Waitaki hydro consent now under way highlighting what was lost and what was gained

Waitaki hydro consent now under way highlighting what was lost and what was gained
Lake Tekapo is the source of the Waitaki hydro scheme, now the centre of NZ's largest ever consent process. (Image: NZME)
Ian Llewellyn
One of the country’s largest-ever resource consenting processes is now under way, covering 18% of New Zealand’s electricity generation and bringing back memories of the environmental damage caused by the scheme’s construction.Genesis and Meridian have both applied for renewal of their consents to operate their eight dams in the Waitaki catchment, which have literally powered the economy for decades.The scheme started in the 1920s and 1930s as a make-work scheme during the Great Depression at a time when there was not enough el...

More Editor's Picks

KiwiRail settles with Hyundai for $144m
Infrastructure

KiwiRail settles with Hyundai for $144m

The total cost of the cancelled Interislander replacement project has hit $671m.

Oliver Lewis 15 Aug 2025
Winton puts Sunfield fast-track bid on hold
Property

Winton puts Sunfield fast-track bid on hold

The housing project would pose significant risk to public safety, council claims.

Maria Slade 14 Aug 2025
Investor visas a gold mine for private credit
Finance

Investor visas a gold mine for private credit

More than $55m committed for residency destined for credit funds which lend to NZ firms.

M&A outlook: The big deals are yet to come
Markets

M&A outlook: The big deals are yet to come

Private equity is back in the hunt for NZ firms after a sluggish start to 2025.