NEW ZEALAND ELECTRICITY MARKET

About of NEW ZEALAND ELECTRICITY MARKET









Bell Gully - Competition

  • . M-co was established in 1993 to design, implement and operate a wholesale electricity market in New Zealand.
  • . The New Zealand electricity market went live on 1 October 1996 and M-co continues to act as the administrator of the market.
  • . The arrangement provided for M-co in its role as Market Administrator to make available all final bids and offers received for the trading periods two weeks' prior.
  • . Representing M-co at the Commerce Commission conference regarding the Electricity Governance Board Limited's application for authorisation of a proposed electricity market arrangement.



    technical working group | Market Rules (L1) | EMC
  • market rules technical working group Overview The Rules Change Panel has established a Technical Working Group (TWG) to assist it in its responsibilities to oversee changes to the market rules.
  • . The TWG is responsible for the continuous assessment of the on-going evolution of the dispatch and price discovery process, balancing economic, financial and technical considerations in creating and maintaining a more efficient wholesale electricity market.
  • . The TWG consists of 7 members: Four nominated experts from market participants One person nominated by the Power System Operator (PSO) One Market Clearing Engine (MCE) expert nominated by EMC Chairperson nominated by EMC The following have been appointed members of the TWG for the two-year period from 21 January 2005 to 20 January 2007.
  • . Members nominated by Market Participants Ng Meng Poh (nominated by Senoko Power Ltd) Ng Meng Poh is Vice President (Commercial) of Senoko Power Ltd and Director of Senoko Energy Supply Pte Ltd.



    Welcome to IIR Conferences
  • . COAG’s Energy Market Review found it provided distorted and inappropriate signals, the Productivity Commission noted its significant costs included a potential to distort investment, while the Exports and Infrastructure Taskforce concluded it was adversarial, cumbersome, complicated, inefficient and subject to gaming.
  • . But are the right questions being asked? Network businesses operate in four different environments; economic regulation; engineering systems, financial markets, and legal obligations.
  • . Hugh Outhred is Joint Director, Engineering, Centre for Energy and Environmental Markets (CEEM), UNSW.
  • . CEEM has been established under the joint leadership of the Faculties of Engineering, and Commerce and Economics to undertake Inter-disciplinary research in the design, analysis and performance of energy and environmental markets and their associated policy frameworks.
  • . He is a lay member of the New Zealand High Court for matters of commerce and a member of the Electricity Market Surveillance Committee that was the judicial body for the NZ Electricity Market from 1996-2005 and a Senior Consultant with CRA International.



    Lessons from Abroad
  • . Market Arrangements for Electricity ( - Ireland).
  • . 2002 New Zealand Electricity Market (NZEM).
  • . New Zealand Electricity Markets 22 May 2000.
  • . Development of the Electricity Retail Market in Sweden 22 May 2000.
  • . Electric Power Market Deregulation Plan in Japan.
  • . The Scope for Integrating the Energy Market and Network Services September 1999.
  • . Zonal Pricing and Demand-Side Bidding in the Norwegian Electricity Market Power Working Paper.
  • . Anti-Trust Markets for Wholesale Electricity in England and Wale s January 1999.
  • . Residential Customers and Competitive Electricity Markets.
  • . Opening of the Power Market to End Users in Norway 1991-1999 December 1998.
  • . Demand, Generation and Spot Price in the Norwegian Market for Electric Power 13 February 1998.
  • . Trade Patterns, Capacity Expansions and Price Development in a Multi-Area Competitive Electricity Market - Scandinavia 13 February 1998.
  • . Restructured Electricity Markets Experiences and Reassessments.

  • info: NEW ZEALAND ELECTRICITY MARKET


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    Electricity Market Competition and Nuclear Power
  • Electricity Market Competition and Nuclear Power & John Paffenbarger Throughout the world, including OECD member countries, governments are promoting competitive electricity markets.
  • . In particular, there is a move away from administrative price setting by government institutions to market price setting through the introduction of competition.
  • . However, competition among final electricity suppliers and distributors to provide effective consumer choice is a further step that governments are likely to pursue as experience with market reform grows.
  • . The basic objective of all efforts to reform electricity markets is to improve the economic efficiency of a secure electricity supply, and to pass through the benefits to consumers through lower prices.
  • . As electricity markets are changed, some of these policy objectives constrain the range of available choices for the new market structure.
  • . Competitive markets provide incentives, in a way that no other approach can, to reduce costs and increase productivity.


    Executive Team - Our People - Transpower Internet
  • . Ralph was also involved in the reform process leading to the competitive market reforms for electricity in Australia.
  • . Tim George General Manager Grid Investment Responsibilities: Grid Investment Tim joined Transpower in August 2005 from the National Electricity Market Management Company (NEMMCO) in Queensland, where he was Head of Power Systems Planning and Development.
  • . Cynthia Brophy General Manager Corporate Affairs Responsibilities : Corporate communications and marketing, including brand management, community and stakeholder relations, media and web management.
  • . She has held a wide range of roles in corporate affairs and marketing in both the United States and in New Zealand.


    News Archive - 2000 - News Archive - Transpower Internet
  • > Newsroom News Archive - 2000 11 December 2000 Bill Heaps General Manager Sales and Marketing...
  • . 07 December 2000 From: Bill Heaps - General Manager Sales and MarketingTo: Members, Working Group on Upper North Island Electricity for Summer 2000/01Subject: Taranaki Combined Cycle Power Station...
  • . This is a presentation given by Bill Heaps - General Manager of Sales and Marketing.
  • . It discusses State of the Art Electricity Markets from a Grid Owner & Operator Point of View.
  • . It discusses New Zealand's State of the Art Electricity Markets from a Grid Owner & Operator View....
  • . 20 October 2000 Bill Heaps General Manager Sales and Marketing...
  • . 11 October 2000 Bill Heaps General Manager Sales and Marketing...


