Undesirable trading situation claim
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Haast Energy Trading, Ecotricity, Electric Kiwi, Flick Energy, Oji Fibre, Pulse Energy Alliance and Vocus have claimed that an undesirable trading situation (UTS) began on 10 November 2019 and was continuing as at 12 December 2019.
The Authority is considering the claim. The claim and letter have been published on our website.
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Saves and win-backs – submissions published
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Thanks to everyone who submitted on the Authority’s ‘Saves and win-backs Code amendment consultation paper 2019’. The consultation closed on Tuesday, 3 December 2019.
We received 16 submissions and these have been published on the Authority’s website.
We appreciate the time and effort stakeholders have invested in providing feedback. We know this is an important decision and we want to make sure we give due consideration to all of the submissions. We will complete our analysis in the new year and expect the Board to make its decision in February 2020.
Please note that any Code amendment following the decision will come into effect at least 28 days after its Gazette notification, as required by the Electricity Industry Act 2010.
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Code Review Programme number 4 September 2019 – submissions published
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In September 2019, we released a consultation paper seeking feedback on a number of discrete amendments to various parts of the Code. Submissions closed on Tuesday, 5 November 2019.
We received 17 submissions and these have been published on the Authority’s website.
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Proposal to amend the requirement for advisory group Chairs to be independent – decision paper published
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We have published our decision on whether advisory group Chairs should remain independent, along with written submissions.
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Annual review of the system operator’s performance
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We have published:
- our annual review of the performance of the system operator (Transpower) for the period ended 30 June 2019
- system operator financial information as an addendum to their annual self-review.
Our review concludes that New Zealanders should feel assured Transpower is fulfilling the system operator role to a high standard and is striving to improve. As with our previous reviews, we were impressed with the system operator’s work on the project to investigate real-time pricing and the system operator’s project management in general.
We have recommended the system operator:
- include reporting of performance trends in its annual self-review of performance
- review the effectiveness of its security of supply practices.
Our annual review and the system operator’s annual self-review are available on our website.
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Work programme report for the four-month period to 31 October 2019
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We have published our work programme report for the period covering 1 July to 31 October 2019. This is a progress report against the work programme we published in July 2019.
The 2019/20 work programme and the 4-month report are available on our website.
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Final Market Brief for 2019
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We will send the final Market Brief for 2019 on Thursday, 19 December. This is in place of next Tuesday’s edition.
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Switch Process Review - Issues with the ICP switching processes and possible options to address these issues – closing today
Ending: 17/12/2019 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: info@ea.govt.nz
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