Dairy electrification best option for generators - Jarden
Rapid electrification of dairy processing in the lower South Island may be the best option for generators who otherwise face a long period of low power prices when the Tiwai Point aluminium smelter closes, Jarden analysts say.The closure of the country’s biggest electricity user, expected any time from August next year, comes as a domestic and international recession slows demand growth, the broker said. New generation currently under construction will add to the potential over-supply in the market.“Expect lower prices for longer. U...
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