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 amendments to the Rules are made is section 172D(1)(1) of the Act.
3. A brief description of the nature of the amendments is as follows:
(a) clarify the obligation when reserve offers must be revised;
(b) remove a duplicate dispatch compliance provision;
(c) clarify the obligations for generators and ancillary service agents to comply with dispatch instruction and to remove any apparent conflicts between Part G and Part C of the Rules;
(d) amend the definition of bona fide physical reason to clarify that ancillary service agents need to change their offers after gate closure;
(e) change the reporting timetable following offer and bid changes made after gate closure;
(f) clarify the inter-relationship between energy bids and interruptible reserve offers; and
(g) correct various incorrect rule cross-references in
Part G.
4. The amendments are made in reliance on section 172F(3) of the Act.
5. Pursuant to section 172Z(4) of the Act, the reasons for my decision to amend the Rules are that the rule amendments:
(a) clarify participants’ obligations under the Rules;
(b) remove requirements that are redundant due to other existing Rules;
(c) remove discrepancies from the Rules; and
(d) correct typographical errors in the Rules.
6. These Rules come into force on 1 December 2008.
7. 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.
7. The Rules can also be viewed on the Electricity Commission’s website
http://www.electricitycommission.govt.nz/rulesandregs/rules
Dated at Wellington this 6th day of October 2008.
HON DAVID PARKER, Minister of Energy.