General news
Mercury’s MLC clearance decision
- Wholesale
The Electricity Authority Te Mana Hiko has today published a decision paper outlining the reasons for our clearance of a contract between Mercury and New Zealand’s Aluminium Smelter (NZAS).
We cleared Mercury’s draft agreement with NZAS under the materially large contract (MLC) provisions in the Electricity Industry Participation Code (2010).
A finalised contract was subsequently signed by the parties and publicly announced on 31 May 2024 and the clearance remains applicable.
Related 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…
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…
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…