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
Eye on electricity: Five-minute price volatility and intermittent generation
Most new electricity generation capacity built in New Zealand in recent years has been solar or wind. Our monitoring of generation investment shows that this t…
Correction to consultation paper: reforming network pricing for distributed generation
The consultation paper that seeks feedback on proposed changes to the ‘distributed generation pricing principles’ has been updated to correct an error in Appen…
Eye on electricity: ASX futures price volatility
New Zealand has a highly renewable electricity system that uses hydro, geothermal, wind and solar generation. However, high levels of renewable generation cont…