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Electricity sector’s low wattage power play

The increasingly fine balance between supply and demand in New Zealand's electricity sector isn't reflected in the signals from the Australia-based futures market.

Jenny Ruth
Mon, 04 Sep 2017

It’s no secret that water and its lack are fundamental to how New Zealand’s electricity system works – but it’s possible its vagaries have been muddling the market’s price signals of late.

Indeed, when reporting Mercury Energy’s annual results last week, chief executive Fraser Whineray lamented

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Jenny Ruth
Mon, 04 Sep 2017
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Electricity sector’s low wattage power play
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