Electricity Authority (New Zealand)
From Wikipedia, the free encyclopedia
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.
Quick Facts Agency overview, Formed ...
Agency overview | |
---|---|
Formed | November 2010 |
Headquarters | Level 7, 1 Willis Street, Wellington |
Minister responsible |
|
Agency executive |
|
Website | www |
Close
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