Energy uncertainty and costs drive interest in PPAs, BusinessNZ Energy Council says

Energy uncertainty and costs drive interest in PPAs, BusinessNZ Energy Council says
BusinessNZ Energy Council executive director Tina Schirr said many businesses are dealing with energy uncertainty. (Image: NZME)
Ian Llewellyn
Uncertainty about energy policy, concerns over electricity prices and difficulties in negotiating contracts have driven an increase in the number of small and medium-sized businesses seeking to band together, says Tina Schirr, executive director of the BusinessNZ Energy Council.The council recently asked its members whether they were interested in looking at power purchase agreements (PPAs). They are typically long-term electricity contracts, often tied to a set price to build new electricity generation.Schirr was expecting up to 20 of the coun...

More Energy

Foundry may close because of gas shortage
Energy

Foundry may close because of gas shortage

Glucina Alloys says it can’t afford the $800k to go electric.

Maria Slade 15 May 2025
How to slash 1% of national emissions in one go
Economy

How to slash 1% of national emissions in one go

NZ Steel is on track to commission its $300m electric furnace from December.

Oliver Lewis 14 May 2025
Flick not profitable before $70m sale to Meridian
Markets

Flick not profitable before $70m sale to Meridian

After eight years of trying in electricity retailing, Z throws in the towel.

Ian Llewellyn 13 May 2025
Meridian to pay $70m for Z Energy's Flick
Energy

Meridian to pay $70m for Z Energy's Flick

Z Energy paid $46m for its 70.01% stake in the electricity retailer seven years ago. 

Ian Llewellyn 13 May 2025