Short Circuit JU LY // june AUG UST mAy 2 0 1230 1 3
Advice to members
HYDRO SITUATION
Tracey Gordon, ATS Energy Account Manager
electricity that you are and no longer using. Ifyour you Now is thesupplies time to be checking maintaining have a smart meter, your energy company will not electrical equipment so that it will be ready for nextbe season. able toout obtain reads to give youforansome accurate Check the winter checklist ideasaccount. of what This you includes not used overofwinter. can do tosupplies reduce your chances problems. If for any reason you need to turn the mains off for a period of time please let ATS Energy know and we can Ifadvise you have any topics that you would like to see your retailer.
covered in this forum please let me know either by If you have topics you like tome see at covered in calling me any on 03 307that 5107 orwould e-mailing this forum please let me know either by calling me on tracey.gordon@ats.co.nz. 03 307 5107 or e-mailing me at tracey.gordon@ats.co.nz.
SHORT CIRCUIT | JULY 2013 MAY / AUGUST JUNE 2013
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Another reminder systems about not turning off the mains for any and electrical
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One of the main areasisofhappening conflict between the electricity andNews the customer in-depth look at what in the market look outsupplier for the ATS in June. arises when the meter is not read regularly. Smart meters should be read monthly, Meridian has recently bought in a new three year contract offer and those and so should irrigation connections. The electricity account states whether it that are looking at new contracts or coming off old contracts will be is based on an actual read or an estimate – if unsure when the last actual offered these. read took place, call Tracey on 0800 BUY ATS (289 287) or 03 307 5107 Meridian is currently ATS members with this offer. If you and we can look intocontacting it. have any questions on what they are offering, or what other options you may have, call me on BUY ATS (289pump 287) to discuss. Winter checklist for0800 trouble free
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Some in the market believe that an oversupply resulting from the smelter’s closure would drive
Checking the meter down the profitability of other generators, even if partially offset by plant closures. For an
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demand. contract settled almost threesnow yearsthat of negotiations, Winter hasThe certainly leftwas its mark soin farOctober this year.2007 Withafter all the rain and fell in June, itand came into force from 1 January this year. was great to see that people had thought of alternative power supplies. We are all very reliant on electricity and farmers more sofor for572 theMW health of their stock.load A backup plandeal. is something all use Meridian provides price certainty of the smelter’s under the The site can farmers should have all year round, not only in winter, as power can go down at anytime. up to 625 MW.
OCT 1 AUG 11NOV SEP 1 OCT DEC 11NOV JAN FEB 11DEC JAN 11MAR FEB 11APR MAY 1 MAR 1 JUN APR
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The supply agreement between Rio Tinto and Meridian is the biggest in the New Zealand
Winter welcome electricitybackup industry. The smelter’s load usually accounts for about 15 per cent of the country’s total
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year, sheep & beef around $6,000. Thereand seems to be the farmers thoughtspend a smelter closure could cause the price of power to drop—but would it really? There has been minimal comment to date from those parties backing this policy.
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This has ledFarmers to speculation around the impact smelter’s potential closure on electricity Federated has voiced its concern with of thethe proposal saying that its implications may not prices. Generators’ valuations, and the effect of the smelter’s on thenor share float haveprivate also have been “fully considered. ” Controlled pricing neither drivesfuture innovation, encourages been questioned. electricity schemes. Arable and dairy farmers on average spend about $25,000 on electricity a
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create real been problems no in private players who would invest in newwith infrastructure, There has a lot with of hype the media over the past few months the releaseleaving of the the Crown to pick up the cost of new capacity. Mighty River Power shares, and of course the breakdown in talks between Meridian and Rio Tinto.
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has been heated debate on the merits and downfalls of this policy from
user groups and thePukaki other interested parties. The Waitaki system,different which includes the Tekapo, and Ohau lakes, held 1,670 GWh of storage, 19 per cent lower than normal for this time of year. Some say that because demand is flat now, by moving to a system of central pricing this could
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Tracey Gordon
NZ Powerisawell flier?upon us with the cooler weather returning Autumn and finally some rain. North Island storage is 57 The biggest debate in the market at the moment would be the per April cent announcement fromfor thethis Labour and of Green parties. TheyIsland plan tolakes deliverheld below average time year. South savings to electricity consumer’s worth between $500 $700 2,136 GWh, 23 per cent below average formillion this and time of million year. aNational year by creating a new Crown agency, NZ Power. storage totalled 2,272 GWh, now 27 per cent NZ Poweraverage will be thefor single buyer of wholesale electricity in the market. There below mid-April.
STORAGE (% OF MAXIMUM)
Information taken from NZX Energy DISCLAIMER: The purpose of this information is to outline historic data and is intended for general reference only