Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Paper released on investment in generation

26 April 2006

Media Statement by Acting Energy Minister Trevor Mallard

Discussion paper proposals aim to increase investment in generation

Acting Energy Minister Trevor Mallard today announced the release of a discussion paper looking at options to encourage electricity lines companies to make increased investment in generation.

Investment in Electricity Generation by Lines Companies, drafted by the Ministry of Economic Development, considers a number of changes to the Electricity Industry Reform Act 1998 (EIRA) – which enforced separation of ownership of electricity lines and supply businesses, with limited exceptions.

"This is not a full-scale review of the current legislation. But it's likely that there are a number of things we can do to get better coordination between electricity lines and generation operations, in this way increasing the efficiency of the overall electricity market, and the opportunity for lines businesses to invest in generation," Trevor Mallard said.

The options canvassed in the discussion paper include allowing lines companies to trade in electricity hedges, relaxing some arms-length separation rules for lines companies involved in generation, and clarifying parts of the Act to help reduce uncertainties about how the legislation is applied in practice.

"These options could potentially help create a better environment for much-needed investment in generation. However, it's also important that we balance any changes against the risk of lessening competition in the electricity market."

This discussion paper follows an earlier round of consultation in March last year, which sought industry views on the specific issue of allowing lines companies to trade in electricity hedges. During consultation on that paper, stakeholders raised a number of other options, and a decision was made to run a further round of consultation, including additional options.

Submissions on the discussion paper are welcomed by 25 May 2006.

The discussion paper can be found on the Ministry of Economic Development website at


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election