2023
By integrating demand flexibility and lower-compliance dispatch notification products with a new real-time wholesale electricity market pricing system, the Electricity Authority, Transpower and NZX are helping unlock innovation. Consumers will make real-time consumption decisions based on what they will actually pay for electricity, helping reduce demand peaks and price volatility. Real-time pricing will pave the way for increased renewable generation and help displace thermal generation, driving New Zealand’s transition to a low emissions economy.