Electricity Authority (New Zealand)
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| Agency overview | |
|---|---|
| Formed | November 2010 |
| Headquarters | Level 7, 1 Willis Street, Wellington |
| Minister responsible |
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| Agency executive |
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| Website | www |
The New Zealand Electricity Authority (Māori: Te Mana Hiko) is an independent Crown entity responsible for the regulation of the New Zealand electricity market.[1] The Authority was established in November 2010, following a government review[2] of the electricity industry, and replaced the Electricity Commission. The Authority has a narrower focus on industry competition, reliability and efficiency than the Electricity Commission had.
The key functions performed by the Authority[3] are:
- Registering industry participants
- Developing and administering the Electricity Industry Participation Code
- Monitoring and enforcing compliance with the Code
- Acting as Market Administrator and contracting providers of market operations services
- Facilitating market performance through information, best-practice guidelines and related services; and
- Undertaking sector reviews
Functions that were performed by the Commission, but which are undertaken by agencies other than the Authority include:
- Consumer protection – Consumer Affairs at Ministry of Business, Innovation and Employment
- Electricity efficiency – Energy Efficiency and Conservation Authority
- Reserve energy and emergency campaigns – Transpower
- Security of supply information and forecasting – Transpower
- Transmission network upgrades approval – Commerce Commission
See also
References
- ^ "About us". Electricity Authority.
- ^ "Ministerial Review of Electricity Market performance 2009". MED. 9 December 2009.
- ^ "Electricity Industry Participation Code". Electricity Authority. Archived from the original on 11 August 2011.