Electricity Authority
E901092
The Electricity Authority is New Zealand’s independent regulator responsible for overseeing and promoting the efficient operation of the country’s electricity market.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
electricity market regulator
ⓘ
government agency ⓘ |
| aim | deliver long-term benefits to New Zealand electricity consumers ⓘ |
| country | New Zealand ⓘ |
| engagesWith |
electricity consumers in New Zealand
ⓘ
industry stakeholders in the electricity sector ⓘ |
| focus | market-based regulation of electricity ⓘ |
| formedFrom | reform of New Zealand electricity sector regulation ⓘ |
| function |
develop and administer market rules and codes
ⓘ
enforce compliance with electricity market rules ⓘ facilitate consumer participation in the electricity market ⓘ monitor compliance with electricity market rules ⓘ promote innovation and flexibility in the electricity market ⓘ |
| governedBy | board appointed under New Zealand law ⓘ |
| headquartersLocation | Wellington, New Zealand NERFINISHED ⓘ |
| independenceFrom | New Zealand electricity industry participants ⓘ |
| jurisdiction | New Zealand electricity industry ⓘ |
| language | English ⓘ |
| legalBasis | Electricity Industry Act 2010 NERFINISHED ⓘ |
| monitors |
electricity prices in New Zealand
ⓘ
market performance and competition in electricity sector ⓘ |
| objective |
promote competition in the electricity market
ⓘ
promote efficient operation of the electricity system ⓘ promote reliable supply of electricity ⓘ |
| oversees |
Electricity Industry Participation Code
NERFINISHED
ⓘ
electricity market rules ⓘ |
| parentGovernment | Government of New Zealand NERFINISHED ⓘ |
| policyArea | energy policy implementation ⓘ |
| predecessor | Electricity Commission NERFINISHED ⓘ |
| publishes |
guidelines and consultation papers on electricity market changes
ⓘ
market performance reports ⓘ |
| regulates |
retail electricity market in New Zealand
ⓘ
wholesale electricity market in New Zealand ⓘ |
| regulatoryApproach | light-handed regulation with market mechanisms ⓘ |
| reportsTo | New Zealand Minister of Energy and Resources NERFINISHED ⓘ |
| responsibility |
overseeing the operation of New Zealand’s electricity market
ⓘ
promoting the efficient operation of the electricity market ⓘ |
| role | independent regulator of the electricity market ⓘ |
| sector | electricity ⓘ |
| supervises |
operation of New Zealand’s retail electricity market
ⓘ
operation of New Zealand’s wholesale electricity market ⓘ |
| typeOfOrganization | independent Crown entity ⓘ |
| website | https://www.ea.govt.nz/ ⓘ |
| worksWith |
New Zealand electricity generators
ⓘ
New Zealand electricity retailers ⓘ distribution network companies in New Zealand ⓘ transmission system operator Transpower New Zealand NERFINISHED ⓘ |
Referenced by (1)
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