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Press Release – Electricity Authority The Electricity Authority has decided on a new trading conduct rule. Trading conduct rules are designed to ensure appropriate behaviour in the wholesale electricity market. At times, New Zealands system relies heavily on one or a small number of suppliers …
The Electricity Authority has decided on a new trading conduct rule.
Trading conduct rules are designed to ensure appropriate behaviour in the wholesale electricity market. At times, New Zealand’s system relies heavily on one or a small number of suppliers to meet demand. The trading conduct rules intend to prevent suppliers taking advantage of such situations. The rules set out the expected behaviour while still allowing prices to signal genuine scarcity of supply.
The Electricity Authority has decided on a new trading conduct rule. Trading conduct rules are designed to ensure appropriate behaviour in the wholesale electricity market. At times, New Zealand’s system relies heavily on one or a small number of suppliers .