Emergency Reserve Scheme Code amendment proposal
Decision
The Authority has decided to amend the Code to establish the emergency reserve scheme in the form of a new ancillary service called ‘emergency reserve’ on 1 March 2026.
We have refined our Code drafting in response to feedback from submitters and made some minor changes to our proposals which we consider to be necessary and non-controversial.
The Authority will support the System Operator and Clearing Manager to undertake the necessary steps to implement the emergency reserve scheme by Q4 2026.
Decision paper
Consultation
Following our consultation on establishing an Emergency Reserve Scheme, we sought feedback on the proposed Code amendments necessary to establish an Emergency Reserve Scheme as an ancillary service in the electricity market.
The proposed amendments would enable industrials to be appropriately rewarded for providing generation capacity or reducing their power consumption on request to make it available to the grid, where it makes commercial sense to do so.
We have made the decision, in principle, to proceed with implementation of the Emergency Reserve Scheme to enhance the reliability of New Zealand’s electricity system and help ensure there is a secure supply of electricity.
We will make a final decision about implementation once we have considered all feedback on the proposed Code amendment.
Submissions
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EEA10 pages
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Enel X6 pages
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MEUG2 pages
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Nova2 pages
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Transpower7 pages
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WEL Networks3 pages