Electricity regulator spurns industry advice for new transmission pricing regime

Wed, 10 Oct 2012

By Pattrick Smellie Oct. 10 (BusinessDesk) - The Electricity Authority has cut through nearly two decades of argument on how best to charge for the cost of the national grid, setting out a new approach that will make generators and consumers pay amounts that reflect the benefit the grid gives them. The change is most significant in the way it treats the cost of the Cook Strait cables, known as the high voltage direct current (HVDC) link, that carries power between the two main islands of New Zealand. At present, only South Island generators...

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