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Electricity Authority confirms market manipulation ruling

Year-long investigation ends; draft paper on ‘corrective’ action starts.

Reweti Kohere Tue, 22 Dec 2020

In a final ruling, the Electricity Authority has doubled down on a preliminary finding that a lack of competitive pressure in the wholesale market led to inflated power prices for Kiwis in December 2019.

The electricity market’s regulator has concluded a year-long investigation after

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Reweti Kohere Tue, 22 Dec 2020
Contact the Writer: reweti@nbr.co.nz
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Electricity Authority confirms market manipulation ruling
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