Electricity Authority (NZ)
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Electricity Authority (NZ)
The New Zealand Electricity Authority ( mi, Te Mana Hiko) is an independent Crown entity responsible for the regulation of the New Zealand electricity market. The Authority was established in November 2010, following a government review 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 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: * Co ...
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Megan Woods
Megan Cherie Woods (born 4 November 1973) is a New Zealand Labour Party politician who serves as a Cabinet Minister in the Sixth Labour Government and has served as Member of Parliament for Wigram since 2011. Early life Woods was born and grew up in Wigram, Christchurch. She attended high school at Catholic Cathedral College. She obtained a master's degree from the University of Canterbury with her thesis being titled ''Re/producing the nation : women making identity in New Zealand, 1906-1925''. She went on to obtain a PhD in history again at the University of Canterbury with a thesis titled ''Integrating the nation: Gendering Maori urbanisation and integration, 1942–1969''. Professional life Woods was a business manager for Crop & Food Research (2005–08) and its successor organisation Plant and Food Research (2008), based at Lincoln. Political career Woods was a member of the Alliance Party from 1999 until 2002, when she joined the breakaway Progressive Party. She ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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Crown Entity
A Crown entity (from the Commonwealth term ''Crown'') is an organisation that forms part of New Zealand's state sector established under the Crown Entities Act 2004, a unique umbrella governance and accountability statute. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation. Subtypes of crown entities Crown entities come under the following subtypes: * Statutory entities — bodies corporate established under an Act ** Crown agents — organisations that give effect to government policy, such as the Accident Compensation Corporation, which administers no-fault workers compensation ** Autonomous Crown entities (ACE), which must have regard to government policy, such as Te Papa, the national museum ** Independent Crown entities (ICE), which are generally independent of government policy, such as the Commerce Commission, which enforces legislation promoting competition * Crown entity companie ...
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New Zealand Electricity Market
The New Zealand electricity market (NZEM) is a decentralised electricity market regulated by the Electricity Industry Participation Code administered by the Electricity Authority (EA). The authority was established in November 2010 to replace the Electricity Commission. Overview Until 1987, New Zealand had a centrally run system of providers of generation, transmission, distribution, and retailing. Reform has since led to the separation of the monopoly elements from the contestable elements to create competitive markets in energy retailing and generation. Regulation has also been imposed on the natural monopolies of transmission and distribution. Currently the market is split into the following areas: Regulation, administration, generation, market clearing, transmission, distribution, metering and retail. The wholesale market for electricity operates under the Electricity Industry Participation Code (EIPC), and is overseen by the market regulator, the Electricity Authorit ...
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Electricity Commission (New Zealand)
The New Zealand Electricity Commission was a government authority set up in 2003 to regulate the electricity sector in New Zealand. It was succeeded by the Electricity Authority in November 2010. The Commission was established under the Electricity Act to regulate the operation of the electricity industry and markets (both wholesale and retail) in accordance with government energy policy. The Commission was established following extremely dry hydro years in 2001 and 2003, which led to government concerns that the electricity market did not provide adequate security of electricity supply. The first Electricity Commissioner was Roy Hemmingway, who was succeeded by David Caygill in 2007. See also * Electricity Authority (New Zealand) The New Zealand Electricity Authority ( mi, Te Mana Hiko) is an independent Crown entity responsible for the regulation of the New Zealand electricity market. The Authority was established in November 2010, following a government review of the e ...
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Ministry Of Business, Innovation And Employment
The Ministry of Business, Innovation and Employment (MBIE; mi, Hīkina Whakatutuki) is the public service department of New Zealand charged with "delivering policy, services, advice and regulation" which contribute to New Zealand's economic productivity and business growth. History Formed on 1 July 2012, MBIE is a merger of the Department of Building and Housing (DBH), the Department of Labour (DoL), the Ministry of Economic Development (MED), and the Ministry of Science and Innovation (MSI). In October 2018, the newly created Ministry of Housing and Urban Development (HUD) assumed several of MBIE's housing and social policy, funding and regulatory functions including the KiwiBuild programme, the Community Housing Regulatory Authority, and administration of funding for the HomeStart, Welcome Home Loans, the legacy Social Housing Fund and Community Group Housing programmes. On 14 July 2020, the Ministry assumed responsibility for running the New Zealand Government's COVI ...
