UPDATE: Trustpower well-positioned for volatile market, renewables development

Mon, 13 May 2019

(Updates with comment from CEO Hawksworth from third paragraph. Adds detail throughout.) By Gavin Evans May 13 (BusinessDesk) - Trustpower says a “material” volume of new generation will be required to meet demand during the next three years and wholesale prices are likely to be volatile as more intermittent wind is added to the mix. But the country’s fifth-largest power retailer says the overall impact on pricing is harder to pick, given cheaper renewable generation may be offset by greater cost to maintain security of supply. Chie...

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