Hedge Market Enhancements discussion paper released
The Authority is reviewing the current market making arrangements to identify problems and opportunities to design and implement a sustainable solution for the long-term benefit of consumers.
We have published a Hedge Market Enhancements (market making) discussion paper: Ensuring market making arrangements are fit-for-purpose over time. The paper lays out issues and opportunities and seeks input and engagement from industry participants to inform Authority thinking.
We want to hear from all interested parties and seek feedback on our analysis-to-date and request more information from participants to support further analysis.
This project and the discussion paper build on the previous work of the Authority, the ASX, market makers, and market participants to evolve the futures market and the market making arrangements that have supported it over the previous decade.
The discussion paper is responsive to the views of the Electricity Price Review Panel and the Government’s response.
The Authority’s Board is targeting a decision in May 2020.
The period to provide feedback closes at 5pm on Monday, 2 December 2019.
The Authority gives notice to participants that, for the purposes of the Electricity Industry Participation Code 2010 (Code), Monday, 20 January 2020 (Wellington Anniversary Day) is declared not to be a business day.
Reminder: Open Networks standards forum and Reconciliation Participant workshop – November 2019
The Authority is hosting two workshops at the Majestic Centre in Wellington this month to provide more information about issues on which we are consulting. If you would like to attend a workshop, you will need to register.
Open Networks standards forum
The forum on Tuesday, 19 November 2019 will cover proposed amendments to Part 6 of the Code to allow for integrating hosting capacity into small-scale distributed generation connections, and other industry standards priorities. This work is part of our Open Networks Development Programme.
The workshop on Wednesday, 20 November 2019 will be of interest to reconciliation participants and will cover proposals to make ICP switching processes more efficient as well as several other relevant updates.
