Commercial market making

Ensuring market-making arrangements are fit-for-purpose over time

Upcoming Open Closed Decision
View submissions Submissions closed 16 June 2020
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Overview

The exchange traded New Zealand electricity futures market performs two key functions:

  • participants use it directly and indirectly to manage their spot price risk, and
  • participants and other interested parties use the forward price curve the futures market creates to inform a wide range of investment and operational decisions.

These market functions promote the long-term interests of consumers by enabling efficient decisions and fostering competition.

On 21 April 2020 the Electricity Authority published a consultation paper to seek feedback on the approaches we should consider for an enduring solution and any trade-offs that need to be made under each possible approach.

This consultation closed on 16 June 2020.

We released a decision paper on this consultation on 27 October 2020.

For further information email Hme.feedback@ea.govt.nz.

Decision paper

Ensuring market-making approach - decision paper

Ensuring market-making approach - decision paper

This decision paper sets out our implementation pathway and priorities

Stakeholders will be invited to engage with us and help shape our decision-making and the detailed design as part of our implementation process.

Consultation paper

Ensuring market-making arrangements are fit-for-purpose over time - consultation paper

Ensuring market-making arrangements are fit-for-purpose over time - consultation paper

We are reviewing enduring market-making arrangements. We are particularly interested in feedback on whether the approaches and trade-offs identified are the most relevant to support a decision for the long-term benefit of consumers.

Submissions

Download all submissions (.zip)