General news

Update on review of risk management options

  • Wholesale

The Electricity Authority Te Mana Hiko is progressing our review of risk management options for electricity retailers while continuing to receive responses to our requests for information from participants.

We requested data from non-integrated retailers late last year to build a picture of the state of the hedge market, including detail on over-the-counter (OTC) risk management contract requests and responses to those requests.

Our review team has been analysing the responses received to date. They will soon be requesting data from gentailers to better understand their responses to OTC contract requests, and their perspective on OTC accessibility and pricing.

We have also published a project page which provides more detail on this work and where any proactively released information will be published.

Related News

Forward price dip following new Tiwai smelter contracts

On 31 May 2024, three of New Zealand’s largest electricity generators (Meridian, Contact and Mercury) announced new contracts of up to 20 years with New Zealan…

Electricity Authority clears Meridian and Contact smelter contracts

The Electricity Authority Te Mana Hiko has cleared two separate agreements involving Meridian Energy and Contact Energy and New Zealand’s Aluminium Smelter (NZ…

New retail gross margin and internal transfer price data published

We’ve published the retail gross margin and internal transfer price data for the 2022/23 financial year. The internal transfer price is the price at which a ge…