Market Brief

 15 July 2014
 

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

Contents
 
 
 
 
 
 
 

Consultation about access to consumption data
 
 
The Authority is seeking feedback on its proposal to amend the Electricity Industry Participation Code 2010 (Code) to require retailers to provide consumers with access to consumption data in a standard format. The objective of the proposed amendment is to promote retail market competition by facilitating consumer participation. The Authority considers that effective competition requires engaged consumers, and access to information such as the detailed consumption data available from smart meters would encourage more engagement from customers. The Authority is concerned that existing arrangements for access to consumption data are patchy and are limiting consumers’ ability to effectively make electricity decisions.  

The Authority has published a consultation paper on access to consumption data that proposes amending the Code.
The Authority invites submissions on the consultation paper by 5pm on Tuesday, 26 August 2014.
 
Back to top Back to top
 
 
 
 
 
 
 

Consultation on Transpower operational review of the TPM 
 
 

Transpower has published an initial consultation on their operational review of the Transmission Pricing Methodology (TPM).

In late May 2014, Transpower initiated a review to address some potential problems with the current TPM. Transpower is now seeking stakeholders’ views on the potential problems they have identified and their views on a set of possible options for addressing these problems. 

Responses are invited by Friday 8 August 2014.

Back to top Back to top
 
 
 
 
 
 
 

Compliance update
 
 

The Authority’s latest Compliance Update is available 

Back to top Back to top
 
 
 
 
 
 
 

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

Proposed Code amendment - 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

Back to top Back to top
 
 
 
 
 
 
 

NZ electricity hedge contract - 11 July 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 contracts as a standard section of its weekly Market Brief.

Back to top Back to top
 
 
 
 

Unsubscribe • Update your subscription preferences

 
Level 7, ASB Bank Tower, 2
Hunter Street, PO Box 10041,
Wellington 6143, New Zealand
TEL + 64 4 460 8860
FAX + 64 4 460 8879
EMAIL: info@ea.govt.nz