$50M upside for Tiwai Pt smelter in grid charge proposals

$50M upside for Tiwai Pt smelter in grid charge proposals
By Pattrick Smellie June 16 (BusinessDesk) - The Electricity Authority's latest attempt to find a more efficient way to charge for the cost of the national grid would benefit South Islanders and many large industrial electricity users, including the Tiwai Point aluminium smelter, at the expense of Auckland, Northland and West Coast consumers, if the most comprehensive of the proposals published today is pursued. The publication of new Transmission Pricing Methodology proposals for public submissions is the latest chapter in a five-year sa...