Wholesale market
We develop policy, code provisions and systems for the buying and selling of wholesale electricity and for managing security of supply.
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Spot pricing
Published: 07/02/2018 12:00am
A spot price is the half-hour price of wholesale market electricity. The spot price is published by the pricing manager for each point of connection on the national grid. Read More
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Hedge market
Published: 02/12/2013 12:00am
An active hedge or futures market with transparent and robust forward prices and easy accessibility for new entrant generators, retailers and consumers is critical to promote competition, reliability and efficiency in the wholesale and retail markets. Read More
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Security of supply
Published: 20/12/2013 12:00am
Security of supply requires sufficient generation and transmission capacity to maintain normal supply to consumers. Read More
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Information disclosure
Published: 20/04/2017 12:00am
Clauses 13.2B-L impose further obligations on major participants to report on how they are meeting those disclosure obligations. Read More