Rod Drury calls for radical shakeup of energy industry

Rod Drury suggests we do what we did with broadband when Telecom was forced to sell its lines. (Image: Rod Drury)

Mon, 08 Jul 2024

Tech magnate Rod Drury has called for a radical overhaul of the electricity sector along the lines of the telecommunication industry reforms.On the latest episode of The Business of Tech podcast, the Xero founder spoke at length about the electricity market and described the major economic potential that renewable energy has for NZ.“I've been really thinking about what's our version of Saudi Arabian oil, and I think it's renewable electricity,” he said.To tap that well, Drury said the model that well-served the telecommu...

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