Wholesale electricity prices continue to soar

Wholesale electricity prices continue to soar
Ian Llewellyn
Some large electricity users are facing even more pain with wholesale electricity prices hitting a record average high last week, Transpower said today.The continuing high wholesale prices come as the sector grapples with a shortage of gas and low hydro lakes.Transpower, the state owned national grid operator which holds responsibility for security of supply, said the wholesale electricity average price rose to $367 per megawatt-hour at Haywards, a 49% increase on the previous week. Price volatility was low with many trading periods seeing $400...

More Infrastructure

KiwiRail seeks to recover costs with new user charges
Policy

KiwiRail seeks to recover costs with new user charges

The rail operator is introducing new Interislander and container terminal charges.

Christchurch mayor wants to keep all of Lyttelton Port
Infrastructure

Christchurch mayor wants to keep all of Lyttelton Port

How will Christchurch fund an $850m port expansion?

Oliver Lewis 08 Jul 2025
Ministry of Transport shelves key freight study update
Infrastructure

Ministry of Transport shelves key freight study update

‘Seven years is a long time between drinks in terms of a study.’

Oliver Lewis 07 Jul 2025
Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

Oliver Lewis 04 Jul 2025