Infrastructure
Transmission changes may discourage new generation - Tilt, Oji
Tilt Renewables says proposed changes to transmission pricing may make it harder to fund new generation projects, particularly regional projects or those developed by smaller players.The Electricity Authority’s plan to allocate some transmission costs on the basis of estimated be...
Mercury raises guidance on increased storage, high spot prices
Mercury NZ has raised its full-year earnings guidance by $25 million on the back of rising storage in its Waikato catchment and sustained high wholesale electricity prices.Storage in Lake Taupo has climbed steadily since May. It is at a 19-month high and about 20 percent above av...
Eroad reports strong 3Q sales growth, eyes ASX listing
Eroad reported strong third-quarter sales growth but didn't pick up as many small to medium business customers as expected. It is also looking at a possible secondary listing on the ASX. The Auckland-based firm installs electronic distance recorders and tracking devices in road t...
Affordable power key to decarbonisation - Genesis
Policymakers will need to ensure electricity remains affordable and reliable if the country is to decarbonise transportation and heavy industry, Genesis Energy says.Electricity – 84 percent renewable last year – has a key role to play in helping the country meet its Paris climate...
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