Larry Ruff – the history of gas transmission

I’m talking to Larry Ruff, another giant of energy market reform. Larry worked with Bill Hogan, whom many of you enjoyed listening to on the podcast last year, on the design of the UK and New Zealand electricity markets in the 1990s but he’s probably best known as the brain behind Victoria’s gas market. He’s been watching the NZ regime with interest and recently put in an independent submission to the NZ Gas Industry Company’s Review of Transmission Access and Capacity Pricing about which he agreed to come and talk to us.

Last week, we talked a bit about gas market design and the reasons that the NZ Gas Industry Company is looking at transmission access arrangements. This week, we go back in time to the origins of gas transmission to try and understand where NZ’s current access arrangements came from.