10 October 2017

 

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

 
 

Contents

 
 
 
 
 
 
 
 

Decision on Top Energy's application for exemption under section 90

 
 

We have decided to grant an exemption, with conditions, to both Top Energy Limited and Ngawha Generation Limited, from complying with arm’s-length rules 9 and 10 of the Electricity Industry Act 2010 for Top Energy’s involvement in Ngawha, and vice versa. As part of granting this exemption we will revoke Top Energy’s existing exemption (decision no. 603) granted under the Electricity Industry Reform Act 1998.

In making this decision we have considered comments received on the draft decision paper (published on Tuesday, 11 July 2017). We have published a final decision paper which includes our responses to concerns raised and explains the reasons for granting this exemption. 

We will publish the exemption notice on our website later this week, after it is Gazetted.

At a later date, we will publish a draft decision paper on Top Energy’s application for exemption under section 90, relating to generation for network support.

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Draft determinations of the causers of the 2 March 2017 under-frequency events

 
 

We have published a consultation paper about our draft determinations of the causers of the under-frequency events on 2 March 2017. We will consider submissions on this consultation before we make a final decision of the causers.

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Draft determination of the causers of the 11 and 15 June 2017 under-frequency events

 
 

We have published a consultation paper about our draft determinations of the causers of the under-frequency events on 11 and 15 June 2017. We will consider submissions on this consultation before we make a final decision of the causers.

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Call for nominations for Standing Data Formats Group

 
 

We are calling for nominations for one distributor member and two metering equipment provider members to the Standing Data Formats Group (SDFG). The SDFG provides independent advice to the Authority on information exchange protocols between:

  • participants and the market operation service providers
  • participants and consumers
  • participants and third-party providers.
The expected term of appointment is three years. We intend to appoint the successful nominees in November 2017.

Nominations and accompanying documents (as described in the call for nominations) should be emailed to marketoperations@ea.govt.nz, with 'Nomination for SDFG membership' in the subject line, by 5 pm on Tuesday, 31 October 2017.

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Electricity Industry Participation Code Amendment (Spot Price Risk Disclosure) 2017

 
 

On 6 November 2017 the Electricity Industry Participation Code Amendment (Spot Price Risk Disclosure) 2017, will come into force.

The amendment is to Part 13 of the Code.

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Registry user group meeting 2017

 
 

We encourage registry users to keep up-to-date with the latest plans and changes.  

Jade Software is holding its registry user group meeting in Wellington on Thursday 23 November, from 9 am to 1 pm. 

To assist Jade to provide a useful and informative experience, they would like to hear suggestions about what to include in the meeting. 

To send your suggestions, or if you would like to attend, a form is available on Jade’s website.

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Current consultations

 
 

Treatment of prudential offsets in the wholesale market

We have published an issues and options paper that identifies a range of development options that, in theory, could better integrate the arrangements for clearing and settling exchange-traded products and other wholesale market transactions.

Started: 22/08/2017; Ending 31/10/2017 5 pm

Wind offer arrangements

We have published a consultation paper for our proposal to amend the Code to improve the offer arrangements for wind generation. The proposed amendment would allow wind generators to offer their generation in up to five price bands, like most other generators.

Started: 26/09/2017; Ending 7/11/2017 5 pm

Data and data exchange for market transactions

We have published a consultation paper on data and data exchanges for market transactions. We want to make sure data and data exchange arrangements continue to promote the competitive, reliable and efficient operation of the electricity industry.

Started: 26/09/2017; Ending 7/11/2017 5 pm

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