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

Transpower cautious over hydro lake level rule changes
Markets

Transpower cautious over hydro lake level rule changes

Transpower can authorise hydro lakes to dip further.

Ian Llewellyn 23 Apr 2025
Lodestone Energy raises another $50 million
News in Brief

Lodestone Energy raises another $50 million

Unlisted Lodestone Energy says it has raised another $50 million from existing shareholders and new investors to fund more solar farms.This would add to the $50 million development fund it raised in 2024, the company said.“These funds will enable Lodestone to maintain their momen...

Staff reporters 23 Apr 2025
Lodestone moves into retail market
Editor's Picks

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