Meridian deal a further sign Tiwai Pt smelter could stay open

Meridian deal a further sign Tiwai Pt smelter could stay open
The sun may not be setting on the Tiwai aluminium smelter. (Image: NZME)
Ian Llewellyn
Meridian Energy’s new deal with the Tiwai Point aluminium smelter on cutting back its electricity demand in times of need is another sign that a long-term deal to keep the smelter going is possible.As the country’s single largest electricity user, the future of the smelter is a crucial piece in the puzzle over how New Zealand’s energy sector develops in the coming decade.Whether it stays or goes will help define how much and what sort of new electricity generation is built and also where money on transmission lines will be spe...

More Energy

Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Todd suspends dividends, resets strategy
Finance

Todd suspends dividends, resets strategy

The family empire has also called time on offshore mega-projects.

Pattrick Smellie 11 Dec 2024
Renationalising gentailers a bad idea: NZSA
Markets

Renationalising gentailers a bad idea: NZSA

The NZSA said the exit of gentailers from the NZX could lead to capital flight.

Dileepa Fonseka 11 Dec 2024
Green Party explores energy renationalisation
Politics

Green Party explores energy renationalisation

Green Party co-leader Chlöe Swarbrick says Hamburg is a good model for the move.

Dileepa Fonseka 10 Dec 2024