NZX Energy operates the New Zealand day-to-day wholesale electricity market - from the calculation of energy prices, through the allocation of electricity volumes to participants, to the market settlement process. It also has responsibility for the allocation process for the gas market.

We provide these services to the Electricity Authority and the Gas Industry Company as part of its obligations as service provider, within the requirements of the Electricity Governance Rules and Regulations and the Gas (Downstream Reconciliation) Rules.

NZX Energy also operates the wholesale information and trading system for the electricity market, WITS. Our service provider obligations specify near 100 percent levels of up-time and zero percent processing errors, and we maintain these levels consistently.

Financial Transmission Rights (FTR) Draft Prudential Security Assessment Consultation

NZX, as the Clearing Manager for the New Zealand wholesale electricity market is consulting on its draft prudential security assessment methodology. EMS, the FTR Manager, is also consulting on the FTR allocation methodology.

The Consultation period runs from 10 April 2012 to 22 May 2012.  Please contact the Clearing Manager for additional information at cmanager@nzx.com.

Download consultation document.

Your submission is likely to be made available to the general public on the Authority’s website. Submitters should indicate any documents attached, in support of the submission, in a covering letter and clearly indicate any information that is provided to the Authority on a confidential basis. However, all information provided to the Authority is subject to the Official Information Act 1982.

A workshop covering the consultation material and providing an opportunity for interactive feedback was held on 3 May 2012 at Transpower House on the Terrace in Wellington.  Slides from the presentation are available for download below.

Download workshop presentation.

Understanding Electricity Markets

This intensive two-day course prepares industry participants, stakeholders, major users, service providers and government officials for the challenges and opportunities in a competitive electricity market. Delivered by experienced market practitioners with first hand knowledge of energy markets, the program involves small master-class style presentations, practical case studies and a hands-on experience of electricity market price outcomes.

After participating in the two-day NZX Energy Understanding Electricity Markets course, you’ll be familiar with the fundamentals of electricity markets, how they operate, and be up-to-date with the latest developments in electricity market reform.

Our next course is being held in Wellington on the 30th and 31st of July 2012.

Register before the 15th of July 2012 for early bird rates!

Download brochure and Enrolment Form.

For further information, please email training@nzx.com or call +64 4 498 2184.