The Government’s part-ownership of three of the country’s biggest electricity generators makes it a major beneficiary of the over-pricing in the retailer power market, industry executives and regulators heard on Thursday. Gavin Evans reports.
Trustpower plans further automation in order to lower costs and improve services in the hotly contested power and broadband markets it operates in.
Dairy factories mostly use coal to power the boilers needed to dry milk into powder. Synlait is taking the plunge to install an electricity-powered boiler. It will be the first of many. Gavin Evans explains why that matters.
The news that mattered this morning
Prime Minister designate Jacinda Ardern and New Zealand First Leader Winston Peters have agreed to a coalition agreement that includes a mechanism to ban non-residents from buying existing homes and a $1 billion regional development fund.
It seems this dry winter has been both a blessing and a curse for Contact Energy. It lost revenues because its dams couldn't generate power, but it won customers from those retailers who passed on this winter's more than doubling of wholesale prices.
In today's email we detail how Labour wants to slash inward migration - but the hospitality industry says it is already feeling the pain from the governments 'tweaks'.
For the convenience of subscribers, here's my weekend column on whether the economics of a plug-in hybrid SUV stack up.
Lower-than-forecast inflation figures for the September quarter have extended the expected pause in the Reserve Bank's rate hiking plans and will add to downward pressure on the Government's budget surplus and wage growth forecasts.
For the convenience of email subscribers, here's my weekend column on whether Flick Electric could use new technology and raw market signals to 'do a Trade Me' to the electricity industry.