Electricity regulator lays into sector critics’ inadequate research

Tue, 04 Jun 2013

By Pattrick Smellie June 4 (BusinessDesk) – The chairman of the Electricity Authority has let rip at the critics of current electricity market arrangements, singling out three individuals for leading the charge that has produced the Labour and Green parties’ central buyer electricity system. In a 28 page paper delivered to an industry audience in Auckland, Dr Brent Layton argues current arrangements are working well but can be better, and that returning to a central planning approach will lead to higher prices and more likelihood of power sh...

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