Disband The Electricity CEO’s Forum For The Good Of The Market – MEUG

June 24th, 2009

The Major Electricity Users Group is using the Ministerial Review of the electricity market as an opportunity to poke the borax at the electricity industry’s CEO Forum, where the five generator-retailer CEO’s meet regularly to discuss common issues. While the Forum always meets with a lawyer present to advise against any anti-competitive discussions, and there is no evidence of collusion at the meetings, MEUG sees the Forum as ripe for such misuse. MEUG executive director Ralph Matthes says “prior CEO behaviour is no indicator that that forum will not be used for cartel purposes in the future.”

MEUG also recommends considering an asset reallocation among the SOE’s to improve wholesale market dynamics, although it is more convinced by the need for the long-desired creation of financial transmission rights and other more sophisticated hedge market instruments to be developed to allow better management of dry year risk. He also recommends considering splitting Transpower’s responsibilities, so that it is no long both the System Operator and Transmission Asset Owner. The full submission is at <www.meug.co.nz>.

Subscribe Today

FREE With
Your Subscription

When you subscribe to NZ Energy & Environment Business Week you will receive every week the valuable NZ Energy & Environment Digest.

The digest contains headlines from all the important news stories affecting the energy and environment sector each week.

It’s designed to keep you up to date with the essential information you need to know.

Also FREE With
Your Subscription

The NZ Regional Economic Scoreboard

Every serious management decision-maker needs to know 'Changes in the Economy'.
The NZ Regional Economic Scoreboard is a quarterly economic indicator, prepared by the Main Report Group in association with ASB Bank Ltd.

It provides exclusive, practical, at-a-glance statistical research including Employment, Retail Trade, House Prices, Construction, Population, New Car Sales and ranks NZ's 16 Regional Council areas.

Also FREE when you subscribe

The Main Report 2012 Management Diary acts as a planner to organise your time more efficiently.

The 2012 Management Diary that has everything you are looking for . . . plus a little bit more.

- Vertical week to an opening, plus a 12-month calendar on every page

- Hourly appointment times

- Gold-edged paper and woven ribbon page marker

- Protective gold corners. Crafted in black patented leather

- Size 189mm x 260mm – fits comfortably in your briefcase, looks impressive on your desk

- Three year reference calendar

- New Zealand and international holidays

- World standard times

- 2012 and 2013 year planners

- Personal Directory, plus most used phone and fax numbers

Normal retail price $39.95.

Order more copies of 2012 The Main Report Management Diary »
Quantity discounts apply Postage and packaging free

NZ Energy & Environment Business Week covers all the areas you need to know:

ENERGY

- Supply Security
- Exploration
- Hydro
- Gas
- Coal
- Renewable
- Wind
- Alternative
- Geothermal
- Reticulation

ENVIRONMENT

- Greenhouse Emissions
- Climate Change
- Bio-security
- Sustainability
- Pollution
- Carbon Trading
- Genetic Engineering
- Waste
- Bio-diversity
- Bio-Packaging
- Eco-Efficiency
- Land Use
- Water
- Conservation
- Legal Matters
- Environmental Rulings
- Court Decisions ...
Priority Reading For Leaders Throughout
New Zealand

"A fantastic, concise publication allowing us to keep track of issues in the environmental and energy fields, when time is a limited resource."

Claire Jewell -
New Zealand Steel Ltd, Auckland

"This newsletter has been welcomed by environment engineering students. Some lecturers are very interested in it as well."

Engineering Library -
University of Auckland

"NZ Energy & Environment Business Week keeps me informed of innovation and developments in the markets and energy industry in general. I need no other periodical."

Mr W G Parke -
NZ Army Energy Manager, Upper Hutt

"It is important to keep up to date with industry news so that we can implement energy efficiency and sustainable development."

Anne Mackenzie -
Build Green Ltd, Christchurch

"This is one place a serious director can get a weekly and useful intelligent journalistic comment and summary of what's on in New Zealand energy and environment news."

Mrs Adrienne Young Cooper - Hill Young Cooper Ltd, Auckland
2011 NZ Energy
& Environment Directory
100% Guarantee

Your satisfaction is 100% guaranteed. If NZ Energy & Environment Business Week doesn't come up to your expectations, you may cancel any time up to the first 60 days of starting your subscription and a full refund will be issued.