It is all fairly civilized
I kind of gain the impression that some people have gained the wrong impression of the electricity market, possibly as a result of an interpretation of something I wrote. Sorry.
It is not a speculative market, it is a highly regulated market and bids and offers are not being made and pulled in the blink of an eye.
Everybody knows a couple of hours in advance how much electricity they will need to actually produce from each of their generation assets.
Best Wishes
Paper Tiger
Attachment 5781
Source: http://www.emi.ea.govt.nz/