The Allocation of Water by the New Zealand Electricity Market: effects of particular climatic changes' presented by Lew Evans for MOTU on 8 Nov at BP House, Wellington

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The Allocation of Water by the New Zealand Electricity Market: effects of particular climatic changes' presented by Lew Evans for MOTU on 8 Nov at BP House, Wellington

Evans, Lew

URI: http://researcharchive.vuw.ac.nz/handle/10063/4351

Date: 2012

Rights: Permission to publish research outputs of the New Zealand Institute for the Study of Competition and Regulation has been granted to the Victoria University of Wellington Library. Refer to the permission letter in record: http://researcharchive.vuw.ac.nz/handle/10063/3777

Abstract:

This seminar shows the way the electricity market utilises river flows and the effect of changes in characteristics of these flows on the production and consumption of electricity. It shows how the reservoirs and non-hydro generation are utilised in generation decisions, to shift water use over time to meet seasonal and daily peak consumer demands. It explains how characteristics of the river flow and changes in them are translated into longer term, hedge and retail prices.

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