INDEPENDENT NEWS

Market Brief - 15 November 2010

Published: Mon 15 Nov 2010 01:51 PM
Market Brief - 15 November 2010
Contents
Quarterly disconnection and bond statistics 1
New transmission agreement published 1
Strategic management vacancies 1
Summary of Submissions – Locational Price Risk Management 2
Interim Advisory Group arrangements 2
Current consultations 2
Electricity Authority contact information 2
Quarterly disconnection and bond statistics
• The Electricity Authority has released the disconnection and bond statistics for the third quarter of 2010. They are available at:
http://www.ea.govt.nz/industry/market/statistics-reports/
New transmission agreement published
On 11 November 2010, Transpower provided the Authority with a certified copy of a new transmission agreement between it and WEL Networks.
In accordance with clause 12.15(3) of Part 12 of the Electricity Industry Participation Code 2010, the Authority has published this agreement. Details are available at:
http://www.ea.govt.nz/industry/transmission/code-regulations/transmission-agreements
Strategic management vacancies
The Authority has established three new Wellington-based roles which will not only contribute to the strategic direction of the organisation, but also lead significant development of the electricity market in New Zealand. The roles are:
• GM Market Design
• GM Operations Development
• GM Legal and Compliance
Further details are available at:
www.ea.govt.nz/careers
Summary of Submissions – Locational Price Risk Management
A summary of submissions received on the consultation paper: Locational Price Risk Management proposal, has been published, details are available at:
http://www.ea.govt.nz/our-work/consultations/priority-projects/lpr-management-proposal/submissions/
Interim Advisory Group arrangements
Until new advisory groups are established in accordance with provisions of the Electricity Industry Act 2010, the Authority will continue to use a number of the Electricity Commission’s advisory groups. The continuation of these groups is a transitional arrangement designed to ensure that high-priority industry development continues uninterrupted.
Current consultations
• Draft interpretation of the Authority’s statutory objective. The paper is available at: http://www.ea.govt.nz/our-work/consultations/corporate/statutory-objective Responses should be provided to submissions@ea.govt.nz by 5.00 pm Monday, 29 November.
• Draft consultation charter. The paper is available at: http://www.ea.govt.nz/our-work/consultations/corporate/consultation-charter
Responses should be provided to submissions@ea.govt.nz by 5.00 pm Monday, 29 November.
• Draft charter for Advisory Groups and the Security and Reliability Council. The paper is available at: http://www.ea.govt.nz/our-work/consultations/corporate/advisory-groups-charter
Submissions should be provided to submissions@ea.govt.nz by 5.00 pm Monday, 29 November.
ends

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