Pulse Energy investors get mixed messages on takeover

Article – BusinessDesk

Nov. 27 (BusinessDesk) – Pulse Energy investors have been given mixed messages in a split recommendation on whether to accept a takeover bid for the electricity retailer, where three of the company’s four independent directors won’t take up the offer. Read more »

Centralines Announces Discount for Customers

Press Release – Centralines

Central Hawkes Bay consumer-owned lines company, Centralines, has this week declared a $1.2 million discount for its customers, on the back of a solid result for the 2014/15 financial year. Read more »

Inquiry highlights lessons from Penrose outage

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges has welcomed the Electricity Authoritys report on the October 2014 outage at Penrose substation in Auckland. Read more »

DOC and Delta to help keep NZ falcon safe near power lines

Press Release – Department of Conservation

Delta and the Department of Conservation (DOC) are working together to reduce the risk of New Zealand falcon/krearea being electrocuted when they perch on overhead power equipment. Read more »

Government likely to scrap “one-for-two” ETS surrenders

Press Release – Bell Gully

The Government has sent a clear signal that arrangements put in place to ease the impact of the New Zealand Emissions Trading Scheme (ETS) on certain sectors during the Global Financial Crisis could be scrapped as early as next year. Read more »

Energy management key to business success in EECA Award

Press Release – EECA

The winner of this years Sustainable Business Networks Energy Efficiency Management Award, sponsored by EECA Business, demonstrates how energy management is important for business success, says the Energy Efficiency and Conservation Authority (EECA). Read more »

King Country Energy rejects Trustpower two-tier offer

Article – BusinessDesk for Yahoo

Nov. 25 (BusinessDesk) – The independent directors of King Country Energy are urging the company’s 6,000 independent shareholders to reject Trustpower’s two-tier takeover offer, saying the whole offer should be pitched at $5 a share irrespective of uptake. Read more »

Spring volatility strikes Auckland

Press Release – Vector Limited

Spring continues to deliver its usual volatile weather. Winds gusting up to 128 km/h hit the region on Saturday and Sunday causing tree branches to snap and debris to come down on power lines. Read more »

Bay of Plenty’s biggest road works season continues

Press Release – NZ Transport Agency

Bay of Plentys biggest road works season continues: allow extra time when travelling The NZ Transport Agency is asking people to allow extra time when travelling around the Bay of Plenty, as the regions biggest road works season gets underway. Read more »

Trustpower cuts up to A$70M off the value of its SA windfarm

Article – BusinessDesk

Nov. 19 (BusinessDesk) – Trustpower downgraded its assessment of the potential production from the second stage of its Snowtown wind farm in South Australia by 9.4 percent, reducing operating earnings by around A$8.5 million a year “in a year of average … Read more »

Meridian’s Powershop in licensing deal with UK npower

Article – BusinessDesk

Nov. 17 (BusinessDesk) – Meridian Energy subsidiary Powershop has entered a franchise licence agreement with UK-based electricity generator and supplier RWE npower. Read more »

Vector Network summary for week ending 15 November 2015

Press Release – Vector Limited

Last week, Vector launched its first rapid charging stations for electric vehicles at its site in Hobson Street. This adds to the two standard chargers at Vectors Newmarket HQ in Carlton Gore Road, two standard chargers at the NorthWest shopping … Read more »

Auckland Council commits to energy saving plan

Press Release – Auckland Council

Auckland Council has announced a commitment to improve the way it uses energy, as part of a three-year partnership with the Energy Efficiency and Conservation Authority (EECA). The agreement will see steps put in place to save energy and reduce carbon … Read more »

EECA Board appointments

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges has reappointed Tom Campbell as Chair of the Energy Efficiency and Conservation Authority (EECA), reappointed Elena Trout, and appointed Hon Phil Heatley as Members of the Authority. All three appointments … Read more »

Meridian would consider wind farm if Genesis closes Huntly

Article – BusinessDesk

Nov. 12 (BusinessDesk) – Meridian Energy chief executive Mark Binns says a new wind farm is one of the options on the table if the country’s biggest electricity generator can’t convince Genesis Energy to keep open two ageing gas and coal-fired electricity … Read more »

Finalists announced for Business Energy Management Award

Press Release – EECA

Judges for the 2015 NZI Sustainable Business Network Awards have announced the finalists for the EECA Business Energy Management Award. Read more »

Greens offer Government chance to vote for the environment

Press Release – Green Party

The Green Party is offering the National Government the chance today to vote for the environment, and show it can work constructively across parities to future proof our economy by voting for two Green Party Members Bills, the Green Party says. Read more »

Cash-rich Infratil sees Pac Hydro sale completed in December

Article – BusinessDesk

Nov. 11 (BusinessDesk) – Infratil, which has built its cash reserves up to $755 million since profiting from the sale of Z Energy, expects the sale of potential acquisition target Pacific Hydro to be completed in December. Read more »

The cost of inefficient appliances

Press Release – EECA

You could be losing hundreds of dollars each year because of inefficient household appliances. Christian Hoerning from EECA ENERGYWISE says the true cost of an appliance isnt on its price tag. Read more »

Energy demand from manufacturing falls 8 percent

Press Release – Statistics New Zealand

The manufacturing industry used around 157,000 terajoules of energy in 2014, down 8 percent from 2012, Statistics New Zealand said today. Manufacturing contributes approximately 11 percent of New Zealand’s GDP, and is a major exporting industry. Read more »

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