General news

Investigation into alleged breach by South Pacific Energy Limited

  • Code
  • Compliance

The Electricity Authority has started an investigation into an alleged breach of the Electricity Industry Participation Code 2010 (Code) by South Pacific Energy Limited.

Energy Clearing House Limited alleged that South Pacific Energy Limited breached clause 14.31(1)(a) of the Code at 1.00 pm on 20 April 2023 when a payment to the clearing manager failed to meet the deadline.

If any participant considers it is affected by the alleged breach and wishes to join the investigation, it should contact the appointed investigator by 5pm on 11 October 2023.

The investigator can be contacted by email at compliance@ea.govt.nz citing reference 2305SPEL1 in the subject line, or by Compliance portal or by post at: Compliance Investigator, Electricity Authority Te Mana Hiko, PO Box 10041, Wellington 6043.

Related News

Hedge disclosure certificates due by 30 June

Participants in the hedge market are required to submit an annual hedge disclosure certificate and must do so by 30 June 2026 under clause 13.230 of the El…

Case study: Submitting a material change audit

We have published a case study for industry participants who are required to provide material change audits. A material change audit is required when an indust…

Notification to incorporate the CACTIS into the Code

The Electricity Authority Te Mana Hiko is updating the information-related common quality requirements in the Electricity Industry Participation Code to help e…