The high standard of trading conduct provisions regulate the behaviour of suppliers (generators and ancillary service agents) when they make offers for the supply of generation and instantaneous reserves to the New Zealand wholesale electricity market.
The Market Development Advisory Group (MDAG) believes that the provisions lack certainty. They propose a new set of rules to drive more efficient electricity prices for consumers.
Please see below for MDAG's discussion paper and the submissions received. Based on feedback received at workshops, MDAG then invited cross-submissions which are available below. Our thanks to all who made a submission.
MDAG Discussion paper - High standard of trading conduct25 February 2020
Trading conduct - Fact sheet25 February 2020