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Policy Statement

As System Operator, Transpower has the role to co-ordinate and manage the real time transmission of electricity – 24 hours a day, seven days a week.

The System Operator's obligations are set out in Part 7 and 8 of the Electricity Industry Participation Code (the 'Code'). These obligations include a Policy Statement on how Transpower will meet those obligations.

The System Operator reviews the Policy Statement annually, as required by the 'Code', working to the timeline outlined below.

Timeline

Activity                              Date    Duration
Participants to provide initial ideas for review Mid Feb  
System Operator workshop with those participants providing input - to consider System Operator review proposals Early Mar  
System Operator completes draft and undertakes informal discussions with participants Mar  
Draft Policy Statement submitted to Electricity Authority 31 Mar  
Draft Policy Statement published by the Electricity Authority 30 Mar within 20 business days
Submission period   not less than 10 business days
SO Submission period   10 business days after closing of submission period
Policy Statement Active 01 Sep 12 months

Draft Policy Statement

We submitted a draft Policy Statement to the Electricity Authority on 31 March 2011 in respect of the year commencing 1 September 2011.  This draft policy statement was submitted to the Electricity Authority following a review of the Policy Statement by the System Operator during the end of 2010 and early 2011 which included discussions and consultation with participants.    The draft redlined version highlighting the changes proposed by the System Operator to the Policy Statement is linked below.

The Electricity Authority will be commencing the consultation on this document soon.  Please see their Consultation page.