✨ Transmission Policy Objectives
NEW ZEALAND GAZETTE, No. 75
27 MAY 2009
Transmission
Background
- The way in which transmission services are provided and priced impacts both directly and indirectly on all parts of the electricity industry, the economy and the environment. Transmission has strong natural monopoly characteristics, which make it important that the Government sets out its policy expectations as to how transmission services should be provided and priced and how Transpower should operate.
Objectives for the provision of transmission services
- The Government’s objectives for the provision of transmission services are that:
• the services are provided in a manner consistent with the Government’s policy objectives for electricity, and in particular, that grid reliability should be maintained at a level required by residential, commercial and industrial users and by the Government’s economic development objectives
• the transmission grid should be adequately resilient against the effects of low probability but high impact events having regard to the load which could be disrupted and the duration of any disruption
• where practicable, the transmission grid should provide adequate supply diversity to larger load centres, having regard to the load which could otherwise be disrupted and the duration of any disruption
• efficient competition in generation and retail is facilitated and transmission constraints are minimised
• the national transmission grid should be planned and made available so as to facilitate the potential contribution of cost-effective renewables to the electricity system, and in a manner that is consistent with the Government’s climate change and renewables policies
• the efficiency of transmission services should be continuously reviewed and improved so as to produce the services that grid users and consumers want at least cost
• the services are priced in a manner that:
○ is transparent
○ fully reflects their costs including risk
○ facilitates nationally efficient supply, delivery and use of electricity
○ promotes efficient investment in transmission or transmission alternatives
○ promotes nationally efficient use of transmission services by grid users and consumers
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NZ Gazette 2009, No 75
✨ LLM interpretation of page content
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Transmission Policy Objectives
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🏭 Trade, Customs & IndustryTransmission Services, Policy Objectives, Grid Reliability, Resilience, Renewables, Pricing, Efficiency