Retailer Insolvency establishes a process that we will follow in the event of a retailer insolvency and the regulatory arrangements that can be put in place to support that process.
The Switching Rules enable consumers to choose and alternate efficiently and satisfactorily between competing retailers. They provide for a centralised database, the Gas Registry, which stores essential technical parameters about every customer installation and facilitates and monitors each customer switch from initiation through to completion.
As of June 2016, the Maui and Vector pipelines came under the ownership of First Gas Limited. First Gas wishes to converge the two existing access arrangements into a single access regime.
The GTAC development work described in the Developing section has overtaken our previous work in relation to transmission pipeline access. However, many of the GTAC innovations are in response to problems identified with the MPOC and VTC access regimes.
There is no current activity in relation to this work programme. We expect the next activity will occur a year or so after First Gas introduces its new transmission access regime, which it aims to do on 1 October 2020.
Since the Security and Reliability work programme commenced there have been significant developments in the gas transmission business. From mid-2016 First Gas became the sole owner of the transmission pipelines previously owned by Maui Development Limited (MDL) and Vector Limited (Vector).
The Gas Act provides for regulations to be made for the purpose of 'providing for the establishment and operation of wholesale markets for gas, including for (i) protocols and standards for reconciling and balancing gas; and (ii) clearing, setting, and reconciling market transactions'.
An industry group was established in 2013 to progress the recommendations of a Panel of Expert Advisers (PEA) in respect of the Gas Transmission Investment Programme (GTIP).
The purpose of this consultation paper was to present Gas Industry Co's assessment of a macro review of the specification for reticulated natural gas in New Zealand (NZS 5442:1999).