General news
Cross-submissions invited on instantaneous reserve cost allocation
- Generation
- Code
The Electricity Authority is now accepting cross-submissions on proposed changes for instantaneous reserve costs allocation.
We are proposing to amend the Electricity Industry Participation Code 2010 to update the way instantaneous reserve procurement costs are allocated to generators.
The initial consultation period closed on Friday 23 August and submissions have been published. We are expecting a late submission from Contact Energy which will be published on Wednesday morning, 28 August.
Cross-submissions should address our proposed changes to the cost allocation methodology requiring more generators to pay an appropriate share of the instantaneous reserve procurement costs, both now and in the future.
Cross-submissions should be sent to operationsconsult@ea.govt.nz by 5pm, Friday 30 August.
Related News
Wind will play a larger role in electricity generation
In Aotearoa New Zealand, wind generation is growing. Wind farms currently make up around 11% of our total electricity generation capacity, the majority of whic…
Code exemption granted to Meridian – Retail Market Monitoring Notice
The Electricity Authority has granted Meridian Energy Limited an exemption from certain data reporting requirements under the Retail Market Monitoring Notice.
The Electricity Industry Participation Code gets a digital makeover
The Electricity Authority has transformed the Electricity Industry Participation Code into an interactive online resource. The new Code online is easier to use…