New dashboard highlights flexibility hedge product trends

The Electricity Authority Te Mana Hiko has published a flexibility hedge products dashboard to increase transparency of hedge disclosure data and help industry make better informed operational and investment decisions.

The dashboard will highlight trends over time following the new hedge disclosure obligations that took effect on 30 October 2024. Data includes prices and traded volumes of key types of flexibility hedge products - peak, super-peak and the standardised super-peak products launched in January. The data set will grow as additional hedge disclosure data is collected under the new arrangements.

Flexibility products help electricity market participants manage volatility in the electricity spot market and in periods when supply is tight and prices increase, as we are seeing now. Flexibility products provide price stability for both buyers and sellers.

In publishing this dashboard we are providing a joined-up set of information on different flexibility management products, including trading quantities and prices. This improves the information available to market participants and supports effective risk management.

This is first step in delivering the Market Development Advisory Group’s recommendation 12 of their final report.

View flexibility hedge products dashboard