Mercury commits to new generation despite uncertain winds

Mercury commits to new generation despite uncertain winds
Mercury’s wind generation produced 1,269GWh last year. (Image: NZME)
Ian Llewellyn
If the major power companies don’t start building new generation “we should expect someone else to do it for us”, said Mercury Energy boss Vince Hawksworth, a reference to the range of political and regulatory interventions the sector could face if it did not get building.Mercury has confirmed it will build a windfarm in Southland, despite major uncertainties in the energy sector, such as the future of the Tiwai Point aluminium smelter and the government’s proposed Lake Onslow pumped hydro project.It announced yesterday...

More Energy

SolarZero hits a big BlackRock
Infrastructure Analysis

Pattrick Smellie: SolarZero hits a big BlackRock

Have political and commercial disappointments killed a solar provider?

Pioneering solar company put into liquidation
Energy

Pioneering solar company put into liquidation

The company appeared to have big backers but BlackRock seems to have pulled the rug.

Ian Llewellyn 26 Nov 2024
Genesis: from dirty to desirable
Markets

Genesis: from dirty to desirable

Genesis argues it is undervalued; at least one analyst agrees.

Ian Llewellyn 25 Nov 2024
Tauhara geothermal station finally opens
Energy

Tauhara geothermal station finally opens

Cost rises from $580m to $924m, but Tauhara adds to Contact's geothermal assets.

Ian Llewellyn 22 Nov 2024