Analysts puzzled by electricity regulator's analysis

Analysts puzzled by electricity regulator's analysis
Analysts may be puzzled by electricity regulator's views, but they provide great ammunition for energy minister Megan Woods. (Image: Getty)
Ian Llewellyn
Energy sector analysts are puzzled by the Electricity Authority’s wholesale electricity market review, but energy minister Megan Woods has used it as ammunition to fire shots and again indicated she is keen to look at political intervention in the market.The review looked at the workings of the market and a period of elevated wholesale prices.The Electricity Authority (EA) noted the influence of gas supply constraints and drought in the hydro catchment in driving up the price.However, it said not all these issues explained the price rises...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025