On 10 October we made our decision on Transpower’s proposal to replace the conductors and strengthen the structures of a 9.5km section of its high voltage direct current (HVDC) transmission network in Wellington.
On 28 March 2018 we set a customised price-quality path applying new revenue limits and quality standards for Powerco covering the period April 2018 to March 2023.
The Commission is reviewing the productivity and efficiency of EDBs. This will be an ongoing project with the intention of embedding periodic assessments and publications on EDBs’ productivity/efficiency within the Commission’s performance and understanding function.
The current default price quality path for electricity distribution businesses (DPP3) is due to expire on 31 March 2025 and we must make a decision by 30 November 2024 on the next default price-quality path to apply (DPP4).
Transpower’s New Zero Grid Pathways comprise a series of proposed investments to enhance the capacity of the core electricity transmission grid between Bunnythorpe and Whakamaru power stations, and the HVDC link across the Cook Strait, in order to accommodate potential new renewable generations and meet expected future electricity demand.
This project amends the 2020–2025 default price-quality path (DPP) determination for electricity distributors to contain price settings that provide for Powerco’s transition to the default price-quality path on 1 April 2023.
We have now completed the Targeted Information Disclosure Review (2024) for electricity distribution businesses as required under Part 4 of the Commerce Act 1986.
We have now completed the Targeted Information Disclosure Review (2024) of the information disclosure requirements that we previously set for electricity distribution businesses under Part 4 of the Commerce Act 1986.