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
Electricity Authority improves visibility of competition in the over-the-counter contract market
Following two rounds of consultation we have decided to introduce a requirement for participants to provide us with information on requests for over-the-counte…
Electricity hedge prices compared to new estimate of the LCOE
In an 'Eye on electricity' article in June, we compared the prices of long and short hedges to estimates of the levelised cost of electricity and short run mar…
Questions invited on standardised super-peak hedge contract independent report
The Electricity Authority is offering interested parties the opportunity to ask questions to clarify their understanding of an independent report we commission…