Market Performance Group
The Market Performance Group is responsible for leading the Authority's market analysis.
Dr Bruce Smith - General Manager Market Performance
Dr Bruce Smith has over 12 years experience in the electricity industry. Before being appointed the Authority's General Manager Market Performance, Dr Smith was the Electricity Commission's Director of Modelling and Forecasting. He joined the Commission at its inception in 2004, and was responsible for setting up the energy modelling and forecasting team, providing modelling and analytical support to the Commission and models for wider industry use.
Prior to that, Dr Smith was Strategy Development Group Manager and Network Support Engineer at Transpower New Zealand Limited.
He gained a doctorate in power system engineering in 1996 from Canterbury University, and was subsequently a research Fellow at the University for three years.
In 2010, Dr Smith was elected as a Fellow of IPENZ for his contribution to the advancement of engineering practice and knowledge and particularly his contribution to developing engineering and economic models of New Zealand's electricity generation, transmission and distribution system.
The Market Performance Group's responsibilities include:
- monitoring electricity market performance;
- providing market analysis and modelling, data management and services, and analytical support to other groups in the Authority, in particular the Market Design and Operations Development groups;
- comprehensive reporting on investigations into electricity market performance, to provide transparency for industry participants and other interested parties, and to assess whether any Code changes need to be contemplated; and
- developing analytical models for use by the Authority, industry participants and other stakeholders, including:
- Electricity Market Information tool (EMI), a user interface currently under development which provides access to the Authority's analytical models, including vSPD and GEM;
- Vectorised Scheduling, Pricing and Dispatch model (vSPD), which replicates the scheduling, pricing and dispatch software used by the industry; and
- Generation Expansion Model (GEM), a model of the New Zealand electricity generation sector.