General news

Case study: Enhancing accuracy in deemed energy and reserve offers

  • Code
  • Compliance

To maintain the security, reliability and efficiency of the market, it’s important that generators make accurate offers when competing to sell their electricity on the wholesale electricity market.

Generators are required to have robust processes in place, so their offers never exceed their capability to generate.

This case study highlights the importance of reviewing offers, particularly when relying on the deemed offer rollover. Deemed offers similarly apply to reserve offers, so this case study equally applies to ancillary service agents.

Case study: Enhancing accuracy in deemed energy and reserve offers

It demonstrates how oversights and inadequate processes can lead to incorrect offers, non-compliance, and potential market impacts.

Industry participants can learn from this case study by reviewing their own offer processes and implementing robust checks to ensure accuracy and compliance.

Related News

Submissions published for Task Force’s PPA working paper

The Electricity Authority Te Mana Hiko has published submissions on the Energy Competition Task Force’s working paper Entrant generators – context, headwinds a…

Register now for the Registry Manager training course

The Electricity Authority and Registry Manager (Jade Software) are repeating their popular two-day Registry Manager users’ course designed for those new to the…

Electricity Authority shines new spotlight on the retail market

The Electricity Authority Te Mana Hiko is introducing mandatory retailer reporting of domestic and small business customer data to increase transparency and ac…