Govt policy uncertainty a brake on electricity investment, says regulator

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)
Ian Llewellyn
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...

More Policy

ACC under review as levies rise
Policy

ACC under review as levies rise

The review aims to speed up rehabilitation times.

Jem Traylen 12 Dec 2024
Arise Winston, minister of railways
Policy Analysis

Arise Winston, minister of railways

The NZ First leader has regained ministerial oversight over KiwiRail.

Oliver Lewis 12 Dec 2024
Mission economy, AI's hopes and fears, and more...
Policy Business of Government

Mission economy, AI's hopes and fears, and more...

Our weekly roundup of public sector news and analysis.

Jem Traylen 11 Dec 2024
Winston Peters pledges to support mill workers
Policy

Winston Peters pledges to support mill workers

Kinleith mill owners have extended consultation period. 

Staff reporters 10 Dec 2024