Major players ask: is the electricity market broken?

Parts of the electricity industry are crying foul over prices being set by the highest cost – burning coal at Huntly. (Image: Getty)

Ian Llewellyn

Tue, 08 Nov 2022

The electricity market could be set for the most difficult 18 months in its history as high wholesale futures prices provoke more calls that the market is broken.Complaints about the electricity market are not new and usually focus around the market power of the four major generator-retailers (gentailers), in particular Meridian Energy.However, in recent months these complaints have intensified and are not being made by the usual suspects or by headline-seekers. Instead, they're coming from senior figures within the industry and are be...

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