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...

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