Registration of interest for commercial market making services
The procurement process to provide commercial market making services for the New Zealand electricity futures market has commenced with a Registration of Interest published on the Government Electronic Tenders Service (GETS).
The Registration of Interest process will run for 4 weeks, closing on 31 July 2023. Successful respondents will be invited to provide a proposal at the Request for Proposals stage.
New date for the Market Development Advisory Group’s recommendations
The final report from the Market Development Advisory Group (MDAG) project about price discovery in a renewables-based electricity system will now be published…
Review of off-peak prices
In May 2023, off-peak prices were particularly high for trading periods 21-34 at between $78/MWh and $245/MWh. Our Market Monitoring team has conducted analysi…
Stress tests remain unchanged
The two existing stress test scenarios for energy shortage and capacity shortage will continue to apply from October to December 2023. There is no change from …