Energy Competition Task Force

Entrant generators – context, headwinds and options for power purchase agreements

Upcoming Open Closed Decision
View submissions Submissions closed 28 February 2025
Share

Consultation

We would like to thank all those who engaged with this consultation that sought feedback on our working paper Entrant generators – context, headwinds and options for power purchase agreements. It examines what the Electricity Authority Te Mana Hiko 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, 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 will consult on any proposed actions relating to PPAs in April 2025 to support decisions by June 2025.

Consultation paper

Working paper: Entrant generators – context, headwinds and options for power purchase agreements

Working paper: Entrant generators – context, headwinds and options for power purchase agreements

Webinar

We hosted a webinar on 18 February 2025 to provide more detail on the issues and options from the recently released working paper which aims to improve settings in relation to PPAs. You can watch the recording online, view the presentation slides and read through the Q+As.

Submissions

Download all submissions (.zip)