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

New deadline for level playing field measures submissions

In response to submitter requests for additional time, we have extended the closing date for submissions on our Level playing field measures options paper by t…

The system operator invites participants' feedback

Transpower is surveying market participants to contribute to the Authority’s annual assessment of their performance as system operator, and how it can better s…

Strengthening the wholesale market for winter 2025

We are progressing recommendations from the 2023 Market Development Advisory Group report to strengthen competition and support security of supply for winter 2…