    New Zealand Venture Investment Fund
  • . GeoSmart - GeoSmart is a mapping company specialising in delivering intelligent mapping solutions to the market.
  • . Momentum Energy - Momentum is an energy based business which is being developed on the back of IP the founders have developed in their years in the New Zealand electricity market.
  • . Phitek is focused on the commercial exploitation of its products and technologies in a number of markets including, but not limited to, aviation, consumer electronics, mobile telephony and software.
  • . EDIS International was formed with the express intention of targeting the e-commerce needs in the global marketplace.
  • . BioVittoria - is a product development and marketing company focused on bringing functionally proven proprietary bioactive products to the dietary supplement, personal care, functional food and pharmaceutical markets.
  • . Initial applications include eletromagnetics for manufacturers of scientific instruments in the European, US and Japanese markets.
  • . GeoSmart - GeoSmart is a mapping company specialising in delivering intelligent mapping solutions to the market.

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    Energy problems: are they the same elsewhere? - NIWA Science
  • . The immediate response to the crisis was to reduce energy use – that is, improve energy efficiency – encouraged by a major Government marketing campaign.
  • . Looking further ahead however, with a population that is steadily increasing and the Maui offshore gas field steadily decreasing, there is a clear need to get some stability into the energy market.
  • . Flexible energy market The UK has flexibility in its energy market and would have many options if an energy crisis seemed imminent.
  • . New Zealand does not have this “option comfort” and therefore does need to review the balance of the energy market.
  • . Whilst new renewable energy systems are far from ready to fill the gap of the Maui gas field, they could bring much-needed stability to the market through resource diversification.
  • . Privatised and regulated electricity market Regulated market, with price caps to ensure stability.
  • . Self-regulating electricity market Lack of regulation can allow irrational connection costs.


    Statistical sources for New Zealand Information: E
  • . Other: / Prepared for the New Zealand International Education Marketing network by Infometrics, funded by Asia2000.
  • . Other: data on New Zealand's electricity market including fixed price contract index, electricity price index.
  • . Energy policies in IEA countries: New Zealand Renewable Energy: Market and Policy Trends in IEA Countries.
  • . Various data on energy Energy policies in IEA countries: New Zealand Renewable Energy: Market and Policy Trends in IEA Countries.
  • . Also in the World tables folder the exchange rate data is market rate, national currency units per SDR: end of period.
  • . Mid-rate daily average (mostly 1998 onwards) and mid-rate end of month (mostly 1986 onwards) and monthly average (mostly 1985 onwards) for US, UK, Australia, Japan, Euro and TWI in section Financial markets.


    Commerce Commission Website - 7th Annual National Power New Zealand 2005
  • . “The purpose of the Commerce Commission is to promote dynamic and responsive markets so that New Zealanders benefit from competitive prices, better quality and greater choice.” The Commission makes no secret of wanting market driven solutions.
  • . Competition also provides benefits to businesses by ensuring that market rewards go to the firms that innovate and are price and quality competitive.
  • . The Fair Trading Act is an important vehicle for promoting dynamic markets – markets in which New Zealanders benefit from competitive prices, better quality and greater choice.
  • . Moving onto the Commerce Act, the aim of this legislation is to promote competition in markets within New Zealand.
  • . It prohibits conduct that restricts competition and the purchase of a business's shares or assets if that purchase leads to a substantial lessening of competition in that market.
  • . The Commission is particularly interested in the state of competition in the electricity retail market.


    Commerce Commission Website - New Zealand Centre for Public Law, Victoria University Wellington
  • . Then, to illustrate the work we do, and our approach to it, I’d like to briefly discuss three specific examples: the Qantas Air New Zealand alliance decision, regulation of the electricity market, and our work detecting and stopping cartels.
  • . To finish, I’ll reflect on the challenges facing the Commission as we work to balance the rigidity of legal frameworks with the dynamic nature of the markets they shape.
  • . The Commission’s purpose is to promote dynamic and responsive markets so that New Zealanders benefit from competitive prices, better quality and greater choice.
  • . They are that: · markets are dynamic and all goods and services are provided at competitive prices; · consumers are confident of the accuracy of information they receive when making choices; and · regulated industries are constrained from earning excess profits, face incentives to invest appropriately and share efficiency gains with consumers.
  • . The Commission’s work extends to every part of the New Zealand economy, with our work potentially encompassing any commercial market or transaction in New Zealand.

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    Itron Global - Australia and New Zealand - Energy Forecasting - Forecasting Bios

  • . Fox has been focused on developing forecast systems to support operations in the competitive power market.
  • . Recent projects include development of short-term hourly load forecasting models using advanced Artificial Neural Network models, implementation of integrated sales and revenue forecasting system, development of spot price forecasting models, and constructing retail market portfolio forecasting systems.
  • . He also directed the implementation of Ameren's Web-based Load Profile Forecasting application that provides on-line load profile forecasts that retailers use in support of their market operations.
  • . He has developed market potential estimates and forecasts for industrial technologies for both utilities and EPRI.
  • . Ashburn is a Marketing Administrator at Itron.
  • . She develops and executes direct marketing strategy for the Forecasting and Product Divisions.
  • . Fordham has implemented systems to forecast system loads, transmission zone loads, market prices, retail profiles, and utility or provider of last resort loads for utilities in the United States and Canada.

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