Participant readiness reporting for the new Part 10

Summary information from participant readiness reports at Friday 17 May 2013 has been published.

• Summary information

Consumer and stakeholder surveys - 2013 update

The Authority has repeated its surveys of consumers and stakeholders first carried out in 2011. The surveys assess public and electricity sector views related to the competition, reliability and efficiency (CRE) limbs of our statutory objective. The results are used in our planning and reporting processes.The survey show that consumers' and stakeholders' perceptions of competion within the electricity sector appear to have improved since the 2011 survey. 

• Questions and survey reports
• Media release

Transmission pricing methodology conference: clarification of views in submission – Draft Agenda

The Authority has reviewed all feedback received on the indicative agenda for the Transmission pricing methodology conference on 29, 30 and 31 May 2013.  

• Updated draft agenda, subject to Board approval

The final agenda will be published this week following Board approval.

2013-2016 Statement of Intent published

The Authority’s Statement of Intent for 2013-2016 has been published.

• Statement of Intent

 The Statement of Intent is the formal accountability document for the Electricity Authority, outlining its plans and financial statements, as required by the Crown Entities Act 2004.

Hard copies are available on request: info@ea.govt.nz or phone (04) 460 8860

Hedge market performance update: information paper

Further positive developments have been unfolding in the hedge market since the previous information paper was released in November 2012. Most notably, there has been an increase in participation in futures trading, and ASX is currently developing new peak load quarterly futures and base load quarterly options products.

• Information paper that details the hedge market’s recent developments, including performance statistics and the Authority’s on-going initiatives

Reminder to Directors: Disclosure of information about quantity of electricity sold by connected retailers

The Authority reminds directors of distributors that, under section 88 of the Electricity Industry Act 2010 (Act), they must ensure that the distributor discloses the quantity of electricity sold each financial year by connected retailers to customers who are connected to its local network.

The disclosure must be made in a statement to the Authority within two months after the end of the financial year and must be publicised by both the Authority and the distributor.  Under section 73 of the Act, “financial year” means a period of 12 months ending on 31 March.   

• Statement form

Current Consultations

Options for increasing consumers’ propensity to compare and switch retailers

The Retail Advisory Group is considering options for promoting retail competition by increasing consumers’ propensity to compare and switch retailers. The project’s purpose is to identify actions the Authority might take after 30 April 2014 to increase consumers’ propensity to compare and switch retailers. Started: 9/4/2013. Ending: 4/6/2013, 5pm.

• Options for increasing consumers’ propensity to compare and switch retailers

Review of domestic contracting arrangements: issues paper

The Retail Advisory Group is seeking feedback on issues relating to the operational effectiveness of the domestic contracting arrangements, so it can identify specific issues to be addressed. Started: 16/4/2013. Ending: 11/6/2013, 5pm.

• Review of domestic contracting arrangements: issues paper

Removal of technology-specific references from frequency keeping provisions

The Authority is consulting on proposed amendments to Part 1 and Part 13 of the Electricity Industry Participation Code 2010 (the Code) to remove technology specific references from the Code.  This would have the practical effect of  enabling participation in the frequency keeping market by demand-side participants and other non-generators. Started: 14/5/2013. Ending 21/6/2013, 5pm.

• Removal of technology-specific references from frequency keeping provisions

Consultation on changes to allocation of constrained-on and -off amounts to system operator

The Authority is proposing to remove the provision in the Code requiring the system operator to pay for constrained-on and constrained-off amounts.  The Code would instead require the clearing manager to identify and publish constrained-on and -off amounts associated with the system operator exercising discretion to depart from the dispatch schedule.  Started: 14/5/2013. Ending: 25/6/2013

• Consultation on changes to allocation of constrained-on and -off amounts to system operator