Project Onslow is the key to unlocking our renewable future
OPINION: It’s no use Kiwis buying electric cars if they are fuelled by coal. To go carbon-neutral, we need to have 100 per cent renewable power.
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OPINION: It’s no use Kiwis buying electric cars if they are fuelled by coal. To go carbon-neutral, we need to have 100 per cent renewable power.
Given the current structure, incentives and behaviour of the electricity market the commission’s scepticism is understandable. The generation market is rigged. There is a huge amount of control concentrated in the hands of a few players. It is dominated by Contact, Genesis, Mercury, Meridian and Trustpower. Meridian alone has 55 per cent to 60 per cent of New Zealand’s hydro generation capacity and 35 per cent of generation supply. CHRISTEL YARDLEY/Waikato Times Spilling of water from dams in 2019 lef to more coal being burnt in Huntly. Meridian’s market power meant it was able to s...