New Zealand Gazette – 2006 – No. 123

Page 3636

✨ Electricity Governance Policy

3636

NEW ZEALAND GAZETTE, No. 123

30 OCTOBER 2006

viii

A process for deciding which FTRs allocated to distribution companies
may or should be offered into the FTR auction, and a process for setting
reserve prices. These processes should be consistent with the guiding
principles for an FTR market, and in particular they should have due
regard to promoting competition between retailers, and to ensuring an
efficient FTR auction;

The role, if any, of FTRs defined from generation nodes to a hub;

A mechanism by which allocations may be adjusted in response to
changing circumstances, such as new network investment;

The timing of the initial FTR allocation and auction; and

xii

The way in which FTRs are used to facilitate new transmission
investment.

The Government Policy Statement ends here.

Revocation

The statement of Government policy entitled "Government Policy Statement on
Electricity Governance", by the Minister of Energy, Hon Pete Hodgson and the
Minister of Commerce, Hon Margaret Wilson, on 19 October 2004 and published in
the New Zealand Gazette, 28 October 2004 at pages 3447 to 3465, is hereby
revoked.

Signed at Wellington this 17th day of October 2006

David Parker
Minister of Energy

Hon. Lianne Dalziel
Minister of Commerce

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Online Sources for this page:

VUW Te Waharoa — NZ Gazette 2006, No 123

Gazette.govt.nz — NZ Gazette 2006, No 123

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🌾 Financial Transmission Rights Policy Framework (continued from previous page)

Domain🌾 Primary Industries & Resources
KeywordsEnergy, Electricity Market, Transmission Rights, Government Policy

🏛️ Revocation of Government Policy Statement on Electricity Governance

Domain🏛️ Governance & Central Administration
Dated17 October 2006
KeywordsPolicy Revocation, Electricity Governance, Energy
👩‍💼 Officials

David Parker, Minister of Energy
Hon. Lianne Dalziel, Minister of Commerce

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