Electricity Authority stress testing to gauge supply risk

Mon, 18 Nov 2019

Major power users and retailers buying electricity direct from the wholesale market will have to show they are aware of the potential risk to their supplies during a period of combined gas field shutdowns and transmission maintenance work early next year.For the first time, the Electricity Authority has added a specific event to the quarterly stress tests it requires participants to undertake to ensure they are properly managing their exposure to spot prices.“The purpose of the arrangements is to better protect consumers from the consequences o...

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