The Authority has published a consultation paper on a proposed change to Advisory Group terms of reference to provide for staggered membership. The proposed change would apply to the terms of reference for the Retail Advisory Group, Wholesale Advisory Group and any future Advisory Groups that may be established.

Submissions are due by 5.00 pm on Tuesday 22 November 2011.

The consultation paper is available at:

http://www.ea.govt.nz/about-us/news-events/events-calendar/part-10-consultation-forum/

Also available at that link is a reformatted livening process flow diagram which was one of a number of process flow charts provided to the Part D industry forum in September 2009.

Further detail and explanation of matters discussed at the forum can be found in the ‘Summary of Submissions’ document from the third Part 10 consultation in June 2010 which was published in September 2011 and is available at:

http://www.ea.govt.nz/our-work/consultations/retail/partd-proposed-rules/submissions/

Consultation on proposed changes to the clearing manager’s prudential security methodology

The clearing manager has published a consultation paper on proposed changes to the clearing manager’s prudential security methodology. The document proposes a revised prudential security calculation methodology designed to:

• reduce volatility of assessments;
• more closely represent actual payer exposure; and
• adapt the methodology to make it consistent with the upcoming demand-side bidding and forecasting implementation.

The consultation period opened on Friday 21 October 2011 and ends at 9 am on Thursday 17 November 2011.

While the clearing manager is conducting this consultation, the consultation paper; submissions received by the clearing manager; and the clearing manager’s recommendations will be published on the Authority’s website.

The consultation paper will be available shortly.

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