Electricity generators lose 'safe harbour' protection

Electricity trade rules are changing after spilling events

Tue, 01 Jun 2021

Changes have been made to electricity market trading rules to try and reduce what some have criticised as manipulation to boost profits.The sector’s regulator – the Electricity Authority (EA) – said it is replacing the requirement for a “high standard of trading conduct”, which had been widely criticised as being too vague.Major generators said it was difficult for them to operate against that standard, especially when there was a limited amount of supply going into the wholesale market. Others – particu...

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