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Give New Zealand's power-market players level playing field, regulator says

By Saloni Sinha ( March 3, 2025, 06:13 GMT | Insight) -- New Zealand's four major energy generator-retailers face potential mandatory non-discrimination rules for electricity hedge contracts, aimed at increasing market competition, the country's antitrust regulator has said. In a statement, New Zealand Commerce Commission said its Energy Competition Task Force concluded that introducing mandatory non-discrimination measures could prevent the generator-retailers, or “gentailers,” from giving preferential treatment to their retail arms in relation to hedge contracts. Genesis Energy, Contact Energy, Meridian Energy and Mercury — New Zealand's four major energy generator-retailers — face potential mandatory non-discrimination rules for electricity hedge contracts, aimed at increasing market competition, the country's antitrust regulator has said....

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