Launch of New Zealand's first utility-scale Battery Energy Storage System (BESS)
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- Updated November 27, 2024
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Letter to ENA about ENA's concerns with the weighted average cost of capital (WACC) estimates and Consumer Price Index (CPI) forecasts. The ENA claims WACC is unrealistically low, and the CPI forecast biases lead to greater downside risks, prompting a review request before the final determination of the third default price-quality path (DPP3).
ENA letter to the Commerce Commission about concerns regarding the Weighted Average Cost of Capital (WACC) for the upcoming regulatory period. The submission highlights issues with an unsustainably low WACC estimate and biases in CPI forecasts, both of which may impede necessary investment by electricity distribution businesses.
ENA submission to the Ministry of Business, Innovation & Employment about the phase-out of Low Fixed Charge (LFC) Regulations. The submission argues for the continuation of the phase-out, citing its significance for more efficient distribution pricing and the development of innovative retail pricing enabled by electricity distribution businesses (EDBs).
ENA submission to the Finance and Expenditure Committee about concerns with the Local Government (Water Services) Bill. The submission highlights issues with clauses that allow third parties to modify or remove electricity infrastructure, which ENA believes could pose security, cost, and safety risks, and suggests amendments to align with existing laws.