Removing charge increased peak electricity demand pressure

Removing charge increased peak electricity demand pressure
A peak demand charge was dropped in 2021 and peak demand increased. (Image: Getty)
Ian Llewellyn
Removal of a peak electricity demand charge on transmission lines added about 150 megawatts or 2.4% of demand during peak consumption periods, the Electricity Authority says.This is placing extra pressure on peak demand periods as the sector prepares for times this winter when demand could outstrip available capacity.The authority said this increase was “much larger than the underlying growth in peak consumption, but relatively small in the context of the New Zealand electricity market. From late this year, for example, one new geoth...

More Energy

Flick not profitable before $70m sale to Meridian
Markets

Flick not profitable before $70m sale to Meridian

After eight years of trying in electricity retailing, Z throws in the towel.

Meridian to pay $70m for Z Energy's Flick
Energy

Meridian to pay $70m for Z Energy's Flick

Z Energy paid $46m for its 70.01% stake in the electricity retailer seven years ago. 

Major electricity users want bold action from Govt
Energy

Major electricity users want bold action from Govt

Status quo will not reduce energy costs, says MEUG.

Z refuses to comment on Flick Electric closure
Energy

Z refuses to comment on Flick Electric closure

If true, the closure will be another blow to competition in the sector.

Ian Llewellyn 12 May 2025