Wholesale power rethink needed - Flick

Wholesale power rethink needed - Flick
Gavin Evans
All electricity retailers should be required to buy their supplies through the spot power market and hedge markets to level an unfair playing field, Flick Electric says. The current market structure, in which generators are able to sell directly to their retail arms under fixed-price, variable volume contracts, effectively shields the major listed players from the more volatile wholesale and futures prices that their smaller rivals face, Flick told the Electricity Authority. Making all retailers buy power through the market would put all...

More Infrastructure

Investment Summit creates 'momentum'
Infrastructure

Investment Summit creates 'momentum'

An Italian tunneling firm says the summit helped convince them to stay in NZ.

Oliver Lewis 14 Mar 2025
Fast-track early birds pass first hurdle
Infrastructure

Fast-track early birds pass first hurdle

EPA clears first three applicants as Jones warns against 'finicky' approach.

Oliver Lewis 13 Mar 2025
Consortium steps forward for Northland Expressway
Infrastructure

Consortium steps forward for Northland Expressway

Nicola Willis talks up summit deal-making and calls NZ an 'undervalued stock'.

Oliver Lewis 13 Mar 2025