Transmission pricing methodology: Problem definition relating to interconnection and HVDC assets—working paper
As part of its review of the transmission pricing methodology (TPM), the Authority has prepared a problem definition working paper to clarify its views on problems with existing TPM charges for interconnection and HVDC assets.
This paper builds on the problem definition provided in the October 2012 issues paper, taking into account submissions on the October 2012 issues paper, responses to the Authority's questions at the May 2013 TPM conference, and submissions on problems identified in the Authority’s working papers to date.
The problem definition working paper focuses on problems with the TPM in relation to interconnection and HVDC assets, and the prudent discount policy. The Authority considers that problems with connection charges, the recovery of the costs of network reactive support, and the treatment of loss and constraints excess income have been addressed in other consultations.
Issues identified with the current TPM and not addressed in this paper will be addressed in the second TPM issues paper which will be released in 2015.
Submissions on this consultation paper are due by 5pm on Tuesday, 28 October 2014.
Proposed Code amendments: Implementing retailer default—Appendix A and deadline extension
The Authority recently released a consultation paper on proposed Code amendments to implement retailer default. Unfortunately, Appendix A of the consultation paper, that provided the proposed drafting of the Code amendments, was not attached to the published document. The complete consultation paper, including Appendix A, is now published on the Authority’s website.
As a result of this publication error, the Authority has extended the deadline for submissions on the consultation paper to Friday 10 October 2014.
The Authority has produced a guideline on using statistical sampling to recertify category 1 metering installations. This guideline is available on the Authority website.
The Electricity Authority will shortly issue a request for proposal (RFP) seeking candidates for the newly-created role of extended reserve manager (ERM). The ERM is the market operations service provider who will select the most suitable electrical load to provide extended reserve under the new arrangements that were put in place in August 2014. The first selection run is planned to take place in August 2015.
The RFP and the accompanying documents will be released through the Government GETS website in the next month or two.
Parties who wish to indicate early interest in taking part in the RFP process, and to receive a copy of the RFP documents, should send an email to info@ea.govt.nz, with ‘ERM Role’ in the subject line, giving the name of your organisation and contact details, by 5pm 30 September 2014.
The link below will take you to a description of the role and functions of the ERM. The description is not exhaustive, but should give a good indication of what the role entails.
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.
