General news

Join us for an introduction to a new flexibility product for the wholesale market

  • Wholesale

We are hosting an online seminar to introduce the industry designed flexibility product for the wholesale electricity market. Trading of the product will commence in January 2025.

Hear more about the product from the Chair and members of the Standardised Flexibility Products Co-design Group who developed it for the sector. The seminar will run 2–3pm, Wednesday 18 December.

Register for the flexibility product seminar

Standardised flexibility products will deliver forward price discovery for flexible supply and demand. Electricity participants can use this information to make more efficient business decisions, which will improve competition in the wholesale electricity market and reduce costs for consumers.

This work is one of the Energy Competition Task Force initiatives to enhance competition by enabling new generators and independent retailers to enter and better compete in the market. The Task Force is also investigating other initiatives that may provide targeted support for renewables development.

Related News

MDAG recommendations update: supporting flexibility access and investment

This is the Authority’s latest update on how we are implementing the recommendations in the Market Development Advisory Group’s (MDAG) final report. It covers …

OTC bids and offers market summary April-June 2026

We have published the second edition of our new quarterly bids and offers summaries for the over-the-counter hedge market.

Feedback sought on review of security of supply standards

The Electricity Authority Te Mana Hiko is reviewing New Zealand's security of supply standards to ensure they continue to reflect an efficient level of investm…

Subscribe to Market Brief

Get the latest news, updates and market insights from the Electricity Authority direct to your inbox.