Gentailers reporting season: juggling competing priorities

Gentailers reporting season: juggling competing priorities
The need for new electricity generation is expected to be a focus when the major electricity companies report results. (Image: Getty)
Ian Llewellyn
The four major electricity gentailers will soon release their annual reports and all eyes are on how they juggle related but competing priorities.There is the question of profit. Too high and it will raise questions of price-gouging, increasing the risk of political and regulatory intervention. Too low and it will bring into question the ability to meet other priorities.The next priority is the returns to shareholders. Investors want healthy dividends. This includes the government which owns 51% of the three state-owned gentailers.However, if p...

More Energy

Energy shortage reduces and increases regional emissions
Economy

Energy shortage reduces and increases regional emissions

Lack of gas reduces industrial production in Taranaki, but Waikato coal increases.

Ian Llewellyn 21 Aug 2025
Māui gas field closure starts to loom
Editor's Picks

Māui gas field closure starts to loom

There has been speculation Māui could close early, in election year.

New rules to press gentailers on ‘super-peak’ price relief
Policy

New rules to press gentailers on ‘super-peak’ price relief

Mandatory non-discrimination rules are coming for power sales to rivals.

Pattrick Smellie 19 Aug 2025
Mercury’s profit drops $289m to $1m amid tough power conditions
Markets

Mercury’s profit drops $289m to $1m amid tough power conditions

Mercury has blamed tough power-generating conditions for a sharp decline in its earnings over the June year.The company, 51% owned by the Government, said its net profit for the year came to just $1 million, down $289m from the prior year.The fall was due to lower earnings before...

Staff reporters 19 Aug 2025