✨ Electricity Sector Efficiency Measures
Conveyance
- Electricity should be conveyed efficiently on the national grid and distribution lines. Transmission and distribution companies should have incentives to manage transmission and distribution losses and constraints. The Commission should promote pricing structures that provide appropriate signals to manage those losses and constraints.
End-use
- The Commission should promote and facilitate the efficient use of electricity by end users. It should pursue this objective in multiple and mutually-reinforcing ways, including:
• by providing financial incentives for investment in electricity efficiency where it is cost-effective to do so and in response to market failures and barriers
• by promoting cost-reflective pricing
• by seeking innovative ways to enable residential and other consumers to respond to pricing incentives to use electricity more efficiently
• by facilitating the progressive introduction of advanced/smarter meters for consumers, through publishing technical guidelines, and reporting on the need for regulations by December 2009
• by encouraging and facilitating demand-side participation in the wholesale, distribution and retail markets
• by promoting the efficient use of load management.
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NZ Gazette 2009, No 75
✨ LLM interpretation of page content
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Promoting Efficiency in Electricity Sector Components
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🏭 Trade, Customs & IndustryElectricity Sector, Efficiency, Transmission, Distribution, Pricing, Incentives, Load Management