Pursuant to Regulation 194 of the Electricity Governance Regulations 2003, the Electricity Commission ("Commission") gives the following notice.
N o t i c e
1. Title and commencement-(1) This notice is the Electricity Governance Regulations (Exemption No. 111 (System Operator)) Exemption Notice 2010.
(2) This notice comes into force on the day after the date it is notified in the New Zealand Gazette.
2. Exemption-The System Operator is exempted from compliance with the requirement in Rule 3.33 of Section V of Part G and Schedule G2 of Part G of the Electricity Governance Rules 2003, to provide the values for deficit
6s reserve for an extended contingent event and deficit 60s reserve for an extended contingent event.
3. Reasons for granting the exemption-The reasons for granting this exemption are:
(a) a rule change that requires the scheduling pricing and dispatch model ("SPD") to use additional
model parameters came into force on 1 May 2010. This change requires changes to SPD and to the reserve management tool ("RMT");
(b) the System Operator was not able to complete these changes prior to 1 May 2010; and
(c) granting this exemption allows the System Operator time to develop and implement the changes to SPD and RMT necessary to implement the additional model parameters.
4. Terms and conditions-This exemption is granted on the condition that it will expire on the earlier of:
(a) the date on which the System Operator notifies the Commission that the changes to SPD and RMT, necessary to give effect to the rule change, have been implemented; and
(b) 31 August 2010.
Dated at Wellington this 4th day of May 2010.
For and on behalf of the Electricity Commission:
DAVID CAYGILL, Chair.