General news

Case study: Enhancing accuracy in deemed energy and reserve offers

  • Code
  • Compliance

To maintain the security, reliability and efficiency of the market, it’s important that generators make accurate offers when competing to sell their electricity on the wholesale electricity market.

Generators are required to have robust processes in place, so their offers never exceed their capability to generate.

This case study highlights the importance of reviewing offers, particularly when relying on the deemed offer rollover. Deemed offers similarly apply to reserve offers, so this case study equally applies to ancillary service agents.

Case study: Enhancing accuracy in deemed energy and reserve offers

It demonstrates how oversights and inadequate processes can lead to incorrect offers, non-compliance, and potential market impacts.

Industry participants can learn from this case study by reviewing their own offer processes and implementing robust checks to ensure accuracy and compliance.

Related News

Code changes support potential FTR market development

The Electricity Authority Te Mana Hiko is amending the Electricity Industry Participation Code 2010 so that all loss and constraint excess is available to sett…

Authority changes rules to boost battery flexibility

The Electricity Authority Te Mana Hiko is amending the Electricity Industry Participation Code to remove barriers to battery energy storage systems playing a b…

Transition period for reporting pipeline of network connections

The Electricity Authority Te Mana Hiko is improving transparency by making information about generation and load connecting to distribution networks publicly a…

Subscribe to Market Brief

Get the latest news, updates and market insights from the Electricity Authority direct to your inbox.