Amendment 2012
1. Pursuant to section 38(3)(b) of the Electricity Industry Act 2010 ("Act"), the Electricity Authority ("Authority") gives notice of the making of the Electricity Industry Participation (Part 13 Minor Amendments) Code Amendment 2012.
2. The amendment comes into force on 1 November 2012.
3. The amendment:
(a) provides for deemed reserve offers;
(b) makes a minor correction to the deadline for submitting reserve offers;
(c) provides that an ancillary service agent must not specify a price that is lower than $0.00/MW when submitting a reserve offer; and
(d) provides that the system operator must publish the scheduled frequency keeping station for each island in relation to the non-response schedule, but not the price-responsive schedule.
4. In accordance with section 39(3)(a) of the Act, the Authority is satisfied on reasonable grounds that
the nature of the amendment is technical and
non-controversial. Therefore, the Authority has neither:
(a) prepared and publicised a regulatory statement; nor
(b) consulted on the amendment and a regulatory statement.
5. A copy of the amendment and the Code is available on the Authority’s website
www.ea.govt.nz/act-code-regs/code-regs/the-code/
6. A copy of the amendment and the Code may also be inspected free of charge or purchased from the Electricity Authority, Level 7, ASB Bank Tower, 2 Hunter Street, Wellington.
Dated at Wellington this 25th day of September 2012.
DR THOMAS BRENT LAYTON, Chairperson, Electricity Authority.