General news
Shift your electricity use and help the New Zealand system
- Wholesale
- Prices
Real-time pricing is changing the way people interact with the wholesale electricity market. From April 2023, large industrial customers can manage their exposure to high spot prices by having part of their electricity load on a fixed price and the other part on demand response. While other businesses and residential consumers could be compensated when they allow their distributed energy resources such as solar and battery systems to be bid into the market on their behalf with a product called “dispatch notification” (subject to approval by the system operator).
Watch our new animation below to find out how this can help unlock innovation and support New Zealand towards a more renewable future.
For more information on real-time pricing, dispatch notification and dispatchable demand enhancements read our RTP explainer.
The system operator is available to discuss how you or your customers’ demand flexibility or distributed energy resources can participate in the wholesale market. Please contact the system operator on market.operations@transpower.co.nz for further details.
Related News
New standardised super-peak hedge product has improved risk management
In 2024 the Electricity Authority Te Mana Hiko’s risk management review found there was limited volume of a financial tool aimed specifically at price risk dur…
Super-peak hedge contract data collection proposal
We're seeking feedback on a proposal to use clause 2.16 of the Code to formalise the collection of standardised super-peak hedge contract trading information.
Consumer insights helping to shape the Electricity Authority’s work
The Electricity Authority's 2025 Consumer Perceptions and Sentiment Survey shows that affordability remains a pressing concern for New Zealanders and reinforce…