In November 2016, following the first year anniversary of the introduction of Market-Based Balancing (MBB), Gas Industry Co released Review of Market-Based Balancing (MBB Review) for stakeholder feedback. The MBB Review found that primary and secondary balancing had significantly improved, and that there was scope for further improvement.
As of June 2016, both the Maui and Vector pipelines came under the ownership of First Gas Limited (First Gas). First Gas intends to replace the two existing access codes with a single transmission access code (GTAC), and is updating associated business practices, systems, and documentation.
On 20 April 2016 Vector Gas Limited – owner of the Vector transmission system – was acquired by First State Funds, two infrastructure funds managed by First State Investments, known in Australia as Colonial First State Global Asset Management. Vector Gas Limited was renamed First Gas Limited (First Gas).
Gas Industry Co published the independent expert review of Vector's transmission capacity arrangements in February 2009, and it is available by clicking on the link below. Note that this paper is not a consultation paper, but comments are welcome.
This paper presents Gas Industry Co's recommendations relating to the gas standard for reticulated natural gas in New Zealand. The recommendations consider (a) the limits defining NZS 5442:1999 and (b) the current arrangements to enforce the gas specification.
Amendments to Gas Governance Arrangements
With the potential introduction of green gases into downstream networks, we identified key aspects of the downstream reconciliation arrangements that will need to change.
Also in this update:
Our office hours over the summer break. Wellington Anniversary Day. We’re seeking your views on our Advanced Gas Metering Infrastructure – Submissions Review and Recommendations. An update on our paused Critical Contingency Management Regulations Review. Latest switching updates. Read full article
This consultation paper outlines our proposed thresholds that would form Market Administrator guidelines pursuant to regulation 19A of the Gas Governance (Compliance) Regulations 2008 (the Compliance Regulations), as specifically relating to the following rules:
rule 37 of the Gas (Downstream Reconciliation) Rules 2008 (the Reconciliation Rules)
rule 67.