Initiatives to increase the efficiency of electricity market operations. In particular, we look at refining processes set out in the Code and initiatives to improve market systems. This programme primarily aligns with our ensure fit-for-purpose market services strategy and also contributes to other strategies.
The Authority will be facilitating the development of updated guidelines for vulnerable and medically dependent consumers through an extensive engagement process with stakeholders.
Latest Activity: 22 Oct – 11 Nov 2020 Consultation workshops
The dispatch service enhancement project (previously the Electronic Dispatch Facility Phase III project) will deliver improved flexibility and resilience of the system used to communicate and acknowledge dispatch instructions.
Latest Activity: 14 Sep – 31 Dec 2020 Transpower DSE project - transition update September 2020
The Authority proposes a Code Review Programme (CRP), which will result in an annual Code amendment.
Latest Activity: 1 Sep 2020 Code Review Programme 2019 - Decision and reasons paper
To reduce the costs of running the Financial Transmission Rights (FTR) market we are proposing to remove the rentals calculation and allow the FTR market to settle using all available LCE.
Latest Activity: 18 Aug 2020 Background on removing Schedule 14.3
We regularly consult on the System Operator's proposed changes to the Policy Statement and Procurement Plans
Latest Activity: 21 Jul – 11 Aug 2020 Consultation on proposed changes to the system operator procurement plan
Latest Activity: 28 Jan 2020 Decision: EIEP1 standardised reporting methodology
The Authority is undertaking an operational review of the consumer and installation control point (ICP) identifier switching process between traders. The Electricity Industry Participation Code 2010 sets out the process where an ICP identifier is transfer
Latest Activity: 22 Oct – 17 Dec 2019 Switch Process Review - Issues with the ICP switching processes and possible options to address these issues
The Authority is undertaking an operational review of Electricity Information Exchange Protocols.
Latest Activity: 5 Aug 2019 Implementation memos
The Electricity Authority (Authority) is reviewing Part 10 to ensure it is operationally efficient and to correct errors and omissions that have been collected since its original implementation over three years ago.
Latest Activity: 20 Sep 2018 Update
From time to time there will be minor enhancements that are needed to improve efficiency or to ensure the integrity of the Code.
Latest Activity: 11 Sep 2018 Market enhancement omnibus forum
The Authority is consulting on minor changes to ICP status reasons and register content codes.
Latest Activity: 04 – 21 Jul 2017 Proposed minor amendments to ICP status reasons and register content codes
Scarcity pricing refers to arrangements to modify prices in the wholesale electricity market (spot market) when the system operator reduces demand through administrative action.
Latest Activity: Apr 2016 Background
The Authority is progressing a significant body of work that had been undertaken to date by the Electricity Commission and other industry groups regarding electricity retail contracting arrangements.
Latest Activity: 9 Feb 2016 Two further alignment reviews
The purpose of this project is to standardise the approach to the calculation and maintenance of technical and non-technical loss factors in distribution networks.
Latest Activity: 19 Feb – 16 Apr 2013 Loss Factor Methodologies
|Proposal to permit ATHs to amend certification reports||Outcome:||Completed:|
|Under the Code, metering equipment providers (MEPs) are responsible for providing metering installations and for ensuring they comply with various requirements set out in the Code. MEPs contract ATHs to test and certify the components of, and the whole of, a metering installation, to ensure the metering installation complies with the Code.||We have made the amendment to clause 8A of Schedule 10.7 of the Code permanent.||04 Sep 2018|
|Proposed guideline for connection and electrical connection||Outcome:||Completed:|
|The Authority is seeking feedback on a proposed guideline for connecting and electrically connecting points of connection.||We have completed our review and amended the Connection and electrical connection guidelines.||26 Jun 2018|
|2017 operational review of register content codes||Outcome:||Completed:|
|The Authority is conducting an operational review of register content codes||We have completed our operational review of the register content codes and made several changes.||20 Mar 2018|
|Review of participant audit regime||Outcome:||Completed:|
|The Electricity Authority (Authority) is seeking to review the participant audit regime (audit regime) to ensure its purpose is well defined and identify changes to the regime that will improve participant’s compliance with the Electricity Industry Participation Code 2010 (Code) and reduce the cost and effort associated with participant audits.||We have completed our review of the participant audit regime and made several improvements.||16 May 2017|
|Registry manager service provider tender||Outcome:||Completed:|
|The Authority is tendering for the service provider role of: registry manager.||Authority appoints Jade Software Corporation (NZ) Limited as market operation registry manager.||06 Mar 2017|
|Authority changes to the 2016 FTR Allocation Plan||Outcome:||Completed:|
|The Authority is consulting on two proposed changes to the 2016 FTR allocation plan, submitted by the FTR manager to the Authority on 6 May 2016.
||Changes were made to the FTR Allocation Plan.||15 Nov 2016|
|Operational enhancements to dispatchable demand||Outcome:||Completed:|
|This page will cover any enhancements or improvements that may be made to the dispatchable demand regime from time to time.||This project has been completed.||04 Oct 2016|
|Operational changes to the Registry functional specifications||Outcome:||Completed:|
|The Authority occasionally needs to consult or otherwise engage with participants over changes to the Registry functional specifications.||We consulted on three separate proposals for amendments to the registry functional specification between December 2013 and June 2016. Each consultation resulted in changes to the registry functional specification.||08 Aug 2016|
|Market operation service provider tender||Outcome:||Completed:|
|The Authority was tendering for the service provider roles of: pricing manager, reconciliation manager, wholesale information trading system (WITS) provider, clearing manager.||Following the MOSP tender process NZX was selected as the successful supplier for the following four roles: Clearing manager; Reconciliation manager; Pricing manager; and Wholesale information and trading system (WITS) manager.||30 Apr 2016|
|The purpose of this project is to fully review the switching process and address any outstanding switching issues following the implementation of Part 10 of the Code.||We have completed our review of the switching process and addressed several outstanding switching issues resulting from the implementation of the new Part 10 of the Code. Amendments were made that came into force on 6 November 2014 and on 9 October 2015.||31 Oct 2015|
|Operational review of Part 6||Outcome:||Completed:|
|The Authority is reviewing Part 6 because it is aware of some specific issues, and for reasons of general good regulatory practice.||The review has considered all of Part 6 other than Schedule 6.4 (Pricing Principles), which the Authority is pursuing under a separate workstream. Amendments were made that came into force on 23 February 2015.||28 Feb 2015|
|Minor Code amendments||Outcome:||Completed:|
|From time to time we may make miscellaneous Code amendments outside projects in our work programme.||We consulted on four proposed Code amendments intended to clarify certain operational obligations. We decided to complete three of these amendments, related to information being provided by the clearing manager and reconciliation manager.||13 Jun 2013|
|System operator and market services review||Outcome:||Completed:|
|The Authority has as a key strategy to ensure fit-for-purpose market services support the efficient and effective operation of the wholesale and retail electricity markets.
In 2015/16 we have undertaken to improve the arrangements for the service provision by the system operator and other market operations service providers. Further adjustments to the arrangements with market operation service providers are anticipated in 2016/17.
|We have amended the Code to improve the way in which the system operator and other market operation service providers perform their roles.||19 Apr 2016|