Exemption decisions
The Authority has revoked one exemption that the Electricity Commission had granted in 2009, and has granted two new exemptions. The revocation notice and the two new exemption notices were Gazetted on Thursday 12 September. The three notices are listed below and came into force on 13 September. The Authority has published the full Gazette notices, with reasons, on the exemptions page.
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Electricity Industry (Exemption No. 176 (New Zealand Aluminium Smelters Limited)) Exemption Notice 2013 – an exemption from complying with metering, certification and auditing obligations in clauses 10.13(1), 11.10 and 15.38 of the Code
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Electricity Governance Regulations (Exemption No. 106 (New Zealand Aluminium Smelters Limited)) Exemption Notice Revocation Notice 2013 – revoking an earlier exemption which is now replaced by Exemption No. 176
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Electricity Industry (Exemption No. 174 (N L & C E Wensley)) Exemption Notice 2013 – an exemption from clause 15.7 of the Code
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Draft decision to decline TPM exemption request
The Authority has made a draft decision to decline a request from Transpower for an exemption from obligations in clauses 8 to 26 of Schedule 12.4 of the Electricity Industry Participation Code 2010 (the Code). Under these clauses various components of the North Auckland and Northland (NAaN) grid upgrade project are classified as connection assets for an interim period until the NAaN project is fully commissioned. The request seeks to have those components treated as interconnection assets.
The Authority proposes to decline the application on the basis that it does not satisfy the requirements in section 11(2) of the Electricity Industry Act 2010 (Act) for granting exemptions. The Authority has decided to hold a short consultation on its draft decision because of the potential impact of the decision and the number of potentially affected parties. Submissions are due by 5 pm on 1 October 2013
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Supplementary information on the national reserves market
Following a request from a market participant, the Authority has published the vSPD formulations used to analyse the potential impacts of a national reserves market on prices and market outcomes. The formulations are published on an information only basis and participants will need to make their own assessments of the information provided.
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Retail Advisory Group minutes for 21 August 2013
The minutes for the Retail Advisory Group meeting held on 21 August 2013 have been published.
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Amendments to the procurement plan
Submissions on the consultation paper ‘Amendments to the procurement plan’ have been published.
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Operational review of Part 6
The Authority has published the summary of submissions for the consultation ‘Operational review of Part 6’.
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Current consultations
Part 10 implementation: amended guidelines for reconciliation participant and distributor audits
The Authority is seeking feedback on the proposed amendments to the guidelines for reconciliation participant and distributor audits.
Started: 27/08/13; Ending: 08/10/13, 5pm.
Transmission pricing methodology: cost benefit analysis working paper
In seeking feedback on its proposed approach to cost benefit analysis of the TPM proposal, the Authority has published a working paper discussing best practice to economic cost benefit studies and outlining the proposed methodology for the cost benefit analysis in the second issues paper.
Started: 03/09/2013; Ending: 15/10/2013 5pm
2014/15 Appropriations, Authority Work Programme and EECA Work Programme
The Electricity Authority (Authority) and Energy Efficiency and Conservation Authority (EECA) have released a joint consultation paper on the proposed 2014/15 annual appropriations and their respective work programmes.
Started: 10/09/2013; Ending: 22/10/2013 5pm
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Information on the Market
The Authority frequently produces graphs and analyses of interest utilising the various industry datasets that are becoming available. Information on the Market provides an insight into a particular area of focus. This week’s 'I' on the market focuses on the impact of hedge contracting on net pivotal ability
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NZ electricity hedge contracts - 13 September 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 contracts as a standard section of its weekly Market Brief.
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