Meridian needs the rain to stop before benefiting from Tiwai deals
Wet weather is keeping wholesale electricity prices low.
Jenny Ruth Thu, 06 Apr 2017
Meridian Energy essentially needs the rain to stop before it can start benefiting from selling the electricity freed up by 2015’s deals relating to the Tiwai Point aluminium smelter.
Under the deals, Contact Energy, Genesis Energy and other electricity companies cover 142 megawatts of the 572
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