The wholesale electricity market is in a period of high spot prices, which started at the beginning of October. The industry can manage through this, as it has in the past.

We have published a Market Commentary story outlining our observations on these high prices and what we’re doing in response.

• Market Commentary: Wholesale market update, Spring 2018

On 1 November 2018 the majority of the clauses in the Electricity Industry Participation Code Amendment (Code Review Programme) 2018 will come into force. The remaining clauses will come into force on either 1 February 2019 or 1 August 2019.
  
The amendments are to  Parts 1, 3, 6, 7, 8, 9, 10, 11, 12, 13, 14, 14A, and 15 of the Code.

• Code amendment and gazette notice 

Amendments to the policy statement

We are consulting on a proposed revision to the policy statement from the system operator. 

• Consultation paper

Started: 02/10/2018; Ending: 09/11/2018 5pm

Market enhancements omnibus one: September 2018

We are coordinating the consultation processes for more minor projects into an omnibus series. In our first omnibus, we are consulting on four areas.

1.    Review of metering and related registry processes.
2.    Access to WITS and the registry.
3.    Switch process review.
4.    Integrating hosting capacity into Part 6 of the Code.

• Consultation paper

Started: 04/09/2018; Ending: 13/11/2018 5pm