8CReports by Assessor

8C Reports by Assessor

(1)  The Assessor is to publish on the Assessor’s website a monthly report in relation to energy in storage levels, the PSL and the HRL.

(2)  The Assessor, not later than 30 November each year, is to prepare and give to the Minister a report on the performance of the Assessor's functions and the exercise of the Assessor's powers under this Act in the preceding 12 months.

(3)  The report provided under subsection (2) is to include the following:

(a) an examination of the forecast energy in storage levels and forecast demand for energy;

(b) consideration of whether the energy in storage levels are likely to drop below the PSL or the HRL;

(c) a review of changes to the balance between supply and demand for energy, and recommendations to ensure the maintenance of security of energy supply;

(d) any other matters that the Assessor thinks appropriate.

(4)  The Assessor is to cause a copy of the report to be published on the Assessor’s website.

(5)  If the Assessor considers that a change in the PSL or the HRL is required, the Assessor is to provide the Minister with advice to that effect.

(6)  In preparing the advice under subsection (5) , the Assessor is to consult with Hydro.