Transpower cautious over hydro lake level rule changes

Transpower cautious over hydro lake level rule changes
Low water levels in Lake Pukaki last winter were a major worry for the sector. (Image: NZME)
Ian Llewellyn
Transpower has decided at this stage not to make any permanent change to the rules around triggering access to hydro lake water below normal operating levels ahead of winter 2025.However, as the electricity system operator, it will retain discretion to allow hydro generators to use more water than currently allowed if a repeat of last winter’s energy crunch emerges.The rules around how far lake levels can fall, particularly in the southern hydro lakes, are complex and mainly related to consents.Under the rules, Transpower can authorise hy...

More Markets

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

NZ sharemarket rises, Vista Group shares fall
Markets Market Close

NZ sharemarket rises, Vista Group shares fall

The New Zealand sharemarket was up on Thursday as most stocks on the main board lifted.

Tom Raynel 14 Aug 2025