Cheers to those dreaming of a miserable summer: the energy sector

Cheers to those dreaming of a miserable summer: the energy sector
Wind and rain may be a camper's curse, but some are praying to the weather gods to bring it on. (Image: NZME)
Ian Llewellyn
As most people hope for sunny and settled weather over summer, a small band will be praying for rain and wind aplenty to keep the lights on next winter.Last winter, the electricity system survived several tight spots where demand almost outstripped supply through a mix of good management and good luck.The system operator, Transpower, has already warned that the coming winter will be as risky as the last, even with the hydro lakes at normal levels. A dry summer and autumn will add new levels of risk.The reason is that New Zealand’s peak el...

More Energy

Lodestone moves into retail market
Energy

Lodestone moves into retail market

The move is aimed at commercial and industrial customers for now.

Ian Llewellyn 17 Apr 2025
Mercury Energy downgrades earnings guidance on dry weather
Markets

Mercury Energy downgrades earnings guidance on dry weather

Ebitdaf guidance for the 2025 year is down $60 million.

Staff reporters 16 Apr 2025
NZ at the forefront of fusion energy innovation
Opinion

Tina Schirr: NZ at the forefront of fusion energy innovation

NZ has the potential to play a significant role in fusion energy.

Tina Schirr 14 Apr 2025
Winners and losers in electricity tariff changes
Energy

Winners and losers in electricity tariff changes

45% are better off, 15% are neutral and the rest are worse off.

Ian Llewellyn 09 Apr 2025