New players sought for electricity futures market

New players sought for electricity futures market
Gavin Evans
The Electricity Authority is aiming to get at least one new player providing liquidity for the electricity futures market by 2022.The regulator today issued a formal request for information from organisations interested in being paid to provide ‘market-making’ services. It wants to use that process to help design the new arrangements with potential providers before proceeding to a formal request for proposals later this year.The new providers, potentially another generator or banks, trading houses, or large users, would operate alon...

More Infrastructure

Opening day congestion for untolled Penlink highway – NZTA
Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024
Downtown car park building legal challenge 'resolved'
Infrastructure

Downtown car park building legal challenge 'resolved'

Society challenging the sale to Precinct raised 0.4% of its High Court funding target.

Oliver Lewis 25 Jul 2024
Govt to fight receivers over $30m Tui oil field tax credit
Infrastructure

Govt to fight receivers over $30m Tui oil field tax credit

Crown bid to have liquidators cover decommissioning costs is subject to approval.

Victoria Young 24 Jul 2024
Govt agrees 'in principle' to $10b worth of Northland roading PPPs
Infrastructure

Govt agrees 'in principle' to $10b worth of Northland roading PPPs

The Northland expressway project could be one of the first PPPs out of the gate.

Dileepa Fonseka 23 Jul 2024