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Electricity Authority - Latest News [Page 2]
Energy Competition Task Force Set Up To Improve Electricity Market Performance
Wednesday, 28 August 2024, 5:59 pm | Electricity Authority
The Task Force brings together government market regulators to consider the complex factors underlying wholesale prices and put in place a suite of measures to help address the current issues across the energy system. More >>
Market Brief - 22 August 2024
Thursday, 22 August 2024, 10:25 am | Electricity Authority
Today's Market Brief shares the system operator's decision to raise the contingent storage release boundary for a limited time. More >>
Electricity Authority Seeking A Better View Of Generation And Investment Plans
Wednesday, 21 August 2024, 1:27 pm | Electricity Authority
Electricity Authority chief executive Sarah Gillies said the Authority has a significant programme of work to support and encourage more investment and competition in the market, and these two documents are important parts of the data collection workstream. More >>
Electricity Authority Releases First Energy Margin Dashboard
Monday, 19 August 2024, 8:54 pm | Electricity Authority
The data in the dashboard is based on figures provided by the generators to the Electricity Authority, and then a standard formula was used to generate an indicative energy margin for the week for each of the six companies modelled. More >>
Electricity Authority Working With Manawa Energy And Prime Energy To Ensure Managed Resolution For Customers
Friday, 9 August 2024, 7:34 pm | Electricity Authority
The Electricity Authority Te Mana Hiko (Authority) is working with Manawa Energy and Prime Energy to come to a managed resolution for its customers in relation to the recent termination of Prime Energy’s electricity supply and services agreement ... More >>
Authority Decides To Improve Comparison And Switching
Tuesday, 9 July 2024, 8:33 am | Electricity Authority
The Electricity Authority Te Mana Hiko (the Authority) has announced its decision to improve support for consumers in comparing and switching electricity plans and retailers. They want to ensure consumers have access to simple processes and accurate ... More >>
Chair Appointed For Review Into Northland Power Outage
Monday, 8 July 2024, 10:15 am | Electricity Authority
The Electricity Authority Te Mana Hiko has appointed Sarah Sinclair as independent chair of its review into the Northland power outage after a transmission tower fell on 20 June. More >>
Electricity Authority To Review Northland Power Outage
Friday, 21 June 2024, 2:49 pm | Electricity Authority
Minister for Energy Simeon Brown requested the Authority carry out a review under Section 18 of the Electricity Industry Act 2010 after the collapse of a transmission tower cut power to consumers in the region. More >>
Electricity Authority Clears Smelter Contracts
Wednesday, 19 June 2024, 8:57 am | Electricity Authority
Meridian and Contact sought clearance from the Authority of their electricity supply agreements and demand response agreements with NZAS under the materially large contract (MLC) provisions in the Electricity Industry Participation Code 2010. More >>
Electricity Authority Clears Mercury Contract
Friday, 31 May 2024, 8:59 am | Electricity Authority
The Electricity Authority Te Mana Hiko has cleared a draft contract between Mercury and New Zealand’s Aluminium Smelter (NZAS). More >>
Authority Seeks Views On Preliminary UTS Decision
Wednesday, 8 May 2024, 9:19 am | Electricity Authority
The Electricity Authority Te Mana Hiko is seeking feedback on its preliminary decision that an undesirable trading situation (UTS) arose following a recent High Court decision. The High Court considered appeals of the Authority’s decisions on a pricing error ... More >>
Electricity Authority Will Investigate Possible Undesirable Trading Situation
Saturday, 2 March 2024, 9:41 am | Electricity Authority
The Electricity Authority Te Mana Hiko will investigate a possible undesirable trading situation (UTS) relating to 9 August 2021 following a recent High Court decision. In a judgment released on 16 February, the High Court decided scarcity prices were ... More >>
Improving Electricity Consumer Protections And Choice
Thursday, 1 February 2024, 10:27 am | Electricity Authority
The Electricity Authority Te Mana Hiko (Authority) has decided to mandate the Consumer Care Guidelines (Guidelines) to improve protections for consumers. This decision follows our consultation from September 2023 that sought feedback on four options ... More >>
Uplift In New Renewable Electricity Generation Projects
Tuesday, 23 January 2024, 10:25 am | Electricity Authority
A report commissioned by the Electricity Authority Te Mana Hiko shows the amount of new renewable electricity generation that has been committed has almost doubled in 18 months. The Generation Investment Survey released today shows that there is ... More >>
Protecting Electricity Consumers At Heart Of New Consultation
Monday, 4 September 2023, 9:48 am | Electricity Authority
The Electricity Authority Te Mana Hiko (the Authority) is seeking feedback on options to strengthen and update the Consumer Care Guidelines (Guidelines). A recent review undertaken by the Authority provided evidence that the voluntary Guidelines, introduced ... More >>
New Chair For Electricity Authority
Tuesday, 11 July 2023, 1:03 pm | Electricity Authority
Anna Kominik has been appointed the new Chair of the Electricity Authority. Ms Kominik has been appointed by the Governor-General for a five-year term which commences on 13 July 2023. Ms Kominik has resigned as independent Chair of the Electricity Retailers’ ... More >>
Solar Energy Sharing For Social Housing Trial Approved
Tuesday, 27 June 2023, 6:18 am | Electricity Authority
The Electricity Authority has approved two exemptions and technical and non-controversial amendments to the Electricity Industry Participation Code 2010 (the Code) to facilitate an energy sharing trial led by Kāinga Ora and Ara Ake. The exemptions will enable ... More >>
Electricity Industry Works Together To Prepare For Winter
Friday, 9 June 2023, 8:26 am | Electricity Authority
The electricity industry is better prepared to meet the challenges of managing potential supply issues during winter peaks after the implementation of initiatives and exercises to test processes, says Electricity Authority chair Nicki Crauford. "The Authority ... More >>
Electricity Authority Approves Meridian Clearance Application
Thursday, 8 June 2023, 9:41 am | Electricity Authority
The Electricity Authority has today approved a clearance application relating to a new demand response agreement between Meridian Energy and New Zealand’s Aluminium Smelter (NZAS). Meridian sought clearance from the Authority in relation to a demand ... More >>
Electricity Authority Notes Decision On Code Breaches By Retailer
Wednesday, 7 June 2023, 11:30 am | Electricity Authority
The Electricity Authority has noted a Rulings Panel decision published today which found electricity retailer Ecotricity breached the Electricity Industry Participation Code 2010 (the Code) relating to its failure to provide electricity consumption data. ... More >>
