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Settlements
Regulation 85 requires the Board to publicise the terms of every settlement approved under regulation 84(2) (a).
Investigations where a settlement was achieved between the parties and the settlement was approved by the Board.
To date 37 notified investigations have been closed by way of 33 settlements. (Four notified investigations were combined for settlement purposes with other investigations).
Settlements when approved by the Board are final and binding on all industry participants and the Board. The Board must publicise the terms of every settlement agreement approved.
30 June 2009
The following settlement was agreed between Transpower NZ Ltd, Meridian Energy Ltd and Genesis Power Ltd in respect of a self-reported breach of the Electricity Governance Rules (2003) by Transpower NZ Limited as System Operator. The matter concerned the concerned the self-reported breach of a principal performance obligation (rule 2.2.5 of section II of part C) by failing to “Act as a reasonable and prudent system operator with the objective of ensuring frequency time error is not greater than five seconds of New Zealand standard time”
19 May 2009
The following settlement was agreed between ESD Power Ltd, Simply Energy Ltd, Mighty River Power Ltd and Genesis Power Ltd in respect of alleged breaches of the Electricity Governance Rules (2003). The matter concerned the creation of new ICPs for a new embedded network where ICPs already existed on the the parent network. The settlement agrees to transfer ICPs, where they already exist, to the new embedded network rather than creating new ICPs.
31 March 2009
The following settlement was agreed between Transpower NZ Ltd, Meridian Energy Ltd and The Market Place Company Ltd as Pricing Manager in respect of self reported breaches of the Electricity Governance Rules (2003) by Transpower NZ Limited as Grid Owner. The matter concerned the provision of incorrect metering information by the Grid Owner to the Pricing Manager for the North Makarewa grid exit point.
21 October 2008
The Board has approved the following settlement agreed between Stream Information Limited, The Reconciliation Manager, Contact Energy Limited, Energy Market Services, Genesis Power Limited, Meridian Energy Limited, Mighty River Power Limited, TrustPower Limited and Vircom-EMS. The settlement is in respect of alleged breaches of the Electricity Governance Rules 2003 by Stream Information Limited concerning compliance with the code of practice for metering installations.
24 July 2008
The Board has approved the following settlement agreed between Carter Holt Harvey Limited, Transpower New Zealand Limited as System Operator, TrustPower Limited and Meridian Energy Limited in respect of an admitted breach of the Electricity Governance Rules 2003 by Carter Holt Harvey. This matter concerned the failure to comply with dispatch instructions issued for Kinleith power plant on 4 July 2007.
24 July 2008
The Board has approved the following settlement agreed between Genesis Power Limited, Transpower New Zealand Limited as System Operator, Norske Skog Tasman Limited and Meridian Energy Limited in respect of alleged breaches of the Electricity Governance Rules 2003 by Genesis Power Limited. This matter concerned the failure to comply with dispatch instructions for fast instantaneous reserve (FIR) issued for Huntly power station and failure to reasonably estimate the FIR available on seven occasions between 16 January 2005 and 10 October 2006.
2 April 2008
The Board has approved the following settlement agreed between Transpower New Zealand Limited as System Operator and as Grid Owner, Vector Limited, Norske Skog Tasman Limited and Meridian Energy Limited in respect of an admitted breach of the Electricity Governance Rules 2003 by the System Operator. This matter concerned the failure to issue the Grid Emergency Notice as soon as practicable after declaring the nationwide grid emergency at 17:34 on 19 June 2006.2 April 2008
The Board has approved the following settlement agreed between Transpower New Zealand Limited as Grid Owner , Genesis Energy Limited, Contact Energy Limited and Meridian Energy Limited in respect of self reported and admitted breaches of the Electricity Governance Rules 2003 by the Grid Owner. This concerned the failure to declare that a SCADA situation existed and to provide corrected data to the Pricing Manager for the Tauranga grid exit point (TGA0331) for 19 June 2006.2 April 2008
The Board has approved the following settlement agreed between The Market Place Company Limited as Clearing Manager, Genesis Energy Limited, and Contact Energy Limited in respect of self reported and admitted breaches of the Electricity Governance Rules 2003 and the Electricity Governance Regulations 2003 by the Clearing Manager. The rule breaches concerned the calculation and publishing of incorrect constrained on and off payments. The regulation breach was in relation to not having a change to the software audited.31 October 2007
The Board has approved the following settlement agreed between Meridian Energy Limited, Electricity Ashburton Limited and Orion New Zealand Limited in respect of an admitted breach of the Electricity Governance Rules 2003 by Electricity Ashburton Limited. This matter concerned the incorrect reconciliation of ten installation control points between the network supply points ASB0661 and COL0111 from 1 March 2004.
31 October 2007The Board has approved the following settlement agreed between Meridian Energy Limited and Powerco Limited in respect of alleged breaches of the Electricity Governance Rules 2003 by Powerco Limited. This matter concerned the creation of an installation control point for the Puke Ariki Library in Taranaki on 1 March 2004.
18 September 2007
The Board has approved the following settlement agreed between Unison Networks Ltd, Transpower NZ Ltd, Vector Ltd and Norske Skog Tasman Ltd in respect of self-reported breaches of the Electricity Governance Rules 2003 by Unison Networks Ltd. This concerned the reserve offers and compliance with the dispatch instructions issued to Unison Networks on 8 November and 1 December 2006.
