Market Brief

1 July 2014
 

Welcome to Market Brief, the Electricity Authority’s weekly update on regulatory and market developments.

 
 

Contents

 
 
 
 
 
 
 

Auditor requirements and audit guidelines updated

 
 
The Authority has updated the auditor approval policy and auditor application forms to include the approval of dispatchable load purchaser auditors. The Authority has also updated the reconciliation participant, distributor, and metering equipment provider audit guidelines to incorporate changes to Parts 1, 10, 11 and 15 of the Code, including the minor code amendments that came into force on 15 May 2014.  
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Dispatchable load purchaser audit guidelines published

 
 

The Authority has published guidelines for dispatchable load purchaser audits.

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Applications open for dispatchable load purchaser auditors

 
 

Applications are now open for parties who wish to become dispatchable load purchaser auditors.  Dispatchable load purchasers are participants that participate in the dispatchable demand regime and are subject to audit and certification requirements under Part 15 of the Code.  

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Current consultations

 
 

Normal frequency asset owner performance obligations

The Authority is consulting on normal frequency asset owner performance obligations

Started: 10/06/2014; Ending: 22/07/2014 5pm

The effect on competition of saves and early win-backs

The Authority is consulting on the effect on competition of saves and early win-backs

Started: 24/06/2014; Ending: 05/08/2014 5pm
 

Improving transparency of consumers’ electricity charges

The Authority is consulting on improving transparency of consumers’ electricity charges

Started: 24/06/2014; Ending: 26/09/2014 5pm

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NZ electricity hedge contract – notice of unavailability

 
 


The NZ electricity hedge contract report will not be updated until 8 July 2014. Please contact info@ea.govt.nz if you have any queries.

Existing NZ electricity hedge contracts are still available online.

 

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