August was the cruellest month for wary electricity sector

Transpower in the firing line as sector absorbs lessons from a remarkable August. (Image: Getty)

Thu, 09 Sep 2021

The electricity system operator and energy analysts agree that August was one of the most difficult the sector has faced since the electricity market began and it has heightened the risk of regulatory intervention.The Electricity Authority (EA) is due to release its first cut on what caused the Aug 9 blackout – the single event that dominated the headlines and prompted the system operator Transpower to describe August as “unique and challenging” in an update to the sector.Forsyth Barr’s energy wrap for last month also de...

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Supplier signed up for $450m Cook Strait cable replacement

Transpower has signed up global cable solutions supplier Prysmian for the $450 million job replacing the high voltage direct current submarine electricity cables linking the North and South Islands.The HVDC link, commonly referred to as the Cook Strait cable, is expected to come...

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