UTS preliminary decision and technical briefing
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On 30 June 2020, the Authority published a preliminary decision on the UTS claim received on 12 December 2019 from Haast Energy Trading, Ecotricity, Electric Kiwi, Flick Energy, Oji Fibre, Pulse Energy Alliance and Vocus.
The preliminary decision is published on our website. We have also published details of the simulation on github.
The Authority will hold a technical briefing on Friday, 17 July 2020 from 9am to 10.30am. The briefing will be held at Clifton Venues, Level 28/100 Willis Street, Wellington 6011. The Zoom link will be distributed closer to the event date.
Please email uts@ea.govt.nz to register your interest by 5pm Wednesday, 15 July 2020.
Please copy your preference from the options below and paste in your email with your name and contact details.
- I would like to attend the technical briefing in person on Friday, 17 July 2020 at 9am
- I would like to attend the technical briefing via Zoom on Friday, 17 July 2020 at 9am
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Strategy reset 2020 - new strategy released
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 We have reset the Electricity Authority’s strategy in response to the ongoing and rapid changes in the electricity sector.
Five sector ambitions focus us to ensure electricity regulation creates a platform for economic recovery, accelerating growth and wider long-term benefit for New Zealand.
Our ambitions reflect a collective call to action for and by the sector. They have been developed in consultation with staff, the Board and many of our key stakeholders including direct engagement with consumers.
Our new strategy is set out in our Statement of Intent 2020-2024. It contains more detail on the key components of the strategic framework, priority actions we will take and how we are going to measure our progress.
Thank you to everyone who provided insight and feedback during the strategy development process. We have published a document which summarises and reflects how this feedback influenced our final strategic framework and priority actions.
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2020/21 Statement of Performance Expectations
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We have published our Statement of Performance Expectations (SPE) for the 2020/21 financial year.
This contains information about our programmes and business-as-usual functions, as well as our forecast financial statements. The SPE is available to view as a webpage or PDF.
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Draft decision paper: Top Energy application for exemption from corporate separation and arm's-length rules
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Top Energy has applied for an exemption from corporate separation and arm’s-length rules in relation to 17.87 MW of diesel generators on its network. The diesel generators are intended to support reliability on Top Energy’s network.
Under section 90 of the Act, the Authority can grant exemptions from such requirements. The Authority can only grant exemptions if it considers that the application will support or at least not inhibit competition.
The Authority seeks feedback on a draft decision that grants an exemption subject to certain conditions that support competition in the network support services market. The proposed exemption would be granted for 365 days to provide Top Energy with time to meet the other conditions of the exemption.
The draft decision paper is available on our website.
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HME market making submission
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In April 2020 the Authority published a consultation paper Hedge Market Enhancements: Ensuring market making arrangements are fit-for-purpose over time, and invited stakeholder views on the most appropriate approach.
Submissions closed on 16 June, and the 17 submissions received were published on our website. A further submission has been received from NZ Steel, and has been added to our website.
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Hedge Market Enhancements: Industry consultation on securing access to better hedging data
Ending: 21/07/2020 5pm
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UTS preliminary decision
Ending: 11/08/2020 5pm
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Level 7, Harbour Tower, 2 Hunter Street, PO Box 10041, Wellington 6143, New Zealand
Tel: + 64 4 460 8860 Email: communications@ea.govt.nz
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