Tenders sought for fundamental review of electricity market structure

Tenders sought for fundamental review of electricity market structure
The review asks fundamental questions about the electricity market's structure. (Image: Getty)
Ian Llewellyn
Fundamental questions about the structure of the electricity market will be the central issue for whoever wins the Government's tender to carry out the review.The Ministry of Business, Innovation and Employment (MBIE) is seeking interest from those who wish to be the lead reviewer, with an estimated cost of $550,000. MBIE is also seeking peer reviewers, with the whole exercise estimated to cost about $1 million.The appointments will be decided in December. A draft report will be completed within two months. After peer reviews, a final repor...

More Energy

Foundry may close because of gas shortage
Energy

Foundry may close because of gas shortage

Glucina Alloys says it can’t afford the $800k to go electric.

Maria Slade 15 May 2025
How to slash 1% of national emissions in one go
Economy

How to slash 1% of national emissions in one go

NZ Steel is on track to commission its $300m electric furnace from December.

Oliver Lewis 14 May 2025
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.

Ian Llewellyn 13 May 2025
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. 

Ian Llewellyn 13 May 2025