Unaccounted for Electricity

Author: Malcolm Souness, Director, 221b Limited
Originally published 17 May 2016

Over the weekend I found myself looking into the monthly wholesale position of electricity retailers in different parts of New Zealand. The information isn't publicly available, however Market Participants can extract this information using the Reconciliation Manager's GR-120 "Report Unaccounted for Energy" (UFE) reports (refer to Reconciliation Manager Functional Specification pg 132). Read More…

NZ Electricity Reconciliation 101

Author: Malcolm Souness, Director, 221b Limited

A five minute overview of electricity volume reconciliation in the New Zealand electricity market

Why Volume Reconciliation
The purpose of electricity reconciliation is to ensure that generators and users of electricity are allocated the correct volume of energy for each half hour trading period. Payments from traders to generators are made on the basis of half hourly prices.
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