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

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.