Trustpower says well-positioned in more volatile power market

Sun, 12 May 2019

By Gavin Evans May 13 (BusinessDesk) - Trustpower says a “material” volume of new generation will be required to meet demand during the next three years and wholesale prices are likely to be volatile as more intermittent wind is added to the mix. But the country’s fifth-largest power retailer says the overall impact on pricing is harder to pick given cheaper renewable generation may be offset by greater cost to maintain security of supply. Short periods of over- and under-build are likely and in that environment wholesale risk manageme...

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