Consumers object to paying for Transpower’s cost overrun

Press Release – Major Electricity Users Group

The original approved cost for Transpowers North Island Grid Upgrade (NIGUP) was set by the Electricity Commission at $824 million; however costs overran this by $70 million. Now the Commerce Commission has released a draft decision approving … Read more »

Consumers object to paying for Transpower’s cost overrun

Press Release – Major Electricity Users Group

The original approved cost for Transpowers North Island Grid Upgrade (NIGUP) was set by the Electricity Commission at $824 million; however costs overran this by $70 million. Now the Commerce Commission has released a draft decision approving … Read more »

Tauranga Consumer Trust sells Trustpower shares for $154.8M

Article – BusinessDesk

April 23 (BusinessDesk) – Trustpower shareholder Tauranga Energy Consumer Trust sold 20 million shares in the power company for $154.8 million as it aims to diversify its investments away from a sole holding in the power company. Read more »

TECT Diversifies

Press Release – Metro Marketing

In the interests of diversifying its investment portfolio, Tauranga Energy Consumer Trust (TECT) has sold 20 million of its shares in Trustpower. This reduces TECTs holding from 33.2 per cent to 26.8 per cent of shares in the company. The shares … Read more »

Mighty River Power Quarterly Operational Update

Press Release – Mighty River Power

During the quarter ended 31 March 2015, FY2017 ASX futures prices were up $6/MWh reflecting balance between supply and demand from an energy perspective. Electricity demand increased against the prior comparable period (pcp) for the third consecutive … Read more »

Draft decision on Transpower’s NIGU application

Press Release – Commerce Commission

The Commerce Commission has today released a draft decision on Transpowers application seeking to recover its overspend on the North Island Grid Upgrade Project (NIGU). Read more »

June/July finish for Kotuku detention dam

Press Release – Northland Regional Council

Construction of a massive stormwater detention dam designed to better protect central Whangarei from damaging floods is edging ever closer to completion in a single season. Read more »

Free electric vehicle charger proving popular

Press Release – Vector Limited

Since last weeks launch of a free public EV charger at Vectors Carlton Gore Road offices, there has been a steady stream of electric vehicles plugging in. Read more »

Flick Flies Faster

Press Release – Flick Electric

New electricity retailer Flick Electric Co. has completed its first growth capital round, having now secured $4.8m in total from investors to accelerate customer acquisition and product development. Investors include the company founders, investment firms … Read more »

Consumers happier with petrol station rivalry as prices fall

Article – BusinessDesk

April 14 (BusinessDesk) – Petrol stations have taken a big jump up in consumers’ esteem in the past year, with 68 percent of those polled in a survey undertaken in January saying they believe petrol station prices are competitive, up from 56 percent … Read more »

Salute a Voluntary Group Near You Today

Press Release – TrustPower

Entries for the Trustpower Far North Community Awards opened today, Monday 13 April. Run in partnership with the Far North District Council and set up as an opportunity to recognise and thank local voluntary groups for their contributions to the community, … Read more »

New Zealand’s Greenhouse Gas Inventory 1990–2013

Press Release – Ministry for the Environment

New Zealands Greenhouse Gas Inventory is the official annual report of all anthropogenic (human induced) emissions and removals of greenhouse gases in New Zealand. The inventory measures New Zealands progress against obligations under the United Nations Framework … Read more »

Contact, Trust agreement on sale of Luggate land

Press Release – Contact Energy

Contact and trustees for The Red Bridge River Park Trust this week have agreed sale conditions for a parcel of Luggate land sought by the charitable Trust to develop a community river park involving native fauna and flora restoration and freshwater … Read more »

UCLA scientists create quick-charging hybrid supercapacitors

Press Release – UCLA

UCLA scientists create quick-charging hybrid supercapacitors Charge storage device created at California NanoSystems Institute is vast improvement over existing models Read more »

Rest and meal breaks restored at Cotton On

Press Release – First Union

Workers from the Cotton On distribution centre are welcoming substantial improvements in wages and working conditions says FIRST Union General Secretary Robert Reid. Read more »

Grey Power Questions Labour’s Energy Policy

Press Release – Grey Power New Zealand

The Grey Power Federation believes that comments attributed to Stuart Nash Labours energy spokesman in the Southland Times of the 31st March need to be addressed. If Stuart Nash believes that the level of competition in the electricity market necessary … Read more »

Eastland region’s electricity supply now in local hands

Press Release – Eastland Group

Todays transfer of Transpowers Gisborne and Wairoa 110kV assets to Eastland Network is a significant step towards Eastland Groups growth aspirations, says the companys chief executive Matt Todd. Read more »

Vector Network News

Press Release – Vector Limited

We were in close contact with emergency services when vegetation fires threatened power lines in South Auckland during the week. Our crews attended both of these incidents, in Flat Bush and Papakura. No damage was caused to any Vector assets. Read more »

Record Renewables in 2014

Press Release – Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment today released the December quarter 2014 edition of the NZ Energy Quarterly. This publication showed that renewable electricity generation contributed almost 80% of New Zealands electricity during … Read more »

Significant rise in renewable electricity

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges says new figures showing renewable energy contributed almost 80 percent of New Zealands electricity generation last year are very encouraging. At 79.9 percent, the share of renewable electricity generation … Read more »

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