Dry-year risk not a problem for power sector

Wed, 04 Nov 2020

New Zealand’s electricity sector doesn’t have a problem managing dry-year risk but is well-placed to address it longer term if required, departing Electricity Authority chairman Brent Layton said.While the country had to deal with “quite a number” of dry-year events in the early 2000s, Layton said the industry’s ability to manage through periods of low hydro storage had improved. “They have not re-occurred even though we have had drier years. The system has been tweaked to deal with that,” he said...

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