NZX Clearing consults on new draft settlement and prudential methodologies
The clearing manager, NZX, has released a consultation paper proposing draft methodologies for the new settlement and prudential arrangements that come into effect on 24 March 2015. The methodologies are for determining:
- the settlement retention amount
- the forward estimate of the minimum amount of security to be provided
- general prudential requirements.
The clearing manager is required under Schedule 14.2 of the Code to consult on the draft methodologies. Submissions are due to NZX by 5pm on Tuesday 1 April 2014. After consideration of submissions, NZX will submit finalised methodologies to the Authority for approval.
NZX is holding a consultation workshop on Tuesday 11 March 2014 from 1pm to 5pm at its office in Wellington. Teleconference facilities are available for people who wish to dial in. Registrations can be sent to cmanager@nzx.com
|
Forum for Retail Data project
The Authority intends holding a forum in Wellington on Thursday 27 March 2014 on the Retail Data project. The purpose of the forum is to discuss feedback on the Issues paper the Authority released on 28 January 2014.
People interested in attending the forum should email their name and contact details to info@ea.govt.nz with ‘Retail data forum’ in the subject line. The agenda, location and confirmation of the start time will be advised closer to the time of the forum. |
Work programme report
The Authority has published its work programme report to 31 December 2013.
These reports show progress for the year to date against the published work programme.
Let us know your comments and questions – please contact our Business Planning Manager torsten.baker@ea.govt.nz. |
Retail Advisory Group minutes
The minutes for the Retail Advisory Group (RAG) meeting held on 12 February 2014 have been published.
|
Current consultations
Issues paper: Retail data project
The Authority is seeking feedback on issues relating to incomplete retail data and the lack of widespread confidence that the retail market is competitive and delivering benefits to consumers. Feedback is also sought on the preliminary options that might address the issues identified.
Started: 28/01/2014; Ending: 11/03/2014 5pm
TPM: Beneficiaries-pay working paper
Also as part of its TPM review, the Authority has prepared the ‘Beneficiaries-pay options’ working paper to examine different options for applying a beneficiaries-pay charge. This working paper will inform the second issues paper, mentioned above, due to be released in the second half of 2014.
Started: 21/01/2014; Ending: 25/03/2014 5pm
Proposed dispatchable demand policy statement amendments
The Authority is seeking feedback on proposed policy statement amendments considered necessary to implement dispatchable demand
.Started: 25/02/2014; Ending: 25/03/2014 5pm |
NZ electricity hedge contract -28 February 2014
 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.
|
|
Back to top