System operator's annual self-review
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We have published the system operator’s annual self-review of its performance, for the 2019/20 year.
The self-review is available below.
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Cross-submission published: proposed changes to the system operator procurement plan
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We have published the system operator’s cross-submission on our consultation paper on proposed changes to the system operator’s procurement plan. We will now make a decision on the proposal.
The submissions and cross-submission are available below.
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We have discontinued the following investigation into an alleged breach of the Code.
Genesis Energy Limited was alleged to have breached clause 13.82(2) of the Code when it failed to comply with a dispatch instruction issued to its Huntly power station for generating Unit 6. Unit 6 exceeded its dispatched level by 38MW from 7.30pm to 7.45pm on 26 February 2020.
Notification of our decision and reasons are available below.
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Extension for cross-submissions on UTS preliminary decision
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The Authority has extended the period for cross submissions on the UTS preliminary decision consultation by one week.
Cross submissions will now be accepted until 5.00pm Wednesday, 16 September 2020.
We have republished Genesis’s submission on the preliminary decision paper. On our request, Genesis has included previously redacted information.
You can view the preliminary decision paper and submissions below.
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Reminder: Removing requirement for FTR manager to calculate the amount of LCE to be applied to FTRs
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Each month the loss and constraint excess (LCE) is split between the settlement of the FTR market and transmission customers. This split is determined using Schedule 14.3 of the Electricity Industry Participation Code 2010 (Code) and is based on the portion of the transmission grid over which FTRs can be traded. Any LCE not used to settle FTRs is also returned to transmission customers. Since shifting to an eight hub FTR market in June 2018, on average 90% of the LCE is available for settlement of FTRs. The amount of LCE required to settle the FTR market is almost always less than the LCE made available.
The Authority is proposing to revoke Schedule 14.3 of the Code and make consequential amendments to clause 14.16 and 14.20 of the Code so that all LCE is available for the settlement of the FTR market.
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Authority's proposal to close the retailer debt deferral scheme
Ending: 15/09/2020 5pm
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Cross-submissions on UTS preliminary decision
Ending: 16/09/2020 5pm
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Removing requirement for FTR manager to calculate the amount of LCE to be applied to FTRs
Ending: 29/09/2020 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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