The prime minister has called it an “energy security crisis” and signalled a review of New Zealand’s electricity market as wholesale prices spike and industries suffer. And he’s right – this year has seen pricing turmoil. August saw daily averages ranging between NZ$164.52 and $853.57 per megawatt hour (MWh). By comparison, August 2023 saw a Read more
New Zealand’s first Māori-owned electricity retailer Nau Mai Rā has launched a petition, urging power generators and Government to provide better electricity outcomes for vulnerable communities. New Zealand’s residential power prices have surged almost 50 percent since 2000, faster than most OECD countries. Consumer NZ stats say 17 percent of New Zealanders had trouble paying Read more