Wednesday, 12 May 2021, 1:25 pm
A range of
radical solutions are now a step closer to boosting the
agricultural sector thanks to the Food, Fibre and Agritech
Supernode Challenge. Prize winners were named at the
Showcase on 11 May.
Clarospec, a tool to measure lamb
product quality, from AgResearch was the overall winner in
the On-Farm Systems category and took out the Research grand
prize.
KarbenFibre, an environmentally friendly
battery technology to optimise and reduce the cost of flow
batteries using natural fibres was named overall winner in
the Value-Added Product category and runner-up in the
Research
category.
The
grand prize in Enterprise was won by Genesmith with their
Date Time
Commission warns Genesis over business billing errors
The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers.
Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to have breached the Fair Trading Act when, between February 2014 and July 2020, it issued invoices that displayed inaccurate multipliers applied in respect of some electricity line ‘fixture charges’ (see Background below). As a result, Genesis misrepresented the total price to be paid for the electricity services provided to affected business customers.
Genesis is crediting or refunding the 1,576 customers who overpaid $1,138,943 in total. It will not seek to recover charges from the 1,356 customers who underpaid more than $2,400,000 in total.
Press Release – Electricity Authority The New Zealand Electricity Authority has a services contract opportunity for providers of market making services to support the New Zealand wholesale electricity futures market. The Authority reviewed market making arrangements in the New Zealand futures …
The New Zealand Electricity Authority has a services contract opportunity for providers of market making services to support the New Zealand wholesale electricity futures market.
The Authority reviewed market making arrangements in the New Zealand futures market throughout 2020 and decided to procure market making services on a commercial basis.
The Authority is inviting organisations interested in providing market making services to give feedback on its proposed commercial market making scheme through a Request For Information (RFI), released today.