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

Trends in available residential pricing plans

A new report on the trend in available residential pricing plans, or tariffs, over time is available on the Electricity Market Information website.

Market options were available to large energy users in winter 2024

Business closures prompted the Electricity Authority to investigate the options available – we found that hedges available tended to be lower than the overlapp…

Energy Competition Task Force - request for level playing field measures

We are calling for early input from stakeholders to help to ensure that our level playing field measures work is comprehensive.