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Market Brief: 8 March 2022

Contents

Settlement Residual Allocation Methodology Consultation: Submissions published

The submission period for the proposed principles for a new settlement residual allocation methodology (SRAM) ended on 1 March 2022. The Authority received 16 submissions on the proposed principles which can be viewed on our website along with the consultation documentation. The accompanying supporting information and analysis is available on the EMI website.

We will consider these submissions as part of the next step in deciding on new SRAM principles which will then guide the development of a new methodology for determining the allocation of the settlement residue. 
 
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The Authority welcomes submissions on our current consultations

The Authority is consulting on the MDAG 100% Renewable electricity supply issues paper. You can watch our stakeholder workshop and Q&A sessions here. Submissions can be emailed to mdag@ea.govt.nz with ‘MDAG 100% Renewable power supply - MDAG issues discussion paper in the subject line’. Submissions close on 16 March 2022.
  
We are also consulting on the hedge market enhancements Code amendment. You can read more about this consultation here. The Authority is consulting on changes to the Electricity Industry Participation Code 2010 (the Code) to support the introduction of the first iteration of a commercial market-making scheme. Submissions can be emailed to WholesaleConsultation@ea.govt.nz

2022 Board meeting dates

The Authority’s 2022 Board and Board Committee meeting dates are now published on our website. Click on the link below for more details.
 
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Current consultations

100% Renewables electricity supply issues paper: MDAG

Ending: 5pm, 16 March 2022

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Hedge market enhancements: Code amendment consultation

Ending: 5pm, 29 March 2022

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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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