The Code
The Code sets out the duties and responsibilities that apply to industry participants and the Authority.
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5th October 2017 |
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5th October 2017 |
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5th October 2017 |
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Market operation service providers Part 3 relates to the market operation service providers. It includes force majeure provisions and accountability requirements. |
5th October 2017 |
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Force majeure provisions relating to ancillary service agents Part 4 contains force majeure provisions relating to ancillary service agents. |
5th October 2017 |
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Regime for dealing with undesirable trading situations Part 5 contains provisions that specify how to deal with undesirable trading situations. |
15th May 2014 |
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Connection of distributed generation Part 6 contains provisions relating to the connection of distributed generation. |
5th October 2017 |
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Part 7 relates to the system operator. It includes provisions relating to the system operator's principal performance obligations, and to security of supply and emergency management. |
5th October 2017 |
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Part 8 relates to common quality. In particular, Part 8 concerns the performance obligations of asset owners, arrangements concerning ancillary services, a process for procuring extended reserve, and technical codes. |
5th October 2017 |
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Part 9 relates to security of supply. It includes provisions relating to system operator rolling outage plans, and participant rolling outage plans, urgent temporary grid reconfigurations and customer compensation schemes. |
5th October 2017 |
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Part 10 sets out certain obligations of participants in relation to metering, including processes and responsibilities for testing, calibrating and certifying metering installations. |
12th January 2018 |
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Registry information management Part 11 provides for the management of information held by the Registry, a process for switching customers and embedded generators between retailers, and a process for managing events of default by traders. |
5th October 2017 |
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Part 12 relates to transmission. It includes provisions about transmission agreements, grid reliability and industry information, the transmission pricing methodology, financial transmission rights, interconnection asset services, and the preparation of an Outage Protocol. |
5th October 2017 |
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Distributor use-of-system agreements and distributor tariffs Part 12A was inserted into the Code from 1 December 2011. It contains provisions relating to distributors' use-of-system agreements and distributors' tariffs. |
5th October 2017 |
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Part 13 provides for processes including those that apply when: purchasers and generators submit and revise bids and offers for electricity, grid owners submit and revise information, ancillary service agents submit reserve offers and the system operator collects information; the system operator prepares schedules and issues dispatch instructions; the clearing manager holds must-run dispatch auctions; the pricing manager collects data and produces provisional prices and final prices; generators apply for approval from the Authority Board to have co-generator status; and information about risk management contracts is disclosed; and financial transmission rights are created and allocated. |
6th November 2017 |
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Part 14 provides for: the sale and purchase of electricity to and from the clearing manager, how the clearing manager calculates and invoices amounts owing to and by the clearing manager for electricity, ancillary services, FTRs and other payments, the settlement of amounts payable, processes and remedies for an event of default, and the obligations of the clearing manager in relation to clearing and settlement, including reporting and the operation of an operating account. |
5th October 2017 |
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Part 14A sets out the requirements for prudential security to be provided by participants, and how they are administered by the clearing manager. |
5th October 2017 |
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Part 15 describes: how reconciliation participants prepare and provide submission information, how the reconciliation manager calculates responsibility for electricity among reconciliation participants, how the reconciliation manager must pass information to the clearing manager for the calculation of invoices, the requirements for the creation, approval and maintenance of profiles; and the requirements for audits, approvals and certifications. |
5th October 2017 |
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Special provisions relating to Rio Tinto agreements Part 16 was revoked on 16 December 2013 by the Electricity Industry Participation (Revocation of Part 16) Code Amendment 2013. |
16th December 2013 |
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Part 16A specifies obligations on participants that perform functions under Parts 10, 11, and 15 in respect of audits required under clauses 10.17A, 10.17B, 11.8B, 11.10, 11.11, 15.37A, 15.37B, and 15.37C. |
5th October 2017 |
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Part 17 includes the transitional provisions. It addresses the transition from the Electricity Governance Rules 2003 to the Code, and the transition to new arrangements for settlement and prudential security put in place in March 2015. |
5th October 2017 |
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Documents incorporated into the Code by reference The following documents are incorporated by reference into the Code. |
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Historical versions of the Code |
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Amendments |
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Code exemptions |
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How the Code maps to the Electricity Governance Rules We've developed a quick guide to show how various parts of the Code (as at 1 November 2010) are mapped to the Electricity Governance Rules 2003. |
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Approved Systems Document |
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