Transpower decides to keep operating NZ's only gas trading platform – emsTradepoint

The attempt to close NZ's only gas trading platform was not welcomed. (Image: Getty)

Mon, 19 May 2025

Transpower has decided to continue to own and operate the country’s only gas trading platform, emsTradepoint.It ends almost a year of debate about the future of emsTradepoint (EMS) after the state-owned enterprise said it intended to close the gas and carbon trading subsidiary.Transpower argued that the business was non-core, and the board said it had tried to find a buyer, but there was no interest.That decision caused consternation within the energy sector as the serious implications of dwindling gas supplies became clear.Push backTrans...

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