✨ Definitions related to Water Management Agreement
"Must Run Auction Rights" means any auction rights purchased by Genesis Energy or Meridian (as the context so requires) as a generator pursuant to subpart 3 of part 13 of the Electricity Code which authorises that generator to offer electricity into the wholesale electricity market at zero price for the relevant time block and trading period.
"Outage Notification Process" means the planned outage co-ordination process required by the Electricity Industry Participation Code 2010, or any procedure with the same purpose that may be in force in the New Zealand electricity industry from time to time.
"Planned outage" has the meaning in clause 8.2(a).
"Pukaki Supply" has the meaning in clause 7.1.
"Regional Plan" means the proposed or operative Canterbury Natural Resources Regional Plan or such other instrument which has succeeded or replaced it for the time being.
"Resource Consent" has the meaning in section 2 of the RMA.
"Right" means any right, including Resource Consents, to utilise the waters and tributary inflows of the Waitaki Catchment to generate electricity at generating plants in the Waitaki Valley, including any successor or replacement rights for that purpose.
"RMA" means the Resource Management Act 1991.
"SPA" means the agreement between Meridian and Genesis Energy entitled "Agreement for the Sale and Purchase of the Tekapo A and Tekapo B Power Stations" dated on or about 1 June 2011.
"Spill" means the transfer of excess water via spillways, when Lakes Tekapo and/or Pukaki are in the High Flow Planning Zone.
"Stakeholder Agreement" means an agreement listed in Schedule 5 of the Electricity Industry Act 2010 or any replacement for such agreement between the relevant stakeholder and either or both of Meridian or Genesis Energy.
"Tekapo Catchment" means:
(a) Lake Tekapo; and
(b) the area of land bounded by watersheds draining into Lake Tekapo; and
(c) includes aquifers wholly or partially within that area of land.
"Tekapo Power Stations" means the works including hydraulic control structures, dams, canals, water diversions, penstocks, spill weirs, spill gates, bypass valves, sluice gates, power stations and generating plant, associated ancillary land and structures and Resource Consents and other rights held by Genesis Energy to utilise the waters and tributary inflows of the Tekapo Catchment to generate electricity at generating plants above Lake Pukaki, including the power stations known as "Tekapo A" and "Tekapo B".
"Tekapo A Power Station" means the power generating station located on certificate of title CFR 262118, Lot 1 (Canterbury Land Registry).
"Tekapo B Power Station" means the power generating station located on certificate of title CFR 425212, Lot 1 (Canterbury Land Registry).
"Tekapo Canal" means the canal which flows from the outlet of the Tekapo A Power Station to the inlet of the Tekapo B Power Station.
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NZ Gazette 2011, No 93
✨ LLM interpretation of page content
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Definitions related to Water Management Agreement
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🌾 Primary Industries & ResourcesDefinitions, Water Management, Energy Companies, Waitaki River, Legal Terms