Entrant generators – context, headwinds and options for power purchase agreements
Consultation
We are seeking feedback on our working paper Entrant generators – context, headwinds and options for power purchase agreements which examines what the Electricity Authority Te Mana Hiko (Authority) could do to improve settings in relation to power purchase agreements (PPAs).
This is one of the eight initiatives being considered by the Energy Competition Task Force (Task Force), which was jointly established with the Commerce Commission in August 2024 to investigate ways to strengthen the electricity market in the short to medium term.
The paper provides a snapshot of our emerging thinking on Task Force initiative 1A, which “consider[s] requiring gentailers to offer firming for Power Purchase Agreements.”
The paper covers some of the opportunities and challenges facing the PPA market in New Zealand, as well as some options to support PPAs to encourage more and faster investment in new generation.
We welcome submissions on the paper by 5pm on Friday 28 February. We will consult on any proposed actions relating to PPAs in April 2025 to support decisions by June 2025.
Consultation paper
Make a submission
We welcome feedback in the format shown in Appendix B to TaskForce@ea.govt.nz by 5pm, Friday 28 February 2025 with ‘PPA working paper’ in the subject line.
If you cannot send your submissions electronically, please contact the Authority on TaskForce@ea.govt.nz or 04 460 8860 to discuss alternative arrangements.
We wish to publish all submissions to be transparent. If you consider that we should not publish any part of your submission, please:
- indicate which part should not be published and explain why, and
- provide a version that we can publish (if we agree not to publish your full submission).
However, please note that all submissions received by the Authority, including any parts that the Authority does not publish, can be requested under the Official Information Act 1982.