Electricity Authority dumps transmission pricing modelling, considers legal action

Tue, 25 Apr 2017

By Pattrick Smellie April 26 (BusinessDesk) - The Electricity Authority is ditching the cost-benefit analysis at the heart of its controversial attempt to find a new way to divide up costs for the national grid after finding an expanding range of serious computational errors in the work by Australian consultancy Oakley Greenwood. The regulator says it will seek to recover most of the costs of the work, which has been in use since May last year, and is keeping its options to launch legal action against Oakley Greenwood. The move, announ...

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