Scoop has an Ethical Paywall
Mighty River Power Interim Report tabled
Mighty River Power Interim Report
tabled
Mighty River Power’s Interim Report for the six
months to 31 December 2012 has today been tabled in
Parliament.
Mighty
River Power is one of New Zealand’s largest
electricity companies – with its core business based on
reliable, low fuel-cost electricity generation complemented
by sales to homes and businesses.
The Company generates about 17% of New Zealand’s electricity from the nine hydro stations on the Waikato River, four geothermal power stations in the Central North Island and a multi-unit gas-fired station in Auckland. More than 90% of its electricity production is from renewable sources.
Mighty River Power sells electricity through multiple channels and retail brands, including Mercury Energy, GLO-BUG, Bosco Connect and Tiny Mighty Power. Mighty River Power’s metering business, Metrix, provides electricity retailers with advanced metering infrastructure (AMI) solutions for their residential and commercial customers.
Mighty River Power is one of the world’s largest geothermal power station owners, and has successfully developed 255MW of renewable geothermal generation since 2008, with the new 82MW Ngatamariki station to be commissioned by mid-2013. The Company is applying this capability and experience – gained through domestic geothermal exploration, development, construction and operations – to invest in international growth opportunities.
NIWA: Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New Research
New Zealand Customs Service: A Step Forward For Simpler Trade Between New Zealand And Singapore
Horizon Research: 68% Say Make Banks Offer Fraud Protection
NZ Banking Association: Banks Seek Government Support For Anti-Scam Centre
National Road Carriers: Praises NZTA State Highway Investment Proposal Turnaround
Greenpeace: Cameras Reveal Mass Underreporting Of Dolphin, Albatross And Fish Bycatch By Commercial Fishing Industry
