Industry Code Development ( ICD) Process
The ICD process is a facilitated consultative forum at which pipeline owners, industry participants, and Gas Industry Co work together to design and implement a unified balancing regime for the gas transmission system that will avoid or minimise the need for regulatory intervention to achieve the relevant objectives of the Gas Act and GPS.
In order to participate in the process each party must complete the ICD Process Commitment Form, by which they agree to the terms of reference; contribute toward the funding; and attend weekly meetings. The links to the Commitment Form and Terms of Reference are provided below.
090918 - Gas Industry Co - Agenda for 18 September 2009 ICD meeting
090918 - Gas Industry Co - Work Plan: suggested coverage
090925 - Gas Industry Co - Minutes of 18 September 2009 ICD meeting
090925 - Gas Industry Co - Agenda for 25 September 2009 ICD meeting
090925 - Gas Industry Co - Balancing objectives
090925 - Gas Industry Co - Draft Balancing Regime Checklist
091002 - Gas Industry Co - Minutes of 25 September 2009 meeting
091002 - Gas Industry Co - Agenda for 2 October 2009 ICD meeting
091002 - Maui Development Ltd - ICD Presentation
091002 - Gas Industry Co - D+1 Presentation
091002 - Gas Industry Co - Note on Governance
091009 - Gas Industry Co - Minutes of 2 October 2009 ICD Meeting
091009 - Gas Industry Co - Agenda for 9 October Meeting
091009 - Vector Gas Limited - Balancing Contractual Option Presentation
091009 - David Bott - Unification: Beyond the Residual Presentation
091016 - Gas Industry Co - Agenda for 16 October ICD Meeting
091016 - Gas Industry Co - Statement of Proposal Presentation
091023 - Gas Industry Co - Agenda for 23 October ICD Meeting
091023 - Gas Industry Co - Minutes of 9 October 2009 Meeting
091023 - Gas Industry Co - Minutes of 16 October 2009 Meeting
091023 - Maui Development Limited - Tolerances and Welded Party Claims Presentation
091030 - Gas Industry Co - Agenda of 30 October 2009 ICD Meeting
091030 - Gas Industry Co - Minutes of 23 October 2009 ICD Meeting
091030 - Maui Development Limited - ICD Presentation
091030 - Contact Energy - Notional Welded Points presentation
091030 - Contact Energy - Notional Welded Points paper
091030 - Contact Energy - Notional Welded Points model
091106 - Gas Industry Co - Agenda for 6 November 2009 ICD Meeting
091106 - Gas Industry Co - Minutes of 30 October 2009 Meeting
091106 - OnGas Limited and New Zealand Steel - Nomination Cycle Times presentation
091106 - Gas Industry Co - HoA Schedules presentation
091113 - Gas Industry Co - Agenda for 13 November 2009 ICD Meeting
091113 - Gas Industry Co - Minutes of 6 November ICD Meeting
091120 - Gas Industry Co - Agenda for 20 November ICD Meeting
091120 - Gas Industry Co - Minutes of 13 November ICD Meeting
091120 - Gas Industry Co - Minutes of 20 November ICD Meeting
Memorandum of Understanding- Integrated Gas Balancing Regime
The output of the ICD process was a Memorandum of Understanding (MoU) intended to provide a high level of confidence that an industry solution is achievable and could come into affect by 1 October 2010.
The MoU describes the principles and a package of changes to achieve an integrated gas balancing regime through changes to the existing contractual framework. Although the MoU is non-binding, the 11 companies who participated in the ICD process agreed that it should be signed as an indication of support.
Responses from companies who supported the MoU were:
Contact Energy - Memorandum of Understanding
Genesis Power Limited - Memorandum of Understanding
Greymouth Gas New Zealand Limited - Memorandum of Understanding
Maui Development Limited - Memorandum of Understanding
Mighty River Power - Memorandum of Understanding
Multigas New Zealand Limited - Memorandum of Understanding
New Zealand Steel Limited - Memorandum of Understanding
OMV New Zealand Limited - Memorandum of Understanding
Todd Energy Limited - Memorandum of Understanding
Responses from companies who did not sign the MoU were:
Vector Gas Contracts Limited - Letter regarding Memorandum of Understanding
Vector Gas Limited - Letter regarding Memorandum of Understanding
Gas Industry Co acknowledges the content of the MoU and has considered its content and the level of support it has obtained.
Consideration of Recent Balancing Industry Initiatives
The 'Consideration of Recent Industry Balancing Initiatives' paper investigates whether any industry initiatives on balancing matters since the development of Gas Industry Co's October 2009 Statement of Proposal would cause it to reassess the conclusion of that paper.
Consideration of Recent Industry Balancing Initiatives