Electricity market tick of approval - fair or folly?

Studies point to no misuse of gentailers' market power, but independent retailers cry foul. (Image: Getty)

Mon, 22 May 2023

Independent electricity retailers are disappointed that the regulator has ruled out any structural change to the sector and found no issues with the margins being made by the major players.The Electricity Authority (EA) has released two major pieces of work which point to the market generally working but needing to evolve.The final conclusion of its study into promoting competition as New Zealand pushes closer to 100% renewable electricity generation said while the market is not perfect, any radical change risked doing more damage than good.It...

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