Community-owned electricity networks at major risk from new technology, says English

Thu, 23 Jul 2015

By Pattrick Smellie and Suze Metherell July 23 (BusinessDesk) - Communities that believe their locally owned electricity networks will remain as valuable as they are today risk discovering they are not worth nearly as much when new electricity technologies start replacing traditional methods of distribution, Finance Minister Bill English says. His comments came as the chair of the Commerce Commission, Mark Berry, said the commission will look hard at emerging electricity generation technologies that could reduce and perhaps replace existi...

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