Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Hydro competition wastes water


Monday 28th August

Hydro competition wastes water

Green Party co-leader Jeanette Fitzsimons said today that electricity reforms have resulted in incentives for wasteful game-playing by hydro stations which will contribute to the "browning of New Zealand".

Speaking at the Energy 2000 Symposium in Auckland, Ms Fitzsimons said hydro stations now generated less electricity than before the reforms from the same water flows, resulting in more use of gas than necessary.

"Hydro stations in competitive ownership have the opportunity to hold water back when it is needed or send it down the spillway without generating any electricity, just so they can get a higher price when they feed their electricity into the grid, or a strategic advantage over a competitor," said Ms Fitzsimons.

The price that hydro stations receive for their electricity depends on who else is feeding into the grid during that half hour period.

Splitting up ECNZ by National governments has given hydro stations an incentive to play their water flows off against each other and against gas stations, some of which they own, instead of acting in the best interests of the country, said Ms Fitzsimons.

"That's just economics gone insane. I think consumers would be really angry if they knew that New Zealand companies were wasting the country's valuable resources just to keep their profits higher."

Ms Fitzsimons said without co-ordination, there would never be a return to efficient use of water. As a consequence, gas use and pollution would continue to grow.

"If we don't find some way to treat the hydro stations as an integrated system, then they will continue to use our water wastefully. We don't necessarily have to reintegrate ownership, but it does mean we have to find a method to run hydro stations according to an agreed most efficient use of water for the whole country."

Ms Fitzsimons also said the governance board recommended by the Caygill Enquiry in June was a recipe for further disasters in the use of renewable energies.

"A board chosen by the market participants and setting the pricing rules is effectively a cartel which will protect the interests of the current participants, and work against the consumers, small generators of renewable energy, and the environment."

A copy of Jeanette's speech is available from the Green Party media office on request.

Jeanette Fitzsimons MP: 025 586 068 Gina Dempster, Press secretary; 04 470 6723 or 021 1265 289

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news