The Authority considers that enabling a national instantaneous reserve market would promote its statutory objective by increasing competition between instantaneous reserve providers in each island. It would also reduce the quantity of instantaneous reserve procured, benefitting consumers by deferring investment in new capacity.  

The Authority published an information paper, seeking feedback on its proposal to make changes that would enable a national market for instantaneous reserve.

Feedback was to be received by 5pm on 17 February 2015.