Business Scoop


A 100% Renewable Electricity Pipedream

Press Release – Azwood Energy

The Governments plan to move to wholly renewable electricity by 2035 is extravagant and could drive up electricity prices by 39 per cent, industry insiders have heard. Coupled with recent findings that fossil fuel-generated electricity production has … Read more »

UPDATE: Mercury, Genesis signal weaker earnings

Article – BusinessDesk

UPDATE: Mercury, Genesis signal weaker earnings on low lake levels, gas shortage Read more »

We are the Rising Tide!

Press Release – Extinction Rebellion NZ

The seas are rising – but so are we! Human wave for action on climate change. Read more »

Mercury, Genesis signal weaker earnings on low lakes

Article – BusinessDesk

April 18 (BusinessDesk) – On-going dry weather on the North Island has prompted Mercury NZ and Genesis Energy to lower their full-year operating earnings forecasts. Read more »

Mercury Quarterly Operational Update

Press Release – Mercury

Three months ended 31 March 2019 Sustained dry hydrological conditions and thermal generation constraints led to record spot prices 18 April 2019 Record spot prices were observed over the quarter as the market responded to limited thermal fuel and … Read more »

Extinction Rebellion Te Whanganui-a-Tara Kick-Off Event

Press Release – Extinction Rebellion NZ

Extinction Rebellion Te Whanganui-a-Tara Kick-Off Event A Gathering of Rebels International Week of Action against climate change and the 6th mass extinction (April 15 – 20, 2019) Read more »

Solar, batteries and demand response may save $500M

Article – BusinessDesk

April 16 (BusinessDesk) – Maximising use of solar, batteries and other forms of distributed energy could save the country about $500 million long-term, the Electricity Authority has been told. Read more »

Contact Energy sets science based targets

Press Release – Contact Energy

Contact Energy has become the first energy company in New Zealand to have its emission reduction targets approved by the Science Based Target Initiative (SBTi). Read more »

Infratil looks at replicating Longroad in Europe

Article – BusinessDesk

April 10 (BusinessDesk) – Infratil is looking to replicate its investment in US-based renewable energy developer Longroad in Europe, chief commercial officer Jason Boyes told the company’s investor day. Read more »

Kiwi consumers missing key pieces of the puzzle

Press Release – NZ Compare

The Power Pulse summer quarter business information report is now available from NZ Compare . The report provides fresh insights to help understand those who are shopping for a new power provider online, and their motivations when choosing a new … Read more »

Electricity panel warned against politicising pricing

Article – BusinessDesk

April 8 (BusinessDesk) – One of the countrys smallest electricity network companies has urged the governments electricity pricing review panel not to invite politicians into the debate on transmission pricing. Read more »

Warm up for winter

Press Release – EECA

Winter is coming but you may be able to make your home warmer and drier with a Government grant covering at least two-thirds of the cost of ceiling and underfloor insulation. Read more »

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