Tiwai power deal likely to be settled

Tiwai power deal likely to be settled
Tiwai's new power deal is likely to include a variable price for electricity. (Image: Getty)
Ian Llewellyn
The Tiwai Point aluminium smelter is likely to remain open with a new electricity contract with multiple suppliers and a variable pricing system, according to an analysis by Forsyth Barr.The smelter’s future is crucial to the energy sector and the wider economy as the single largest electricity user and a major employer.Whether it will stay or go has been a constant source of speculation for decades and a key driver of electricity prices.In 2019, the smelter’s majority owner, Rio Tinto, said it was reviewing its future.Freed-up powe...

More Infrastructure

KiwiRail reveals $8m cost of McKinsey contract
Infrastructure

KiwiRail reveals $8m cost of McKinsey contract

Rail Minister Winston Peters calls it an unacceptable payment. 

Oliver Lewis 02 Apr 2025
Mainfreight praises 'logical, sensible' rail ferries decision
Infrastructure

Mainfreight praises 'logical, sensible' rail ferries decision

Port companies on both side of the Cook Strait also welcome increased certainty.

Oliver Lewis 01 Apr 2025
Meet your new ferries, New Zealand
Infrastructure

Meet your new ferries, New Zealand

Winston Peters confirms new Interislander ferries will be rail-enabled.

Oliver Lewis 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025