General news

Decision on TPM improvements and consultation extension

  • Transmission
  • Code

In May 2023, we consulted on minor changes to the new transmission pricing methodology (TPM) to address some technical issues identified by Transpower.

Following our consultation, we’ve decided to amend Part 12 of the Code to correct 9 of the 10 issues.

We have decided to seek further feedback on issue 5. We are providing supplementary information and welcome submissions by 19 July 2023. Issue 5 is: Allow Transpower more flexibility in the calculation of regional Net Private Benefit under the price-quantity method for BBC allocation.

We look forward to receiving your feedback.

View consultation: Amendments to correct minor TPM issues

Related News

Code changes to address common quality issues

A package of targeted common quality Code amendments has been made by the Electricity Authority Te Mana Hiko to help maintain the security and resilience of th…

Authority discontinues alleged Code breaches at Waipipi Wind Farm

The Electricity Authority has decided to discontinue its investigations into alleged breaches of the Electricity Industry Participation Code by Genesis Energy …

Why compliance matters in a changing electricity sector

Compliance rarely attracts attention when it's working well. Most electricity industry participants meet their obligations, issues are identified early, and co…

Subscribe to Market Brief

Get the latest news, updates and market insights from the Electricity Authority direct to your inbox.