Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Delay on Transpower decision petty

Thursday, March 30, 2006

Delay on Transpower decision petty

The Electricity Commission yesterday made a decision on Transpower's proposed 400 high voltage link across the Waikato but won't tell anyone what it is until April 27th.

"This is just petty," said Alasdair Thompson, chief executive of the Employers & Manufacturers Association (Northern).

"The respective responsibilities of the Electricity Commission, the Commerce Commission and Transpower are hopelessly confused.

"It's in the public interest to know now what the Electricity Commission's decision is on the Transpower project.

"The process adopted by the Electricity Commission is accentuating uncertainty for business.

"We understand the Electricity Commission has rejected the Transpower plan - if so, business needs to know what led to the decision, and what alternative action is proposed.

"Time is not on our side - to avoid brown outs or worse in Auckland in the next two to three years a robust power transmission system into Auckland is essential. Otherwise the price of power in the north will not remain comparable with elsewhere in the country at times of peak demand.

"Government must step in immediately and sort out this mess of its own making.

"The Minister of Energy will be held responsible in person for any
shortfall in power supply performance if the Electricity Commission makes the wrong decisions, because it is directly accountable to the Minister, not Parliament, for rulings of this sort."


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news