1 November 2016

 

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

 
 

Contents

 
 
 
 
 
 
 
 

Submissions on proposed extended reserve Code amendments

 
 

We have published submissions in response to our consultation paper proposing 12 operational amendments to the Electricity Industry Participation Code 2010 (Code). The amendments are to correct and clarify aspects of the extended reserve regime, and prevent unintended consequences in operating it.

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Code Amendment: Electricity Industry Participation Code Amendment (Generation Fault Ride Through) 2016

 
 

On 24 November 2016 the Electricity Industry Participation Code Amendment (Generation Fault Ride Through) 2016, will come into force.

The amendments are to Parts 1 and 8 of the Code.

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Wellington Anniversary Day (23 January 2017)

 
 

The market administrator gives notice to participants that Monday, 23 January 2017 (Wellington Anniversary Day) is declared not to be a business day.

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Current consultations

 
 

WAG discussion paper: Instantaneous reserve event charge and cost allocation

The Wholesale Advisory Group (WAG) seeks feedback from interested parties on the Instantaneous Reserve Event Charge and Cost Allocation discussion paper. 

Started: 11/10/2016; Ending 22/11/2016 5 pm

Stress test regime review

We have reviewed the stress test regime to ensure it continues to promote the reliability and efficiency limbs of the Authority’s statutory objective in the face of changing market conditions.

Started: 18/10/2016; Ending 29/11/2016 5 pm

Customer compensation scheme review

We have reviewed the customer compensation scheme (CCS) to ensure it continues to promote the reliability and efficiency limbs of the Authority’s statutory objective in the face of changing market conditions.

Started: 18/10/2016; Ending 29/11/2016 5 pm

Code Review Programme 2016

We’ve published a consultation paper seeking views on a number of small changes we propose making to the Code.  

Started: 18/10/2016; Ending 29/11/2016 5 pm

Levy-funded appropriations and strategic priorities for 2017/18

We’ve published a consultation paper setting out and seeking feedback on our proposed appropriations, strategic priorities and programmes for 2017/18.  

Started: 25/10/2016; Ending 6/12/2016 5 pm

Requirements and processes for audits: New guidelines

We are consulting on guidelines and supporting information for auditors and audited participants, to reflect changes to the Code that will come into force on 1 June 2017.

Started: 25/10/2016; Ending 20/12/2016 5 pm

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