Pursuant to Regulation 194 (2) 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. 32 (Genesis Power Limited)) Exemption Notice 2006.
(2) This notice comes into force on 1 December 2006 ("commencement date").
2. Exemption-Genesis Power Limited ("Genesis") is exempted from compliance with Rule 11.5.2 of Section IV of Part C of the Electricity Governance Rules 2003 ("Rules").
3. Terms and conditions-This exemption is granted on the following conditions:
(a) It only applies in relation to Genesis' plant known as "e3p" or "HLY5"; and
(b) it expires on the earlier of either:
(i) six months following the commencement date; or
(ii) the date agreed between Genesis and the system operator as being the end of commissioning point in the commissioning plan produced for HLY5 in accordance with Technical Code A, Schedule C3 of Part C of the Rules.
4. Reasons for granting the exemption-The reasons for granting this exemption are:
(a) the possibility that Genesis' commercial incentives in relation to the event charge could lead to delays in HLY5 commissioning or unproven reliability during the winter of 2007; and
(b) commissioning of HLY5, given its size and complexity and the contribution it is expected to make to security of supply in the winter of 2007,
is a relatively unique circumstance compared to re commissioning of existing assets or commissioning of new smaller assets.
Dated at Wellington this 2nd day of November 2006.
For and on behalf of the Electricity Commission:
ROY HEMMINGWAY, Chair.