This notice of a recommendation and assessment concerning the Electricity Governance Rules 2003 ("Rules"), Rule Amendment Proposal No. 41, is issued by the Electricity Commission ("Commission"), established under the Electricity Act 1992 ("Act"), pursuant to section 172E (2) (c) of that Act.
Recommendation
Section 172E (2) (c) of the Act provides that, no later than 10 working days after making a recommendation concerning the Rules to the Minister of Energy ("Minister"), the Commission must publicise the recommendation and
the assessment completed under section 172F of the Act.
The Commission made a recommendation to the Minister on 17 December 2004, to include, as a Schedule to section III of Part F of the Rules, the grid investment test.
Recommended Amendment to the Rules
The recommended amendment to the Rules was to provide for the most appropriate grid investment test, as determined by the Commission, to be included in the Rules. The grid investment test is to be applied by:
? the Commission in developing grid reliability standards;
? Transpower, to determine proposed economic investments for inclusion in the proposed grid
upgrade plan;
? the Commission, to review and approve reliability investments and economic investments; and
? the Commission, to review transmission alternatives.
A copy of the Commission's recommendation and assessment is available, at no cost, on the Commission's web site:
http://www.electricitycommission.govt.nz/govern/regs/index.html
For and on behalf of the Electricity Commission:
ROY HEMMINGWAY, Chair.