Amendment with the Authority for approval
On 1 November we provided to the Authority our Policy Statement amendment proposal for their consideration, per clause 7.21 of the Code. Our proposal letter responds to the submission we received. The Authority will advise in due course whether they approve the draft Policy Statement or if further consultation is required.
Closed for comment
We have completed our regular review of the Policy Statement and invite comments from the electricity industry on our proposed changes. The Policy Statement describes the policies and processes we use as the system operator to meet the principal performance obligations (PPOs), and manage technical compliance and conflicts of interest.
We propose to update the security policy (Chapter 1 of the Policy Statement) to more transparently reflect existing operational processes, particularly around management of credible events that threaten system stability, and practices for demand management.
In the course of the review we identified further areas of the security policy that could be improved by addition of detail about the process we follow to identify and mitigate low residual capacity situations near real time. We have not proposed any specific changes at this time. However, we are interested to hear participant’s perspectives on how the security policy as a whole can be amended to improve understanding of and confidence in these processes. This information would usefully inform a review and consultation on our processes, parameters and communications for mitigating potential capacity shortfalls, that is planned for completion before winter 2025.
The changes to the Policy Statement are marked up for easy identification and there is also a summary document explaining the reasons for the proposed changes.
The following documents are available for your information/comment:
- Consultation information for participants
- Policy Statement Draft (clean)
- Policy Statement Draft (redline)
Submissions
We received one submission, which you can read below.
We have reviewed the submission received to the consultation and made no changes to the consulted draft document.
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