1. Pursuant to section 172I of the Electricity Act 1992 (“Act”), I notify the amendment of the Electricity Governance Rules 2003 (“Rules”) under section 172H of
the Act.
2. The empowering provision for the Electricity Governance Regulations in relation to which the amendment to the Rules is made is section 172D(1)(1)(a), (b) and (d) of the Act.
3. The amendment will require the pricing manager to publish demand half-hour metering information each trading day for each trading period of the previous trading day.
4. Pursuant to section 172Z(4) of the Act, the reason for my decision to amend the Rules is that the amendment will promote efficient and fair access to demand half-hour metering information. More widespread use of this information will facilitate better management of commercial positions for generators and retailers, and enable better analysis of wholesale prices.
5. These rules come into force on 1 June 2007.
6. Copies of the Rules may be inspected free of charge or purchased from the Electricity Commission, Level 7, ASB Bank Tower, 2 Hunter Street, Wellington.
The Rules can also be viewed on the Electricity Commission’s website:
http://www.electricitycommission.govt.nz/rulesandregs/rules
Dated at Wellington this 19th day of April 2007.
DAVID PARKER, Minister of Energy.