13 August 2007
The following settlement was agreed between Meridian Energy Ltd, Transpower NZ Ltd and Norske Skog Tasman Ltd in respect of self-reported breaches of the Electricity Governance Rules 2003 by Meridian Energy Ltd. This concerned the reserve offers and compliance with the dispatch instructions issued to Waitaki River Block on 4 December 2005.
The Board approved the settlement agreement but authorised the Chairman of the EGR Committee to send a warning letter to the Chief Executive Officer of Meridian Energy Ltd.
27 June 2007
The Board approved the following settlement that was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by Transpower NZ Limited as System Operator concerning an incorrect constraint applied to the Scheduling Pricing and Dispatch software model for the Wairakei-Whakamaru circuit for the period 9 March 2005 to 22 December 2005.
27 June 2007
The following settlement was agreed between Buller Electricity Limited, Meridian Energy Limited and TrustPower Limited in respect of alleged breaches of the Electricity Governance Rules (2003) by Buller Electricity Limited. This matter concerned the population and correction of information contained within the MARIA Registry on 1 March 2004.
1 May 2007
The following settlement was agreed between Mighty River Power Ltd, Transpower NZ Ltd, Meridian Energy Ltd and TrustPower Ltd in respect of alleged breaches of the Electricity Governance Rules (2003) by Mighty River Power Ltd. This concerned compliance with the dispatch instructions issued to Southdown Power Station on 8 June 2006.
31 January 2007
The following settlement was agreed between Transpower NZ Ltd and Mighty River Power Ltd in respect of alleged breaches of the Electricity Governance Rules (2003) by Mighty River Power Ltd. This concerned compliance with the dispatch instructions issued to Mokai power station on three occasions in July-October 2005.
15 January 2007
The following settlement was agreed between Vector Ltd, Transpower NZ Ltd, Meridian Energy Ltd, Genesis Energy Ltd, Norske Skog Tasman Ltd, Mighty River Power Ltd, TrustPower Ltd and Rio Tinto Aluminium New Zealand Ltd in respect of an alleged breach of the Electricity Governance Rules (2003) by Vector Ltd. This concerned providing reserves during an under-frequency event on 1 July 2005.
11 December 2006
The following settlement was agreed between Unison Networks Ltd, Transpower NZ Ltd, Meridian Energy Ltd, Vector Ltd, Genesis Energy Ltd and Norske Skog Tasman Ltd in respect of an admitted breach of the Electricity Governance Rules (2003) by Unison Networks Ltd. This concerned providing reserves during an under-frequency event.
20 June 2006
The following settlement was agreed between Transpower NZ Ltd, Todd Energy Ltd, Contact Energy Ltd and Meridian Energy Ltd in respect of self reported breaches of the Electricity Governanace Rules (2003) by Transpower NZ Limited as Grid Owner. This concerned metering information for Papanui GXP on 4 and 5 December 2004.
31 May 2006
The following settlement agreement was agreed between Todd Energy Ltd, Transpower NZ Ltd, Meridian Energy Ltd, Comalco NZ Ltd, Carter Holt Harvey Ltd and Norske Skog Tasman Ltd, in respect of a breach alleged by Transpower NZ Ltd as System Operator and denied by Todd Energy Ltd. The alleged breach concerned compliance with a dispatch instruction for Kapuni generation on 11 May 2004.
31 May 2006
The following settlement was agreed between Transpower Ltd, The Market Place Company Ltd, Contact Energy Ltd and Meridian Energy Ltd in respect to alleged breaches of the rules by the Grid Owner and Pricing Manager related to high prices at OTA1101 and OTA1102 for trading periods 1 and 7 on 5 June 2005.
9th November 2005
The following settlement was agreed between Transpower NZ Ltd and Powerco Ltd in respect of a self reported breach of the Electricity Governance Rules (2003) by Transpower NZ Limited as Grid Owner. This concerned metering information for Bunnythorpe and Linton GXPs on 1-3 October 2004.
30th September 2005
The following settlement was agreed between Transpower NZ Ltd and Meridian Energy Ltd in respect of a self reported breach of the Electricity Governance Rules (2003) by Transpower NZ Limited as Grid Owner. This concerned metering information for Moturoa GXP on 3 and 4 June 2004.
19th October 2005
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by Transpower NZ Limited as Grid Owner concerning not achieving coordination and selectiveness of the relay protection of the Cobb - Upper Takaka – Motueka - Stoke circuits from1 March 2004 to 10 January 2005.
30th September 2005
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by Transpower NZ Limited as System Operator concerning notification of a constraint in relation to the extended outage of the Bromley Islington 1 circuit on 25 March 2004.
26 July 2005
The following settlement was agreed by a number of parties in respect of alleged breaches of the Electricity Governance Rules (2003) by Transpower NZ Limited as System Operator on or about 22 April 2004 concerning grid emergency notification and the removal of permanent constraints in relation to events surrounding the Bay of Plenty Undesirable Trading Situation.
26 May 2005
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by New Zealand Steel Ltd on 4 May 2004.
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by Northpower Ltd on 4 May 2004
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by Powerco Ltd on 4 May 2004.
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by TrustPower Ltd on 4 May 2004.
10 - 11 March 2005, 29 June 2004
The following settlement was agreed by a number of parties in respect of 2 alleged breaches of the Electricity Governance Regulations (2003) and Rules by the System Operator on 10 & 11 March and 29 June 2004.
2 July 2004
The following settlement was agreed by a number of parties in respect of an alleged breach of the Electricity Governance Rules (2003) by Orion on 2 July 2004.
- Settlement Orion [PDF, 132 KB] posted on web 3 May 2005
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