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Updates to the New Zealand Emissions Trading Scheme market model February 2025

This document outlines the technical updates and improvements made to the New Zealand Emissions Trading Scheme (NZ ETS) market model since its previous release in May 2024 and its original publication in August 2023. 

The market model is part of a suite of climate models used by the Government to assess climate mitigation policy. It has been used to support annual NZ ETS unit and price control settings updates and was an input into modelling of the second emissions reduction plan.

Please contact etsconsultations@mfe.govt.nz for a copy of the model. Because the model is a macro-enabled spreadsheet we cannot make it available directly on our website.

See also the original NZ ETS market model documentation – Review of the New Zealand Emissions Trading Scheme: Summary of modelling.

This document outlines the technical updates and improvements made to the New Zealand Emissions Trading Scheme (NZ ETS) market model since its previous release in May 2024 and its original publication in August 2023. 

The market model is part of a suite of climate models used by the Government to assess climate mitigation policy. It has been used to support annual NZ ETS unit and price control settings updates and was an input into modelling of the second emissions reduction plan.

Please contact etsconsultations@mfe.govt.nz for a copy of the model. Because the model is a macro-enabled spreadsheet we cannot make it available directly on our website.

See also the original NZ ETS market model documentation – Review of the New Zealand Emissions Trading Scheme: Summary of modelling.

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