Energy

Promises of new power generation will need help to become reality

Ian Llewellyn
Fri, 06 May 2022

Promises of new power generation will need help to become reality

Manawa Energy boss David Prentice is bullish about the future despite numerous uncertainties. (Image: supplied)

Ian Llewellyn
Fri, 06 May 2022

The head of New Zealand’s first major generation-only electricity company is sceptical that the prospect of a flood of new generation will come to fruition until uncertainties about the future are reduced – including the Lake Onslow pumped hydro scheme.Trustpower this week completed the sale of its retail business to Mercury and rebranded as Manawa Energy – the country’s only major electricity company fully focused on generation.Trustpower and now Manawa’s chief executive David Prentice should on the surface have a...

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