Rio continues to question Tiwai Point smelter’s value

Article – BusinessDesk

March 9 (BusinessDesk) – The Tiwai Point almunium smelter is back to running a profitable operation, though uncertainties about its outlook have left question marks over its intrinsic value, according to majority owner Rio Tinto. Read more »

How do you make an electric vehicle fly?

Press Release – Vector Limited

When the organisers of the Downstream Energy conference offered Vector a chance to showcase one of our electric vehicles, we leapt at the chance. Read more »

Road lighting conference draws an international audience

Press Release – Strategic Lighting Partners Ltd

New Zealands second road lighting conference opened in Auckland today before an international audience of more than 220, including councillors and council staff from around the country, contractors, researchers, government officials, and lighting … Read more »

NZ encouraged to follow Northland lead

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges says Northland is leading the charge in capitalising on its abundant energy resources and hopes the rest of the country will be encouraged to follow its example. Mr Bridges visited successful energy-related … Read more »

Solar is available today to the masses

Press Release – SEANZ

Plummeting costs of solar installation, buying the power generated from a solar system on your roof without any capital, lease to own schemes and low interest loans for solar system, mean that today, anyone with an electricity bill can get solar … Read more »

Trustpower says churn lower when telco services added

Article – BusinessDesk

March 5 (BusinessDesk) – Trustpower, the multi-utility company controlled by Infratil, said customers that buy electricity and telco services have a much lower rate of churn than those that only buy one service. Read more »

Retail separation better for electricity customers

Press Release – Flick Electric Co

Flick Electric Co. chief executive Steve OConnor is calling on the Big Five gentailers to consider separating their generation and retail businesses in the interests of customer experience and a more dynamic retail market at a major industry conference … Read more »

Regulatory change needed to drive innovation, Stiassny says

Article – BusinessDesk

March 5 (BusinessDesk) – Michael Stiassny, chairman of Auckland lines company Vector, says current regulation doesnt incentivise the electricity sector to foster new technology into the market. Read more »

NZ could reap $190M/year benefit from BLOS drones: report

Article – BusinessDesk

NZ could reap $190M/year benefit becoming first nation to allow beyond-line-of-sight drones Read more »

Minister of Energy and Resources to open Downstream tomorrow

Press Release – Downstream

The energy sectors annual 2-day conference Downstream is being held in Auckland tomorrow, at the SkyCity Convention Centre in Auckland. Read more »

Speech to Downstream Conference 2015

Speech – New Zealand Government

Its great to be back at this conference and to be New Zealands Energy Minister for a third year. Time flies when youre having fun and its been a real privilege working in such an exciting sector that is always changing and is enhancing … Read more »

Proactive electricity retailers lead the way internationally

Press Release – Electricity Authority

Latest international research shows New Zealands electricity retailers are competing fiercely for customers compared with those in selected overseas markets with competitive retail markets, but New Zealand consumers are relatively passive about exercising … Read more »

Review illustrates NZ’s positive electricity market

Press Release – Electricity Authority

The Electricity Authoritys annual review of the electricity market shows electricity demand is back on the increase, the four largest retailers are losing market share and electricity prices are being held, while technological innovations are likely … Read more »

Busy weekend for Auckland

Press Release – Vector Limited

Its one down and three to go at Eden Park for Cricket World Cup 2015. It was a very busy weekend in Auckland with the Volvo yachts coming in late Saturday, the Lantern Festival running in Albert Park and of course that cricket game. Vector crews … Read more »

Electricity Lines Tariff Reduction Announced

Press Release – Wellington Electricity Lines Limited

Wellington Electricity Lines Limited, the electricity lines company for the Wellington region, has today confirmed a reduction in their line charges that will take effect from 1 April 2015. Read more »

Transpower hikes 1H dividend, warns of regulatory threat

Article – BusinessDesk

Feb. 27 (BusinessDesk) – Transpower, the state-owned operator of the national electricity grid, hiked its first-half dividend to the government as revenue gained on the completion of its major upgrade, but is warning earnings and future payouts could be hit by … Read more »

Contact to hold energy and service prices flat

Press Release – Contact Energy

Contact Energy Limited today announced that it would be holding the energy and service components of its customers bills flat while making adjustments to account for changes in local network company tariff charges. Read more »

UPDATE: Genesis stock falls on stretch to reach FY earnings

Article – BusinessDesk

Feb. 24 (BusinessDesk) – Genesis Energy shares fell after New Zealands largest energy retailer said it faced “headwinds” of weaker global oil prices and aggressive competition for customers that would make it a stretch to reach its full-year … Read more »

Power companies too focussed on short-term pay-outs

Press Release – Green Party

Partially privatised energy companies are keeping electricity prices artificially high and ignoring international clean energy investment opportunities to ensure private shareholders get big pay-outs, the Green Party said today. Genesis Energy today announced … Read more »

Genesis Energy lifts 1H pretax earnings by 15%

Article – BusinessDesk

Genesis Energy lifts 1H pretax earnings by 15%, selling more electricity, gas to fewer customers Read more »

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