General news
Improving the financial transmission rights market
- Transmission
- Wholesale
In 2022, the Electricity Authority consulted on an Issues paper about whether market settings are fit-for-purpose in the financial transmission rights (FTR) market.
The issues ranged from the FTR market’s impact on retail and wholesale competition, participants’ investment decisions, fair pricing, market funding design, regulation and barriers to entry and participation.
We received 17 submissions that can be read on our consultation page.
Having reviewed submissions and undertaken further analysis, we will publish a decision paper with our findings on Tuesday 6 June 2023.
View project: Financial transmission rights
Related News
Authority to begin competitive MOSP procurement process in June
The Electricity Authority Te Mana Hiko plans to start a competitive procurement process for five Market Operation Service Provider services.
Consultation opens on improving prudential security arrangements
The Electricity Authority Te Mana Hiko is consulting on two proposed Code amendments to improve the efficiency of prudential security arrangements without incr…
Half-hourly volume data must be submitted for reconciliation
The Electricity Authority Te Mana Hiko has decided to amend the Electricity Industry Participation Code to require traders to submit aggregated half-hourly met…