Purpose 1. The purpose of these Regulations is to provide for (a) the planning, expansion, safety criteria, reliability and cost effectiveness of the national ...
Application 2. (1) These Regulations apply to (a) the Electricity Transmission Utility in respect of the provision of fair, transparent and non-discriminatory t ...
National Electricity Grid Code Provisions of the National Electricity Grid Code 3. (1) The Commission shall prepare the National Electricity Grid Code which sha ...
Wholesale Electricity Market Establishment of wholesale electricity market 4. (1) There is established by these Regulations a wholesale electricity market to f ...
Market structure 5. (1) The wholesale electricity market consists of (a) a spot market; and (b) bilateral contracts.(2) Electricity generated from the Ako ...
Electricity market rules 6. (1) The wholesale electricity market shall be governed by electricity market rules. (2) The Utility shall within six months of the c ...
Pricing 7. (1) Transmission charges in the wholesale electricity market shall be uniform throughout the country. (2) The spot market price for electricity shal ...
Registration 8. (1) A person shall not participate in trading in the wholesale electricity market unless that person has (a) an operating licence or permit issu ...
Compliance with electricity market rules 9. A market participant shall comply with the electricity market rules. ...
General functions 10. The Utility shall operate and administer the wholesale electricity market and perform the functions assigned to it under (a) the Act, (b) ...
Planning, expansion and safety criteria 11. (1) The Utility shall plan and operate the national interconnected transmission system in a safe, reliable and tran ...
Operation and maintenance 12.(1) The Utility shall operate the facilities and installations constituting the national interconnected transmission system. (2) Th ...
Safety and protection of national interconnected transmission system 13. (1) The Utility shall take the necessary action to protect each facility and installati ...
Utility's compliance with National Electricity Grid Code 14. In the performance of its functions, the Utility shall comply with the National Electricity Grid Co ...
Electricity market administration functions 15. The functions of the Utility in respect of market administration include (a) the development of electricity mark ...
Pre-dispatch scheduling 25. (1) The Utility shall define the pre-dispatch schedule and furnish each market participant with advance information necessary to pla ...
Real-time dispatch 26. (1) The Utility shall ensure that real-time dispatch corresponds with rile 1 PCLlic pre-dispatch schedules. (2) The Utility shall publish ...
Compliance with dispatch instructions 27. A market participant shall comply with the dispatch instructions issued by the Utility. ...
Requirement for billing in wholesale electricity market 28. (1) The Utility shall determine billing and payments arising from any transaction in the wholesale e ...
Settlement of account 29. (1) The Utility shall (a) establish procedures for the electricity market in respect of the settlement of accounts of each market part ...
Balancing 30. The Utility shall undertake the balancing in respect of an invoiced transaction of a market participant at least once a month. ...
Audit of settlements 31. (1) The Utility shall institute the necessary control measures to ensure the effectiveness of a settlement process. (2) The settlement ...
Market monitoring 32. (1) The Utility shall monitor and investigate the conduct of each market participant and the structure and performance of the wholesale el ...
Investigations 33. (1) The Utility may initiate an investigation into any activity in the wholesale electricity market or the conduct of a market participant wh ...
Enforcement 34. (1) The Utility shall enforce compliance with the market rules, market manual and the system operation manual. (2) The Utility may impose ...
Energy Conservation programmes 37. (1) The Commission shall, in consultation with the Minister, develop energy efficiency and conservation programmes and annual ...
