We are the kaitiaki of electricity
New Zealand's electricity regulator
News
View all newsIndustry simulation exercise
In preparation for winter, the Electricity Authority recently held an industry simulation exercise alongside Transpower as the system operator. The first day o…
Improving the financial transmission rights market
In 2022, the Electricity Authority consulted on an Issues paper about whether market settings are fit-for-purpose in the financial transmission rights (FTR) ma…
Spot market price volatility in May 2023
In May 2023, the electricity spot market experienced extreme price volatility. Spot prices swung between $0.01 and $3,350/MWh. However, despite occasionally hi…
Our projects
View all projectsSettlement residual allocation methodology
How the settlement residue is allocated amongst transmission customers, as prescribed in the Code.
Code review programme
Code review programmes address various themes or issues that arise in the Code.
Commercial market making
Making the electricity futures market more efficient.
Industry
Setting and enforcing the Code
We set the Electricity Industry Participation Code 2010 - it's the rules that governs nearly every aspect of New Zealand's electricity industry.
It's each industry participant’s responsibility to comply with industry regulations and the Code, but we're here to support and advise.
We monitor and enforce the rules so that participants operate on a level playing field and consumers are treated fairly.
