2003 – Rule Amendment Proposal No. 7
This notice of a recommendation concerning the Electricity Governance Rules 2003 (“the Rules”), Rule Amendment Proposal No. 7 is issued by the Electricity Commission
(“Commission”), established under the Electricity Act 1992 (“Act”), pursuant to section 172E (2) (c) of that Act.
Section 172E (2) (c) provides that, no later than 10 working days after making a recommendation concerning the Rules to the Minister of Energy, the Commission must publicise the recommendation and the assessment completed under section 172F of the Act.
Recommendation
The Commission made a recommendation that the defined terms of Part A, Rules 3.5, 5.1 to 5.6, and 10.2 to 10.5 of section III of Part G and Schedule G6 of Part G of the Rules be amended, reliant on section 172F(3), on 16 February 2005.
Section 172F (3) provides that the Commission is not required to comply with section 172F (1) if it is satisfied
that the effect of the recommendation is minor and will not adversely affect the interests of any person in a substantial way.
Accordingly, no such assessment has been carried out under section 172F (1) of the Act.
Recommended Amendment to the Rules
The recommended amendment to the Rules was the HVDC component flow and risk offset information be published
(to purchasers and generators) for each respective trading period of the “Pre-dispatch Schedule” and the “Schedule of Dispatch Prices and Quantities”.
The primary effect of publishing this information is to facilitate more accurate forecasting of the potential constraints on Benmore power station.
This in turn facilitates more efficient management of hydro resources, leading to potentially reduced national electricity dispatch costs.
Primarily, the amendment to the Rules involves:
Defining the terms, and the information to be specified by the terms, “HVDC component flows” and “HVDC risk offsets” in Part A of the Rules;
Adding the newly defined terms to the relevant Rules regarding preparation and publication of pre-dispatch and dispatch Schedules in section III, Part G; and
Amending Schedule G6, Part G, of the Rules in accordance with the above changes.
A copy of the Commission’s recommendation is available, at no cost, on the Commission’s web site:
http://www.electricitycommission.govt.nz/rulesandregs/recommend
Dated at Wellington this 16th day of February 2005.
For and on behalf of the Electricity Commission:
ROY HEMMINGWAY, Chair.