Meridian Energy Wholesale Electricity Investigation

Brattle experts advised Meridian Energy during an investigation by the New Zealand Electricity Authority (NZEA) into allegations that Meridian spilled excess water from its South Island hydro dams, which would have impacted wholesale prices. The team submitted a report to the NZEA that analysed Meridian’s conduct in the context of the operating rules and characteristics of the New Zealand electricity market, to evaluate the particular circumstances and economic rationale giving rise to the conduct and its market impact.