals in the world,” said Premier Darrell Dexter. “These greener, local projects will help to create good jobs, provide a better future for Nova Scotians and reduce our overall dependence on imported carbon-based sources."
The Renewable Electricity Regulations follow a consultation process that determined eligible technologies and who would qualify for a community-based feed-in tariff program. Rates for these projects will be set by the Nova Scotia Utility and Review Board, which has begun the work, with a hearing in the new year and a decision expected by spring.
Renewable sources that are covered include solar, wind, run-of-the-river hydro, ocean-powered, tidal and wave energy, biomass and landfill gas.
Rates will vary by renewable, and also there will be different rates for wind projects – one for projects over 50 kW and another for micro-scale projects under 50 kW.
The regulations put the Renewable Electricity Plan into action and puts Nova Scotia on course to reach its target of 25 percent of renewable electricity supply by 2015 and 40 percent by 2020.
Medium to large-scale renewable electricity projects by independent power producers will be subject to a competitive bidding process overseen by a renewable electricity administrator who will set rates.
The feed-in tariff for small wind has been applauded by the Canadian Wind Energy Association (CanWEA), which notes it is a first in Canada. According to CanWEA’s latest survey the Canadian small wind market has grown by 55 percent over the past two years. In addition Canada is home to more than half of the world's manufacturers of small wind turbines in the 30 to 100 kW range.
The province will review and analyze the progress of the Renewable Electricity Plan, with a special focus on the community feed-in tariff (COMFIT) program, within 18 months of implementation to determine whether the regulations are achieving theirt goals.