Tiwai and Meridian reach 'demand-response' deal to 2024

Tiwai and Meridian reach 'demand-response' deal to 2024
Meridian Energy welcomes deal with Tiwai point. (Image: Getty)
Dileepa Fonseka
Meridian Energy have struck a deal with the owners of Tiwai Point allowing the generator to request they reduce the smelter's energy consumption by up to 50 megawatts (MW), as the sector prepares for the possibility of blackouts this winter.In an announcement to the NZX, Meridian Energy said it had struck a "demand response" agreement with New Zealand Aluminium Smelters (NZAS) where the smelter had agreed to provide "demand response flexibility" until the end of 2024.Under new rules which require regulatory approval for...

More Energy

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
Energy squeeze just gets tighter
Energy

Energy squeeze just gets tighter

Near-term future wholesale electricity prices rise above $400 per megawatt hour.

Ian Llewellyn 26 Jul 2024
SOE wanted to close NZ's only gas trading platform immediately
Markets

SOE wanted to close NZ's only gas trading platform immediately

Transpower said the closure would make no difference; the sector disagreed.

Ian Llewellyn 24 Jul 2024
ForBarr downgrades Genesis on gas uncertainty
Markets

ForBarr downgrades Genesis on gas uncertainty

The company faced the greatest challenges in the sector. 

Ian Llewellyn 23 Jul 2024