Blackouts prove need for power company split-up say minnows

Blackouts prove need for power company split-up say minnows
Failure to bring the Huntly station on line ahead of power cuts is a sign of market failure, say UTS complainants. (Image: Getty Images.)
Ian Llewellyn
Complaints to the electricity sector regulator about the Aug 9 blackouts are arguing the power cuts show the need to break up the major generation and retail companies.Small retailers Electric Kiwi and Haast Energy have made an ‘Undesirable Trading Situation’ complaint with the Electricity Authority. They have since been joined by Flick Electric and Vocus.The complaint, released Friday by the authority, argues Contact Energy and Genesis Energy both breached trading conduct rules and caused the power cuts by not offering generation t...

More Policy

Aukus pillar 2 a smokescreen for N-subs: ex-Oz foreign minister
Policy

Aukus pillar 2 a smokescreen for N-subs: ex-Oz foreign minister

Bob Carr says notion of tech role for New Zealand is “science fiction”.

Aged care sector under 'extreme pressure', report details
Policy

Aged care sector under 'extreme pressure', report details

Report warns NZ's aged care sector could be short by 2032. 

Gregor Thompson 17 Apr 2024
RBNZ opens consultation on central bank digital currency
Economy

RBNZ opens consultation on central bank digital currency

Protecting monetary sovereignty is a key factor.

Rebecca Howard 17 Apr 2024
Business of Government: who benefits from restructuring, and more ...
Policy

Business of Government: who benefits from restructuring, and more ...

Our weekly round-up of public sector news and analysis.

Jem Traylen 17 Apr 2024