29 March 2016

 

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

 
 

Contents

 
 
 
 
 
 
 
 

AS/NZS ISO 9001:2016 deemed equivalent to AS/NZS ISO 9001:2008

 
 

The International Organization for Standardization recently revised ISO 9001:2008 and republished the standard in September 2015. Standards New Zealand published AS/NZS ISO 9001:2016 on 26 February 2016. 

For the purposes of certifying reconciliation participants under clause 5 of Schedule 15.1 of the Electricity Industry Participation Code 2010, we have deemed AS/NZS ISO 9001:2016 to be equivalent to AS/NZS ISO 9001:2008, effective from 10 March 2016.

ISO 9001:2015 retracted as a deemed equivalent to ISO 9001:2008

We retract the memo dated 15 March 2016 in which we deemed ISO 9001:2015 to be an equivalent to ISO 9001:2008, effective from 10 March 2016. ISO 9001:2015 is not an equivalent because it is the international standard and not the New Zealand version.

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Nominations for the Retail Advisory Group and the Wholesale Advisory Group are due today

 
 

The call for nominations for members of the Retail Advisory Group (RAG) and the Wholesale Advisory Group (WAG) are due today at 5pm. 

The RAG provides independent advice to the Authority's Board (Board) with a focus on the relationships between retailers, distributors and consumers. 

The WAG provides independent advice to the Board on projects concerning the design of the wholesale electricity market. This includes wholesale electricity, ancillary services and risk management contracts.

We are seeking members for the RAG and WAG who can bring:

  • strategic, commercial, and regulatory expertise
  • knowledge and expertise from a relevant component of the electricity supply chain
  • an ability to contribute effectively to the advisory group’s tasks
  • an ability to contribute to the advisory group by providing independent advice, regardless of whether or not they are an independent person
  • a high level of integrity and credibility within the electricity industry.

We are particularly interested in receiving nominations from stakeholders who have experience in non-traditional and new and growing areas of the sector, eg, energy market services.

Further information about the RAG and WAG, and nomination forms, are available on our website.

Please email nominations to rag@ea.govt.nz or wag@ea.govt.nz by 5 pm today, with ‘Nomination for Retail Advisory Group’ or ‘Nomination for Wholesale Advisory Group’, whichever applies, in the subject line.

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Current consultations

 
 

Default distribution agreement

We have published a consultation paper that proposes to introduce a default agreement for distribution services.

Started: 26/01/2016; Ending 19/04/2016 5 pm

National market for instantaneous reserve

We have published a consultation paper that proposes to alter the way instantaneous reserve availability costs are allocated.

Started: 08/03/2016; Ending 26/04/2016 5 pm

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