General news

Stress test scenarios unchanged

  • Wholesale

The two stress test scenarios for energy shortage and capacity shortage will apply for January to March 2024. There is no change from the previous quarter. The base case and calculation methodology also remain unchanged.

The stress-testing regime requires certain participants in the wholesale electricity market to apply a set of standard stress tests to their market position. Disclosing participants need to report the results to their Board and to NZX (as the independent registrar appointed by the Electricity Authority). The stress test results are published on the EMI website.

This is a reminder for disclosing participants to ensure their Board considers and accepts the participant’s risk position.

For any questions, contact

Related News

Forward price dip following new Tiwai smelter contracts

On 31 May 2024, three of New Zealand’s largest electricity generators (Meridian, Contact and Mercury) announced new contracts of up to 20 years with New Zealan…

Electricity Authority clears Meridian and Contact smelter contracts

The Electricity Authority Te Mana Hiko has cleared two separate agreements involving Meridian Energy and Contact Energy and New Zealand’s Aluminium Smelter (NZ…

New retail gross margin and internal transfer price data published

We’ve published the retail gross margin and internal transfer price data for the 2022/23 financial year. The internal transfer price is the price at which a ge…