Electricity Authority wrong to rule out undesirable trading situation, high court says

Electricity Authority wrong to rule out undesirable trading situation, high court says
Genesis Energy did not offer Huntly Rankine Unit 4 to the market on one of the coldest nights of 2021. (Image: NZME)
John Anthony
The high court has found the Electricity Authority was wrong to rule there was not an undesirable trading situation on one of the coldest nights of 2021, when New Zealand faced its largest power demand peak on record.After the ruling, the crown entity said it would investigate a possible undesirable trading situation (UTS) relating to the night of Aug 9, 2021.A UTS in the electricity market is an extraordinary event that threatens, or may threaten, confidence in or the integrity of the wholesale electricity market.Undesirable practices by a buy...

More Infrastructure

NZTA endorses stage one of long-promised Mill Rd upgrade
Infrastructure

NZTA endorses stage one of long-promised Mill Rd upgrade

Chris Bishop keeps the transport announcements coming.

Oliver Lewis 24 Apr 2025
Ministry of Justice seeks market feedback on courthouse PPPs
Policy

Ministry of Justice seeks market feedback on courthouse PPPs

Want to build and maintain three courthouses for 25 years? Now's your chance.

Oliver Lewis 24 Apr 2025
Billions needed for Northwest Busway
Infrastructure

Billions needed for Northwest Busway

The rolling maul of transport-related announcements continues.

Oliver Lewis 23 Apr 2025
Govt shares emerging route for mega Northland expressway
Infrastructure

Govt shares emerging route for mega Northland expressway

It's our single biggest roading project. So where's it going to go?

Oliver Lewis 23 Apr 2025