New Zealand Gazette – 2008 – No. 92

Page 2482

✨ Energy Management Guidelines



2482 NEW ZEALAND GAZETTE, No. 92 4 JUNE 2008

  1. If the hydro storage guidelines are consistently breached and thermal generation is
    not being used appropriately to preserve hydro storage, the Commission should
    investigate the reasons and consider what action, if any, would be desirable.

Emergency management

  1. Although the Government wants the Commission to manage the electricity sector to
    minimise the risk of supply shortages, it recognises that there will be infrequent
    circumstances where there is a material risk of shortage. To manage such
    circumstances, the Commission should establish an emergency response plan that
    identifies and includes a range of measures to cover contingencies more severe
    than those allowed for within the mean winter energy margin. Such measures are
    to include conservation campaigns.

  2. The Commission is also expected to put in place contingency arrangements to
    provide for the scheduling of outages, including rolling outages in the extreme
    event that blackouts are required to ensure a balance between supply and demand.

Levy

  1. The Commission should receive any spot price revenue arising from the dispatch of
    reserve energy. Net costs should be recovered by way of the levy on wholesale
    purchases.

  2. Over time, the levy should recover the net costs that the Commission incurs for
    reserve energy (that is, operating and capital payments less any revenue received
    from the sale of reserve energy).

Review

  1. The Commission should undertake a review, in consultation with interested parties,
    of the security standards and policies set out in this section, and make
    recommendations to the Minister of Energy on the outcome of that review by the
    end of 2012.


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 92


Gazette.govt.nz — PDF NZ Gazette 2008, No 92




✨ LLM interpretation of page content

🏭 Hydro storage and thermal generation guidelines (continued from previous page)

🏭 Trade, Customs & Industry
Hydro storage, thermal generation, guidelines, energy management

🏭 Emergency response plan for energy shortages

🏭 Trade, Customs & Industry
Emergency management, energy shortage, contingency plan, conservation campaigns

🏭 Levy on wholesale purchases for reserve energy

🏭 Trade, Customs & Industry
Levy, wholesale purchases, reserve energy, revenue recovery

🏭 Review of security standards and policies

🏭 Trade, Customs & Industry
Review, security standards, policies, Minister of Energy