General news

Join us for an introduction to a new flexibility product for the wholesale market

  • Wholesale

We are hosting an online seminar to introduce the industry designed flexibility product for the wholesale electricity market. Trading of the product will commence in January 2025.

Hear more about the product from the Chair and members of the Standardised Flexibility Products Co-design Group who developed it for the sector. The seminar will run 2–3pm, Wednesday 18 December.

Register for the flexibility product seminar

Standardised flexibility products will deliver forward price discovery for flexible supply and demand. Electricity participants can use this information to make more efficient business decisions, which will improve competition in the wholesale electricity market and reduce costs for consumers.

This work is one of the Energy Competition Task Force initiatives to enhance competition by enabling new generators and independent retailers to enter and better compete in the market. The Task Force is also investigating other initiatives that may provide targeted support for renewables development.

Related News

Electricity Authority seeks input on Emergency Reserve Scheme

The Electricity Authority is seeking feedback on the proposed establishment of an Emergency Reserve Scheme to provide an extra layer of protection against unpl…

Have your say on improving prudential security arrangements

We invite you to share your feedback on the issues and options for improving prudential security requirements for small retailers.

Feedback sought on proposed SOSFIP changes

The System Operator has begun consultation on proposed changes to its Security of Supply Forecasting and Information Policy.