Electricity Authority to set out new timing for delayed transmission pricing tomorrow

Mon, 19 Jun 2017

By Paul McBeth June 19 (BusinessDesk) - The Electricity Authority will tomorrow announce a new timeline for its controversial transmission pricing plan, which was delayed after mistakes were found in analysis underpinning the modelling. Chief executive Carl Hansen told Parliament's commerce select committee he was "very unhappy" with the errors that were discovered in the Oakley Greenwood cost benefit analysis, which "didn't stack up" on closer examination. The regulator had previously stuck to its April 2020 deadline to implement the ne...

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