Rulings Panel decision

The Rulings Panel has made penalty, compensation and cost orders concerning a formal complaint made against Transpower New Zealand Limited in relation to admitted breaches of clauses 1.3.1.3(a), 1.3.2.4(a) and 1.3.4.7(a) of Schedule G6, and Rule 3.3 of section III of part G of the Electricity Governance Rules 2003 (Rules), and an alleged breach of Rule 4.2 of section III of part G of the Rules.

• The Rulings Panel’s decision

System operator’s annual review of performance

The system operator has completed its annual review of its performance and provided this to the Authority in accordance with clause 7.11 of the Code. The review covers the period 1 September 2012 until 31 August 2013, one of the busiest ever periods of asset commissioning on the grid.

• System operator's annual review of performance

Transmission pricing methodology: sunk costs

The Authority is seeking feedback on its working paper discussing how economic theory defines a sunk cost, and whether sunk costs are relevant to efficient pricing decisions, such as the pricing of electricity transmission services. This working paper will inform a second issues paper, which is due to be released in 2014.  Submissions on the working paper are due by 5 pm on 19 November 2013.

• TPM:sunk costs

Exemption application – classification of NAaN assets under the TPM

Submissions on the consultation paper ‘Draft decision on exemption application – classification of NAaN assets under the TPM’ have been published.

• Submissions

Retail Advisory Group minutes

The minutes for the Retail Advisory Group meeting held on 18 September 2013 have been published.

• RAG minutes

Current consultations

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.  

• Transmission pricing methodology: cost benefit analysis working paper

Started: 03/09/2013; Ending: 15/10/2013 5pm

2014/15 Appropriations, Authority Work Programme and EECA Work Programme

The Electricity Authority and Energy Efficiency and Conservation Authority have released a joint consultation paper on the proposed 2014/15 annual appropriations and their respective work programmes.

• 2014/15 Appropriations, Authority Work Programme and EECA Work Programme

Started: 10/09/2013; Ending: 22/10/2013 5pm