Compliance Framework: Electricity Consultation PaperLast updated: April 23, 2021
Compliance Framework: Electricity Consultation Paper
Published: April 23, 2021
Submitting To: Ministry of Business, Innovation and Employment (MBIE)
Issue for Business: Submission from BusinessNZ Energy Council The electricity sector needs a fit-for-purpose governance framework to ensure the market is functioning efficiently. MBIE is consulting on the Electricity Authority’s compliance framework which was established more than 20 years ago. The consultation tests changes to the enforcement functions of the Authority, the definition of breaches and penalty cost, as well as some administrative arrangements.