21 May 2019

Welcome to Market Brief, the Electricity Authority’s weekly update on regulatory and market developments.

Contents

Compliance investigations commenced and open for participants to join

The Authority has commenced investigations into the following alleged breaches of the Electricity Industry Participation Code 2010 (Code). 

  • The market administrator alleged that Genesis Energy Limited’s offers when Tekapo A was operating islanded between 6 and 9 August 2018, breached the high standard of trading conduct requirement under clause 13.5A of the Code.
  • Haast Energy Trading Limited alleged that Genesis Energy Limited breached clause 13.2A by not disclosing Meridian Energy Limited’s call of a swaption.
  • Haast Energy Trading Limited alleged that Meridian Energy Limited breached clause 13.2A by not disclosing its call of a swaption with Genesis Energy Limited.
  • Transpower New Zealand Limited, as the system operator, self-reported that it failed to procure the correct amount of fast instantaneous reserve (FIR) between 18 January 2018 and 17 January 2019, when the Whirinaki generating station was dispatched to provide FIR. The alleged breaches were the result of a software error. The over-procurement occurred during 78 trading periods across 14 trading days. 
  • Transpower New Zealand Limited, as the grid owner, self-reported that it failed to provide the system operator with an updated actual operational status of the Roxburgh special protection scheme from 13 June 2017 to 9 August 2018.

Participants who consider they are affected by any of the above matters being investigated may join as a party to the investigation. To join an investigation, participants should notify the investigator no later than 28 May 2019. The investigator’s contact details are in the notice of investigation on our website.

Back to top Back to top

Default Distributor Agreement consultation timing

Following the recent Court of Appeal decision, the Authority has made some minor changes to its proposed Default Distributor Agreement (DDA), and will be ready to release the DDA proposal for consultation in June. We are, however, conscious of the other demands on stakeholders during this period. This includes the two price-quality path consultations being released by the Commerce Commission at the end of May, and the transmission pricing consultation that we are expecting to release at the end of June. 

We will be discussing this with the Electricity Network Association (ENA) and the Electricity Retailers’ Association (ERANZ) to better understand whether their members would prefer us to consult on the proposed DDA as soon as possible, or to delay consultation.

We welcome any direct feedback you would like to provide to us on this question. Please email your feedback to submissions@ea.govt.nz, with “DDA consultation timing” in the subject line, by 5pm on Friday, 31 May.

Back to top Back to top

IPAG meeting papers and minutes published

We have published the Innovation and Participation Advisory Group (IPAG) papers from its meeting on 7 May 2019.

The IPAG spent time identifying input service requirements for the Additional Consumer Choice of Electricity Services (ACCES) project. The group also heard from various industry participants on their experiences with peer-to-peer trading, the internet of things, and data access.

We have also published the minutes from the IPAG meeting held on 10 April 2019. 

Back to top Back to top

MDAG minutes published

We have published the minutes from the Market Development Advisory Group (MDAG) meeting held on 26 March 2019. 

Back to top Back to top

Reminder: Quick wins for increasing access to electricity services consultation – roundtable session including Privacy Commission

On 30 April 2019 we released a consultation paper on ways we can make it easier for customers to share their historic consumption data with organisations they trust.

Anyone with an interest is invited to a roundtable session on the three proposed initiatives in late May 2019. There will be the opportunity to ask questions and get a better understanding of what is proposed.
It will also give people the opportunity to hear from the Office of the Privacy Commissioner on how the Privacy Act is consistent with such innovation.

If you have a question you would like to see addressed at the roundtable, you could email it ahead of time to conference@ea.govt.nz.

The roundtable will be held in Wellington on 27 May 2019 at 2pm. For full details please see the ACCES webpage here.

To register to attend the roundtable please email conference@ea.govt.nz

Back to top Back to top

Current consultations

Quick wins for increasing access to electricity services

We are consulting on proposed steps to make it easier for electricity consumers to share their historical consumption data with organisations they trust. This is part of our Additional Consumer Choice of Electricity Services (ACCES) project which seeks to enable greater consumer uptake of electricity services.

Started: 30/04/2019; Ending: 11/06/2019 5pm

Consultation calendar

Download and view our high-level consultation calendar (PDF)

Back to top Back to top