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Blackout debacle generates plenty of wind but little useful energy

Blackout debacle generates plenty of wind but little useful energy
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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Has Labour been sitting on the solution to fix the power market all along?

Has Labour been sitting on the solution to fix the power market all along?
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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Energy Minister Megan Woods concerned high electricity prices may 'persist'

But Harbord said the Interim Climate Change Committee had found prices above $115/MWh were “unaffordable for the economy”.
Woods said in a June letter to retailer ElectricKiwi that she was concerned about the current performance of the electricity market “and whether the current shift towards higher electricity prices will persist and continue to adversely affect smaller retailers and consumers”.
The Electricity Authority is currently conducting a review of the wholesale market, which it expects to complete in September.
Independent retailers ElectricKiwi and Flick Electric have previously said they have lost confidence in the regulator.
ElectricKiwi chief executive Luke Blincoe told Woods the authority had sought to “put a positive spin on the market it has designed, even when it’s failing”. ....

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High energy prices force Norske Skog into gas sales

Major Energy Users Group believes more jobs will be lost as hedging no longer an option.
Major Electricity Users’ Group (MEUG) member Norske Skog has been operating at 50% capacity due in part to the high price of energy used in its production processes, opting instead to on-sell its natural gas to other users, says MEUG chairman John Harbord.
High energy prices pushed Norwegian listed pulp and paper company to close operations for an entire fortnight in late March, Harbord said. Suspending operations and on-selling gas supplied under long term contracts is “the only way they can make any money to stay afloat”, he said. ....

John Harbord , Norske Skog , Major Electricity User Group , ஜான் ஹார்போர்ட் , முக்கிய மின்சாரம் பயனர் குழு ,

Manufacturing companies question hike in power prices

Manufacturing companies question hike in power prices
Nicholas Pointon
© ASSOCIATED PRESS
Meridian Energy spokesperson said the current prices were the result of extremely low rainfall for months
Big manufacturing companies are questioning if they have a future in the face of high power prices.
Data from energy consultancy firm Energy Link shows wholesale power prices are nearly seven times higher than they were a year ago, at $314.44 per megawatt hour (MWh) and have reached as high as $500 (MWh) in the past fortnight.
The soaring prices forced the temporary closure of the Norske Skog paper mill in Kawerau and has led New Zealand Steel to scale down its operations at its site in Glenbrook. ....

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