Update on review of risk management options

The Electricity Authority Te Mana Hiko is progressing its review of risk management options for electricity retailers after receiving responses to requests for information from participants.

We requested data from non-integrated retailers late last year and earlier this year requested information from gentailers.

Those data requests are available on the Risk management review project page as well as more detail on the review.

Our review team is assessing and analysing the information that has been provided and may request additional information or seek clarification as they work through that process.

Further updates will be provided once the assessment and analysis work has been completed.

The purpose of the review is to test whether the availability of over-the-counter contracts, in the context of other risk management options, is creating a barrier to entry or expansion in the retail electricity market, and therefore harming competition.