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

Deadline extended for non-discrimination obligations consultation

On 26 February, the Energy Competition Task Force launched a consultation on certain aspects of the proposed non-discrimination obligations, which are aimed at…

Are ASX futures prices too high?

In the New Zealand wholesale electricity market, participants can buy and sell hedges as a possible method of managing risk caused by spot price volatility.

Proposals invited from OTC platform providers

The Electricity Authority Te Mana Hiko, on behalf of the Industry Selection Panel, is inviting proposals for an over-the-counter trading platform to support vo…