Hydro reliance keeps electricity prices low.
Summarised by Centrist
Less than four months after historic lows, South Island hydro lakes are full, forcing water spills to maintain safety, says Meridian Energy’s Mike Roan. Hydro reliance keeps electricity prices low during rains but spikes costs in dry periods.
Image: Vašek Vinklát
He got away with it, then.
The manufacturing environment in New Zealand has become “increasingly difficult” in recent years.
“It’s a critical utility for a country called New Zealand. It’s our face abroad.”
“I’ve been advised that there is that speculation in the market, both by fuel importing companies here, and obviously, there’s been media coverage.”
A new low from New Zealand’s criminal injustice system.
Stuff does not give a toss that they have had to correct the record or that every other outlet is now laughing at them. The damage was done the moment the original story dropped. Most casual readers will never see the quiet little update at the top.
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