Improved electricity futures pricing may come next year

Tue, 27 Oct 2020

Additional firms, including banks and trading houses, could be providing liquidity for the electricity futures market by the end of next year.The Electricity Authority has been looking at ways to improve confidence in ASX futures prices and earlier this year said a broader pool of more diverse market makers could help that.It believes the change from the current voluntary arrangements with the four major generators – Contact Energy, Genesis Energy, Mercury NZ and Meridian Energy – to a commercial model could take several years.But i...

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