News
Strengthening the wholesale market: quarterly update
The Electricity Authority has published its first quarterly report on its delivery of recommendations to support resilient, affordable electricity for the futu…
Change proposed for instantaneous reserve costs allocation
The Electricity Authority Te Mana Hiko is proposing to amend the Electricity Industry Participation Code 2010 to update the way instantaneous reserve procureme…
Six solutions to assist with peak demand issues
We are developing a package of six initiatives to support system security and to better coordinate resources during peak demand periods. Our electricity system…
Changes to improve intermittent generation forecasts
The Electricity Authority Te Mana Hiko is bringing in changes to improve the accuracy of intermittent generation forecasts. We will implement a hybrid forecast…
Alignment statements due for Consumer Care Guidelines
The Electricity Authority Te Mana Hiko requires retailers who supply electricity, used fully or partly for domestic purposes, to provide their Consumer Care Gu…
Authority decides to improve comparison and switching
The Electricity Authority Te Mana Hiko has announced its decision to improve support for consumers in comparing and switching electricity plans and retailers. …
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Why has electricity demand been higher in 2024?
Demand for electricity comes from all over Aotearoa and includes everything from heating homes to smelting aluminium. In 2024, the monthly total electricity demand has been higher than the 2018-23 average.
Watch our June update
Thanks to everyone who joined our quarterly update covering our work to achieve a secure and resilient, accessible and efficient energy system. Chief Executive…
Chair appointed for review into Northland power outage
The Electricity Authority Te Mana Hiko has appointed Sarah Sinclair as independent chair of its review into the Northland power outage after a transmission tow…
Code exemption granted to Lodestone Solar Limited
The Electricity Authority Te Mana Hiko has granted Lodestone Solar Limited an exemption from two clauses in the Electricity Industry Participation Code 2010 th…
Members of the Distribution Connection Pricing Technical Group appointed
The Electricity Authority Te Mana Hiko is pleased to announce the appointment of 11 members to its new Distribution Connection Pricing Technical Group. This gr…
UTS cross-submissions published
Submissions and cross-submissions on the Electricity Authority's preliminary decision on whether an undesirable trading situation occurred following 16 Febru…
Follow-up consultation opens to improve the default distributor agreement
The Electricity Authority Te Mana Hiko is seeking further feedback on proposed changes to improve the default distributor agreement template. The template sets…
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How demand-side flexibility can contribute to security of supply
Demand-side flexibility is a term that describes situations where consumers change the time or the amount of their electricity consumption. By reducing or shifting demand, it reduces the amount of generation needed at the time. This can lower costs for consumers and support security of supply in the electricity market.
Forward price dip following new Tiwai smelter contracts
On 31 May 2024, three of New Zealand’s largest electricity generators (Meridian, Contact and Mercury) announced new contracts of up to 20 years with New Zealand Aluminium Smelter. Shortly following this announcement there were changes to future electricity prices.
Consumer Care Guidelines annual alignment statements due
The Electricity Authority would like to remind retailers that their alignment statement 2023/24 for the Consumer Care Guidelines is due by 9 August 2024. We wi…
Code obligation to submit spot price risk disclosure statements
Under the Electricity Industry Participation Code 2010 disclosing participants must prepare and submit spot price risk disclosure statements every quarter. Thi…
Financial transmission rights manager contract awarded
After undertaking a two-stage procurement process, the Electricity Authority Te Mana Hiko has awarded a contract for the management of financial transmission r…