We are the kaitiaki of electricity

New Zealand's electricity regulator

Industry 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…

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Settlement residual allocation methodology

How the settlement residue is allocated amongst transmission customers, as prescribed in the Code.

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Submissions open until 30 June 2023

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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.

Wires
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.

About the Code