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Information related to Regulatory Control Period 2 will be updated on a regular basis, and may be found here.
Initiatives Plan
Transpower’s grid services are regulated through five-year regulatory control periods (RCPs). For each RCP we set target levels of performance, and our revenue is set at a level intended to cover the cost of delivering that level of performance into the future. This document sets out our current view of key initiatives we will pursue in coming years to support this process for RCP3, which is the period beginning 1 July 2020.
As we prepare this plan we are entering the RCP2 period, which brings a new performance framework, tighter funding, more complex financial incentive arrangements and new reporting obligations. The magnitude of these changes is such that we cannot respond through incremental changes or initiatives. We have started a transformation process that will drive improved effectiveness and efficiency in coming years, and will support robust planning for the RCP3 period.
The Initiatives Plan may be downloaded 
here [ pdf 5.16 MB ].
In March 2016, we updated our Initiatives Plan – providing more detail on cost estimation and asset health
March 2016 Initiatives Plan Update may be downloaded here.
Update on our asset management approach
The two presentations below are copies of presentations to the Commerce Commission regarding the management of our assets.
- October 2016 presentation [ pdf 1.17 MB ]
- March 2017presentation [ pdf 2.27 MB ]
Integrated Transmission Plan (ITP)
The Integrated Transmission Plan (ITP) is a suite of documents that outline our ten-year plans and bring together our services and expenditure forecasts and asset management plans.
2016
| Title | Description |
|---|---|
|
|
Concise, accessible overview of our plans |
| 2015 Services Report [ pdf 903.89 KB ] |
Defines our service offering and performance targets, and explains how we use these in our business |
| Asset Management Plan [ pdf 1.67 MB ] |
Explains our asset management framework, our management of each asset class and includes a summary of planned works |
| ITP Schedules [ pdf 853.23 KB ] |
Sets out our forecast capital and operating expenditure to the end of RCP3 |
|
|
Accompanies the reports contained within the ITP |
|
|
Identifies backbone grid and regional development plans |
| Compliance Report [ pdf 608.88 KB ] |
Explains how the ITP meets our regulatory requirements |
2015
| Title | Description |
|---|---|
| Integrated Transmission Plan [ pdf 3 MB ] |
Concise, accessible overview of our plans |
| Services Report [ pdf 903.89 KB ] |
Defines our service offering and performance targets, and explains how we use these in our business |
| Asset Management Plan [ pdf 2.42 MB ] |
Explains our asset management framework, our management of each asset class and includes a summary of planned works |
| ITP Schedules [ pdf 236.78 KB ] |
Sets out our forecast capital and operating expenditure to the end of RCP3 |
| ITP Glossary [ pdf 109.8 KB ] |
Accompanies the reports contained within the ITP |
| Transmission Planning Report [ pdf 11.55 MB ] |
Identifies backbone grid and regional development plans |
| Compliance Report [ pdf 123.39 KB ] |
Explains how the ITP meets our regulatory requirements |
Annual Disclosures
|
Year
|
IPP Disclosures (including MAR update) |
Information Disclosure
|
Pricing Compliance
|
|---|---|---|---|
| 2015/16 |  IPP Disclosures [ xlsx 1.73 MB ] |
Information Disclosures [ xlsx 1.7 MB ] |
Directors Certificate [ pdf 322.72 KB ] |
| 2016/17 | |||
| 2017/18 | |||
| 2018/19 | |||
| 2019/20 |
