The Electricity Authority is consulting on a change to the Electricity Industry Participation Code.
In August 2022, the Electricity Authority (the Authority) decided to make an urgent amendment to the Electricity Industry Participation Code (the Code). This change prohibits generators from giving effect to contracts of net 150 MW or more, unless certain conditions are met.
The Authority is now consulting on making this amendment to the Code permanent. The consultation runs from 18 August to 31 October 2022, and a decision on the amendment will be made in May 2023.
Electricity Authority consultation: Inefficient price discrimination in very large electricity contracts(external link)
Our submission broadly supports the Authority's proposed Code amendment. Our full recommendations to them state that we: