Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Major Electricity Users Group to analyse draft TPM decision

Press Release – For Immediate Release

Major Electricity Users Group (MEUG) to analyse draft TPM decision

The Major Electricity Users Group (MEUG) plans to carefully analyse the announcements today by the Electricity Authority on proposed changes to the Transmission Pricing Methodology.

MEUG Chair John Harbord said we have consistently asked the Authority to base any decision to change Transmission Pricing Methodology on a robust cost-benefit-analysis. The material published today has a more comprehensive cost-benefit-analysis than the analysis that accompanied the Authority’s first proposal published 10th October 2012. Whether it meets the test of being sufficiently robust to support the proposal announced today will be the focus of MEUG’s work over the next 8 week consultation period.

“Our experience with the consultation on the first proposal of October 2012 and subsequent working paper consultations has been a willingness by the Electricity Authority and other industry stakeholders to have as much evidential and fact based discussion using a national cost-benefit-
analysis framework. We plan to adopt that approach for this consultation and look forward to the Authority and other parties doing likewise” said John.

ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.