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Energy Efficiency And Conservation Authority
Energy Efficiency and Conservation Authority (EECA) is a New Zealand government/Crown agency responsible for promoting energy efficiency and conservation. The EECA was set up by the Fourth National Government of New Zealand in 1992 to encourage, support and promote energy efficiency, energy conservation, and the use of renewable sources of energy. The EECA, by promoting energy efficiency, helps to reduce climate change and GHG emissions through energy efficiency measures. History In 2000 EECA became a Crown entity, established under the Energy Efficiency and Conservation Act 2000. It is subject to the Crown Entities Act 2004. The passing of the Energy Efficiency and Conservation Act meant that for the first time, New Zealand had a legislative basis for promoting energy efficiency, energy conservation, and renewable energy. The Energy Efficiency and Conservation Authority is responsible for preparing a national energy efficiency and conservation strategy for approval by the admin ...
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Transpower New Zealand Limited
Transpower New Zealand Limited (TPNZ) is the state-owned enterprise responsible for electric power transmission in New Zealand. It performs two major functions in the New Zealand electricity market. As the owner of the National Grid it provides the infrastructure of electric power transmission that allows consumers to have access to generation from a wide range of sources, and enables competition in the wholesale electricity market; as system operator it manages the real-time operation of the grid and the physical operation of the electricity market. Transpower was initially formed as an operating division of the Electricity Corporation of New Zealand (ECNZ) in 1987. In 1994 it was separated from ECNZ and corporatised to become a state-owned enterprise with its own board of directors and ministerial shareholders, the Minister of Finance and the Minister of State-Owned Enterprises. The New Zealand Treasury's Commercial Operations group (formerly the Crown Ownership Monitori ...
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Commerce Commission
The Commerce Commission ( mi, Te Komihana Tauhokohoko) is a New Zealand government agency with responsibility for enforcing legislation that relates to competition in the country's markets, fair trading and consumer credit contracts, and regulatory responsibility for areas such as electricity and gas, telecommunications, dairy products and airports. It is an independent Crown entity established under the Commerce Act 1986. Although responsible to the Minister of Commerce and Consumer Affairs and the Minister of Broadcasting, Communications and Digital Media, the Commission is run independently from the government, and is intended to be an impartial promotor and enforcer of the law. The Commission undertakes investigations into potential breaches of the Commerce Act 1986 and where appropriate, takes court action. It considers applications for authorisations and clearances in relation to anti-competitive behaviour and mergers, in circumstances where the public benefit outweighs ...
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Electricity Sector In New Zealand
The electricity sector in New Zealand uses mainly renewable energy, such as Hydroelectricity, hydropower, geothermal energy, geothermal power and increasingly wind energy. , 82% of electricity is generated from renewable sources, making New Zealand one of the countries with the lowest carbon dioxide emissions from electricity generation. Electricity demand grew by an average of 2.1% per year from 1974 to 2010 but decreased by 1.2% from 2010 to 2013. The New Zealand electricity market, electricity market is regulated by the Electricity Authority (New Zealand), Electricity Authority. Electricity lines businesses, including Transpower New Zealand, Transpower and the distribution lines companies, are regulated by the Commerce Commission. Control is also exerted by the minister of energy in the New Zealand Cabinet, though the minister for state-owned enterprises and the minister for climate change also have some powers by virtue of their positions and policy influence in the governme ...
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New Zealand Crown Agents
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront Ai ...
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Electric Power In New Zealand
Electricity is the set of physics, physical Phenomenon, phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing Work (physics), work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an externa ...
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