General news

Update to guidelines for dispatchable load purchaser audits

  • Compliance

We have updated the Guideline for dispatchable load purchaser audits to reflect changes in the Electricity Industry Participation Code 2010, following the implementation of real-time pricing and other minor Code amendments.

The guideline provides auditors with a framework for auditing dispatch capable load stations’ compliance with the Code obligations.

Dispatchable load purchasers are required to submit audits annually and include checking processes around:

  • gathering and storing raw meter data
  • creation and management of volume information, including validating, estimating, storing, correcting, and archiving
  • submission of information to the grid owner and reconciliation manager.

Dispatchable load purchaser audits

Related News

Case study: getting audit compliance plans right

We have published a case study for industry participants who are required to provide regular audits. It explains what needs to be included in an audit complian…

Five alleged breaches of Code being investigated

The Electricity Authority has started five investigations into alleged breaches of the Electricity Industry Participation Code. There are three investigations …

Stress testing: certificate of spot price risk disclosure statement updated

The stress testing regime requires certain participants in the wholesale electricity market to test their exposure to changes in spot electricity prices and re…