Regulator will stifle vital electricity investment – Vector

A lines company boss says the Commerce Commission is not paying attention to climate change or electrification. (Image: Getty)

Ian Llewellyn

Tue, 27 Jun 2023

The Commerce Commission’s latest move on regulatory setting fails to recognise the impact of decarbonising the economy, and as a result, electricity lines companies will not be able to make the investment the country needs, says Vector's chief executive, Simon Mackenzie.The commission recently released its draft view on what is known as the input methodologies (IM) for the regulated electricity lines companies, gas pipeline businesses and airports.These are set every seven years and act as the building blocks for working out the rules...

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