General news

Improving the financial transmission rights market

  • Transmission
  • Wholesale

In 2022, the Electricity Authority consulted on an Issues paper about whether market settings are fit-for-purpose in the financial transmission rights (FTR) market.

The issues ranged from the FTR market’s impact on retail and wholesale competition, participants’ investment decisions, fair pricing, market funding design, regulation and barriers to entry and participation.

We received 17 submissions that can be read on our consultation page.

Having reviewed submissions and undertaken further analysis, we will publish a decision paper with our findings on Tuesday 6 June 2023.

View project: Financial transmission rights

Related News

Proposed changes to market making arrangements

The Authority is seeking to strengthen price discovery and confidence in the electricity forward markets by changing market making arrangements.

Reminder: Stress test disclosure due no later than 23 December

The stress testing regime requires certain participants in the wholesale electricity market to test their exposure to changes in spot electricity prices and …

Review of wholesale market arrangements to unlock benefits of battery energy storage systems

We're seeking feedback on proposed options to improve wholesale market operations for utility-scale battery storage systems. This fits into our wider BESS-rela…