Better to overinvest in renewable energy than leave it too late

Meridian Energy chief executive Neal Barclay is positive about the outlook for new renewable generation. (Image: Meridian)

Greg Hurrell

Fri, 11 Aug 2023

It is better to risk overbuilding renewable electricity infrastructure rather than deliver it too late as has been the usual case, Powerco chief executive James Kilty says.The lines company head was part of a panel – “Keeping the Lights On” – at the July 9 Responsible Investment Association Australasia conference. He and his co-panellists, Meridian Energy chief executive Neal Barclay and Gas Industry Company chief executive Andrew Knight, were looking at New Zealand’s path to electrification.The pane...

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