General news

Cross-submissions invited on instantaneous reserve cost allocation

  • Generation
  • Code

The Electricity Authority is now accepting cross-submissions on proposed changes for instantaneous reserve costs allocation.

We are proposing to amend the Electricity Industry Participation Code 2010 to update the way instantaneous reserve procurement costs are allocated to generators.

The initial consultation period closed on Friday 23 August and submissions have been published. We are expecting a late submission from Contact Energy which will be published on Wednesday morning, 28 August.

Cross-submissions should address our proposed changes to the cost allocation methodology requiring more generators to pay an appropriate share of the instantaneous reserve procurement costs, both now and in the future.

Cross-submissions should be sent to operationsconsult@ea.govt.nz by 5pm, Friday 30 August.

View consultation

Related News

Generation investment pipeline: updates and current insights

At launch, our generation investment pipeline dashboard included details about where projects were located, their size, status and expected commissioning as a …

Electricity hedge prices compared to new estimate of the LCOE

In an 'Eye on electricity' article in June, we compared the prices of long and short hedges to estimates of the levelised cost of electricity and short run mar…

New rules to improve application processes for network connections: technical consultation opens

We are inviting feedback on the draft Code for recently announced new rules that make it easier and faster to connect to the electricity network, or to upgrade…