Electricity information exchange protocols: consultation
The electricity information exchange protocols (EIEPs) provide a set of
formats that distributors, traders and agents use when electronically
exchanging operational business information. In January 2012, the
Authority published a consultation paper that proposed a wide range of
amendments to the EIEP specifications. Now the Authority has decided to
confirm most of the proposals it consulted on and to consult on two
specific Code amendment proposals:
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require compliance with EIEPs 1, 2 and 3 by distributors and traders when they exchange information
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cease incorporation by reference of certain documents in Part 12A of the Code.
The Authority has developed the proposals with significant input from
the Standing Data Formats Group, which reviewed the submissions received
from the first consultation and made recommendations to the Authority.
Submissions are due by 5pm on Friday, 22 March 2013.
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Registration open for FTR market participation
Energy Market Services (EMS), the Authority’s appointed FTR manager, has
opened the registration process for those wishing to participate in the
new financial transmission rights (FTR) market which is scheduled to
start in May 2013. With the launch of the FTR market just four months
away, prospective participants are being encouraged to register early to
ensure that they are ready for the market start.
FTR user training and testing is also occurring soon. Participants
are invited to register for these sessions with EMS and the clearing
manager, NZX. EMS will run user training on the FTR manager’s system via
two webinar sessions on 27 and 28 February 2013. NZX will run an FTR
clearing and settlement training session on 13 March 2013 (9am to 12pm)
in Wellington.
EMS is also running participant user acceptance testing from 14 March
2013. Alongside the testing, EMS will run two practice auctions to
provide participants with the opportunity to place bids and receive the
auction results and a subsequent ‘dummy’ invoice showing how FTR
holdings will be settled. The training and user testing is open to all
and prospective participants are strongly encouraged to take part.
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Distributed generation reporting due by 1 April 2013
The Authority reminds distributors they are required under Part 6 of the
Code to report distributed generation statistics to the Authority on or
before 1 April 2013. Clause 26 of Schedule 6.1 of the Code specifies
the statistics to be reported, all of which relate solely to the 2012
calendar year.
Distributors who have nothing to report must still notify the Authority
of their nil return. Completed forms, nil returns or any queries on the
topic should be directed to marketoperations@ea.govt.nz
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Typographical errors in the Code
The copies of Parts 1 and 13 of the Code on the Authority’s website have
been amended to correct some errors. The corrections relate to:
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Amendments to definitions in Part 1 made by the Electricity Industry
Participation (Financial Transmission Rights) Code Amendment 2012 and
the Electricity Industry Participation (Force Majeure) Code Amendment
2012
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An amendment to clause 15(e) of Schedule 13.3 made by the Electricity
Industry Participation (Demand-side Bidding and Forecasting) Code
Amendment 2011.
Anyone who has printed out copies of these Parts of the Code from the website may want to print out new corrected copies.
The Authority apologises for any inconvenience caused.
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Appointment of investigators
Southpark Utilities
On 30 January 2013, the Compliance Committee appointed an investigator
to investigate a breach of 14.37(1) of the Electricity Industry Participation
Code 2010 by Southpark Utilities Limited (Southpark). The clearing
manager alleged that Southpark failed to pay the amount of its invoice
in cleared funds by 1400 hours on 20 November 2012.
System operator
An investigator has been appointed to investigate a self-reported breach
of the Code by the system operator. The breach concerns the system
operator’s failure to correctly apply a security constraint causing a
high spring washer effect on 11 September 2012.
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Discontinued investigation
On 30 January 2013, the Authority decided to discontinue the
investigation of the following alleged breaches of the Code by
Transpower New Zealand Limited as the grid owner.
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An alleged breach of rule 6.1 of Technical Code B of Schedule C3 of part C of the Rules, from 1 March 2004 to 31 October 2010.
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An alleged breach of clause 7.2 of Technical Code B of Schedule 8.3 of the Code, from 1 November 2010 to 31 December 2012.
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Developing guidelines for a modified clause 13.2: workshop
The Authority is holding an industry workshop to develop a guideline to
assist market participants with understanding the application of a
proposed new clause 13.2 in the Code, which covers wholesale market
information disclosure requirements.
The workshop will be held at the Authority on Friday, 15 February 2013,
starting at 1pm and ending at 3pm. It has been scheduled for the same
day as the Regulatory Managers and Consumer Representative meeting.
Anyone wishing to attend the workshop should email conference@ea.govt.nz, with ‘Clause 13.2 Workshop’ in the subject line.
We suggest those intending to take part in the workshop prepare case
study examples of situations they wish to have considered. Those who
register will be sent a ‘straw man’ guideline later this week.
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Transmission pricing methodology review: questions and answers workshop
The Authority is holding a transmission pricing methodology review
questions and answers workshop on Thursday, 7 February 2013 at Civic
Suites 1 and 2 in the Wellington Town Hall, 111 Wakefield Street,
Wellington, starting at 10:30 am.
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Current consultations
Transmission pricing methodology review; issues and proposal
The Authority is reviewing the transmission pricing methodology, which
specifies the method for Transpower to recover costs of providing
transmission services.
Started: 10/10/2012. Ending: 1/3/2013, 5pm.
Proposed Code amendments to the new metering rules and Part 11
The Authority is proposing amendments to the Electricity Industry
Participation Code 2010 to address various issues that have been
identified in the process of preparing to implement the new metering
rules.
Started: 17/12/2012. Ending: 15/2/2013, 5pm.
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NZ electricity hedge contract - 1 February 2013
 Information plays an important part in building market confidence and strength.
To assist interested parties in tracking market development, the Authority publishes NZ electricity hedge contacts as a standard section of its weekly Market Brief.
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