30 January 2018

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

Contents

Market Development Advisory Group papers published

We’ve published the papers, including the minutes, from the inaugural Market Development Advisory Group (MDAG) meeting on 28 November 2017.
 
The MDAG discussed:

  • the legal and governance environment for advisory groups
  • the group’s purpose, goals and what constitutes success
  • the group’s operating procedures. 

The MDAG also considered and agreed to the Authority’s request to add the Review of spot market trading conduct provisions to its work plan.

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Energy Trader Forum: Market making, good trading conduct, and panel discussion

As part of its work to provide insight and updates for participants in the electricity market, the Energy Trader Forum is hosting its quarterly meeting at Rydges Hotel in Wellington on Wednesday, 14 February (1.30pm–6pm).
 
The meeting will canvass market making and good trading conduct, and feature a panel discussion on achieving more commercial benefit for gas market participants.

Key speakers include Julian McCree, Derivatives Manager at Genesis Energy; Toby Stevenson, Consulting Director at Sapere Research Group; Steve Bielby, Chief Executive of Gas Industry Company; Craig Schubauer, Wholesale Market Manager at Trustpower; and Nick McDougall, Commercial Executive at OMV.

To express interest in attending, please email your name and contact details to trader@freemanmedia.co.nz

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Registry training course

Registrations close this week for a training course for registry users. We’re running the course in Wellington on 21–22 March (9.30am–4.30pm on 21 March and 9am–4.30pm on 22 March). The course is suitable for new registry users and people wanting to learn how the registry works.

Discussion will focus on:

  • operation of the registry and lifecycle of an installation control point (ICP), including the registry roles of distributor, trader and metering equipment provider (MEP)
  • operation of the reconciliation manager portal to upload and download files, manage trade notifications and add/edit changes to network supply points (NSP) and balancing areas.

Numbers for this course are limited. To express interest in attending, please email your name and contact details to conference@ea.govt.nz by 5pm this Friday, 2 February, with ‘March 2018 registry training’ in the subject line. Alternatively, click on the link below.

Please do not book flights and accommodation until you have received confirmation of attendance.

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Current consultations

List of distributed generation eligible to receive ACOT, lower South Island

Consultation closes today on the list of distributed generation in the lower South Island that we propose would be eligible to receive avoided cost of transmission (ACOT) payments.

Started: 05/12/2017; Ending: 30/01/2018 5pm

Multiple trading relationships

We’ve published a consultation paper on Multiple trading relationships. The paper identifies potential barriers that may constrain consumers from using electricity services provided by more than one party at the same time, at the same location (multiple trading relationships).

Started: 28/11/2017; Ending: 27/02/2018 5pm

2018 Code review programme

We’re proposing a number of discrete amendments to various parts of the Code. The amendments largely focus on resolving practical problems created by Code provisions that impede the efficient operation of the industry.

Started: 16/01/2018; Ending: 06/03/2018 5pm

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