Govt policy uncertainty a brake on electricity investment, says regulator

The electricity regulator has urged energy minister Megan Woods to get a move on. (Image: Getty)

Thu, 13 Oct 2022

The electricity sector regulator has told ministers to hurry up and make decisions about policy settings, which will help speed up investment in much-needed new generation.The Electricity Authority yesterday released an issues paper on competition in the wholesale electricity market.The authority expressed some concerns that the major electricity players could be misusing their market power, but it said the best way to promote competition is more and faster investment in new generation.About 400 to 500 megawatts (MW) of new supply or demand res...

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