More calls for Meridian Energy to be split up

Small retailers say a 100% renewable system will make it more important to carve up Meridian's dominant hydro position. (Image: supplied)

Ian Llewellyn

Mon, 28 Mar 2022

Smaller electricity retailers argue the move towards 100% renewable electricity generation will place greater market power in favour of the large generator/retailers and have once again called for Meridian Energy to be split up.The comments are among submissions to an Electricity Authority (EA) advisory group that is looking at the implications of a 100% renewable target on current market settings.The majority of submissions make similar comments:Electricity generation will get to about 95% or higher renewable generation on current settings, th...

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