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.