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4 August 2020
Welcome to Market Brief, the Electricity Authority’s weekly update on regulatory and market developments.

Contents

Market Performance Quarterly Review July 2020

This review covers a broad range of topics in the electricity market and provides data and commentary. It is now published quarterly to provide visibility on some of the regular monitoring undertaken by the Authority. This review covers April to June 2020, including the impact of the Government’s response to COVID-19 on the electricity market. It also includes special topics on the November 2019 grid events and an analysis of spot price drivers .
Read more

Stakeholder workshops: Updating the Medically Dependent Consumer and Vulnerable Consumer guidelines

We are hosting a series of workshops to inform the update of the guidelines for vulnerable and medically dependent consumers.

On 29 July the Authority hosted its third workshop. At this workshop participants:
  • debated the application of the agreed layered approach to guidance vs prescribed actions, and
  • tested a prototype of recommendations against some consumer scenarios.
You can see the workshop presentation and output slides here.

Based on stakeholder feedback we have decided to change the dates of the workshops for the coming six weeks.

We will hold a zoom only session on 13 August to discuss the application of the guidelines and key policy questions. 

Our fourth workshop will be a whole-day in-person event in Wellington on 9 September. At this workshop we will work through the strawman package in more detail. 
Read more and register

HME: industry consultation on securing access to better hedging data consultation paper submissions published

On 23 June 2020 the Authority published a consultation paper HME: industry consultation on securing access to better hedging data, and invited stakeholder feedback.

Submissions closed on 21 July. Eight submissions were received and are now available on our website.

Meeting papers from MDAG meeting published

We have published the meeting pack from the Market Development Advisory Group (MDAG) meeting held on 17 June 2020. This includes a summary of cross-submissions on the High Standard of Trading Conduct consultation.
Read more

UTS preliminary decision submissions close 11 August 2020

The period to make submissions on the UTS preliminary decision closes at 5.00pm on 11 August 2020. The Authority will accept cross-submissions from 12 August 2020 to 5.00pm on 2 September 2020.

The preliminary decision and information on making a submission is available here

All submissions will be published on the Authority’s website. If you consider that the Authority should not publish any part of your submission, clearly indicate which information should not be published, please explain why, and provide a version of your submission that can be published for the Authority’s consideration.

Please note all submissions received, including any parts that are not published, can be requested and may be released under the Official Information Act 1982.

Reminder: Survey and briefing on wholesale market information disclosure consultation paper - 14 August 2020

We have published our Wholesale market information disclosure: review of thermal fuel disclosure consultation paper. 

We will be holding a briefing from 10.00am-12.00pm on Friday, 14 August. Please email: WMID@ea.govt.nz to register your interest in attending in person or by video conference.

In advance of the briefing we are inviting all participants to complete a survey. 

Click the link below  for more details and access to the survey. The survey will close at 5.00pm on Friday 7 August.
Read more

Current consultations

Top Energy application for exemption from corporate separation and arms length rules

Ending today at 5.00pm

Read more

UTS preliminary decision

Ending: 11/08/2020 5pm

Read more

Proposed changes to the system operator procurement plan

Ending: 11/08/2020 5pm

Read more

Wholesale market information disclosure

Ending: 01/09/2020 5pm

Read more
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