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Energy

Regulator's thinking flawed and dangerous – Meridian

Ian Llewellyn
Thu, 28 Oct 2021

Regulator's thinking flawed and dangerous – Meridian
Hiving off Manapōuri from Meridian is one suggestion put forward by electricity regulator. (Image: Supplied)
Ian Llewellyn
Thu, 28 Oct 2021
The Electricity Authority’s suggestion it might need powers to regulate contracts between large energy users and generators is a threat to heavy industry as well as efforts to build new generation, says Meridian Energy chief executive Neal Barclay.On Wednesday, the sector regulator released its review into the wholesale electricity market and persistently high prices.The Electricity Authority (EA) noted the influence of gas supply constraints and drought in the hydro catchment in driving up the price over the last two years.The avera...

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