Wholesale prices need to rise a third to keep the lights on in 2019
Grant Swanepoel estimates the price would need to rise to about $97 a megawatt hour to justify investment in new generation.
Craigs Investment Partners director head of research Grant Swanepoel talks about the coming electricity shortfall on NBR
Jenny Ruth Wed, 09 Sep 2015
The wholesale price of electricity needs to rise sharply to provide enough incentive for power companies to build new generation to meet the expected shortfall from 2019, says Craigs Investment Partners.
Craigs analyst Grant Swanepoel estimates the price would need to rise to about $97 a megawatt
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