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
MDAG recommendations update: supporting flexibility access and investment
This is the Authority’s latest update on how we are implementing the recommendations in the Market Development Advisory Group’s (MDAG) final report. It covers …
OTC bids and offers market summary April-June 2026
We have published the second edition of our new quarterly bids and offers summaries for the over-the-counter hedge market.
Feedback sought on review of security of supply standards
The Electricity Authority Te Mana Hiko is reviewing New Zealand's security of supply standards to ensure they continue to reflect an efficient level of investm…
Subscribe to Market Brief
Get the latest news, updates and market insights from the Electricity Authority direct to your inbox.