New Security and Reliability Council members
The Authority is pleased to announce the three-year term appointments of Judi Jones and Barbara Elliston as members of the Security and Reliability Council (SRC). We received nominations for a number of very highly qualified candidates.
The SRC is a statutory body established under the Electricity Industry Act 2010, and comprises nine senior members of the NZ electricity industry and consumer bodies. It provides independent advice to the Electricity Authority on the performance of New Zealand’s electricity system and the system operator, and on the reliability of electricity supply.
We welcome expressions of interest or suggestions for possible candidates for the role of independent chairperson of the SRC. Please direct any such correspondence to info@ea.govt.nz or tel: 04 4608860 and speak with the Adviser System Operations.
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Retail Data project forum
The Authority intends holding a forum on the Retail Data project at Meetings on the Terrace, 152 The Terrace, Wellington on Thursday 27 March 2014 starting at 9.30 am.
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. |
NZX consults on new draft settlement and prudential methodologies
The clearing manager, NZX, released a consultation paper on the 03 March 2014 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.
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.
Presentations from the consultation workshop held on 11 March 2014 at NZX are also available from this page. |
Wholesale Advisory Group papers
Papers from the Wholesale Advisory Group meeting of 20 February 2014 have been published.
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Current consultations
Transmission pricing methodology: Beneficiaries-pay working paper
As part of its transmission pricing methodology (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 second issues paper 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
Proposed Code amendments for FTR reconfiguration auctions
The Authority is consulting on proposed amendments to Part 13 of the Electricity Industry Participation Code (Code). The proposed amendments are intended to facilitate the implementation and operation of reconfiguration auctions in the financial transmission rights (FTR) market.
Started: 11/03/2014, Ending: 08/04/2014 5pm
Improving the efficiency of prices in pivotal supplier situations
The Authority is consulting on a proposal on improving the efficiency of prices in pivotal supplier situations.
Started: 11/03/2014, Ending: 22/04/2014 5pm |
NZ electricity hedge contract - 14 March 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.
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