Meridian puts a finger in the (offshore) wind

Meridian puts a finger in the (offshore) wind
Windfarms are coming to a coastline near you. (Image: IEA)
Ian Llewellyn
Meridian Energy is joining the increasing number of companies showing an interest in developing offshore wind generation in New Zealand.It has signed a memorandum of understanding (MOU) with European-based Parkwind to explore the exploration offshore potential, focused principally on the Taranaki coast.Parkwind is already in Taranaki and has been looking for local partners with the stated intention of building up to 1 gigawatt (GW) of bottom-fixed offshore wind by 2032.It is not alone in having ambitious plans with several consortiums made...

More Energy

ComCom delays Manawa takeover deal decision
Markets

ComCom delays Manawa takeover deal decision

Due on Dec 24, the decision will now be in March.

Ian Llewellyn 20 Dec 2024
Power price shock info requested
Energy

Power price shock info requested

It's feared households may be in for a nasty surprise. 

Ian Llewellyn 19 Dec 2024
Mercury speculation brings opportunity
Markets

Mercury speculation brings opportunity

The sell-off of shares is due to belief Mercury will drop from the MSCI index.

Ian Llewellyn 19 Dec 2024