Electricity market tick of approval - fair or folly?

Electricity market tick of approval - fair or folly?
Studies point to no misuse of gentailers' market power, but independent retailers cry foul. (Image: Getty)
Ian Llewellyn
Independent electricity retailers are disappointed that the regulator has ruled out any structural change to the sector and found no issues with the margins being made by the major players.The Electricity Authority (EA) has released two major pieces of work which point to the market generally working but needing to evolve.The final conclusion of its study into promoting competition as New Zealand pushes closer to 100% renewable electricity generation said while the market is not perfect, any radical change risked doing more damage than good.It...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.