15571 version 4 Page 1 of 4 Manage enterprise offers into New Zealand wholesale electricity market Level 6 Credits 10 Purpose People credited with this unit standard are able to: demonstrate knowledge of the rules relevant to offering energy into the New Zealand wholesale electricity market; collate and analyse generation system information; produce and review enterprise offer, submit offer, and report on enterprise offer into the wholesale market. Subfield Electricity Supply Domain Electricity Supply - Power System Management Status Registered Status date 23 April 2008 Date version published 23 April 2008 Planned review date 31 December 2012 Entry information Recommended: Unit 15574, Demonstrate knowledge of the New Zealand electricity market operation and regulation, or demonstrate equivalent knowledge and skills. Accreditation Evaluation of documentation and visit by NZQA and industry. Standard setting body (SSB) Electricity Supply Industry Training Organisation Accreditation and Moderation Action Plan (AMAP) reference 0120 This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. Special notes 1 This unit standard is intended for, but not restricted to, workplace assessment. The range statements across the unit standard can be applied according to enterprise specific equipment, procedures, and processes. 2 Safety of personnel and plant must be a priority throughout the assessment. If the safety requirements are not met the assessment must stop. New Zealand Qualifications Authority 2016 15571 version 4 Page 2 of 4 3 Performance and work practices in relation to the elements and performance criteria must comply with all current legislation, especially the Electricity Act 1992, and any regulations and codes of practice recognised under that statute; the Health and Safety in Employment Act 1992; and the Resource Management Act 1991. Electricity supply industry codes of practice and documented industry procedures include the Safety Manual – Electricity Industry (SM-EI) (2004) Wellington: Electricity Engineers’ Association. A full list of current legislation and industry codes is available from the Electricity Supply Industry Training Organisation, PO Box 1245, Hamilton. 4 The phrase in accordance with industry requirements is implicit in all performance criteria in this unit standard. 5 ‘Industry requirements’ include all asset owner requirements; manufacturers’ specifications; and enterprise requirements which cover the documented workplace policies, procedures, specifications, business and quality management requirements relevant to the workplace in which assessment is carried out. 6 Practical exercises should be used for training and assessment where possible. 7 The term EGRs refers to the Electricity Governance Rules 2003, Electricity Governance Regulations 2003 and subsequent amendments which govern the electricity industry markets in New Zealand, available at: http://www.electricitycommission.govt.nz. Elements and performance criteria Element 1 Demonstrate knowledge of the rules relevant to offering energy into the New Zealand wholesale electricity market. Performance criteria 1.1 Electricity generators group market participant specific obligations under the EGRs are described. 1.2 Process for offering energy into the New Zealand wholesale electricity market via the Wholesale Information and Trading System (WITS) is described. Range energy markets, reserve, frequency keeping. New Zealand Qualifications Authority 2016 15571 version 4 Page 3 of 4 Element 2 Collate and analyse generation system information. Range may include but is not limited to – generator availability, transmission constraints, resource constraints, recreation constraints, tributary inflows, weather forecasts, plant constraints, business plan, fuel, strategic plan, outage, pricing, EGRs, legislative requirements, contracts, hedge contracts, embedded generation, active power, reactive power, ramp rates, spinning reserve capability data, high voltage direct current, planned outages. Performance criteria 2.1 Generation system information required for the offer is collected. Range 2.2 includes but is not limited to – data in required format, data integrity ensured, actions to minimise impact of missing data. Validity of generation system information is determined. Element 3 Produce and review enterprise offer into the New Zealand wholesale electricity market. Range includes but is not limited to – day ahead offer, re-offer. Performance criteria 3.1 Offer is created. Range 3.2 may include but is not limited to – short and long term business strategies, enterprise constraints, offer creation tools, analytical tools, industry format, tranches, must-run dispatch auction, fuel costs, intermittent generation, ancillary services. Offer is reviewed, errors identified, and remedial action taken. Range includes but is not limited to – missing data, abnormal prices, generation availability (both national and company), timeframes, accuracy, validity, consideration of adverse weather conditions. Element 4 Submit offer into the New Zealand wholesale electricity market. Performance criteria 4.1 Offer is submitted. Range includes but is not limited to – offer timing, offer submission process, offer tools. New Zealand Qualifications Authority 2016 15571 version 4 Page 4 of 4 4.2 Acceptance of offer is determined, and if not accepted, remedial action is taken. Range includes but is not limited to – confirmation, system errors, processing errors, input errors, re-offer. Element 5 Report on enterprise offer. Performance criteria 5.1 Offer and re-offer information is complete and actioned. Range 5.2 includes but is not limited to – market compliance reports, Electricity Governance Rules Committee reports. Information is recorded in the required format and filed within scheduled timeframe. Please note Providers must be accredited by NZQA, or an inter-institutional body with delegated authority for quality assurance, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be accredited by NZQA before they can register credits from assessment against unit standards. Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards. Accreditation requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The AMAP also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. Comments on this unit standard Please contact the Electricity Supply Industry Training Organisation info@esito.org.nz if you wish to suggest changes to the content of this unit standard. New Zealand Qualifications Authority 2016