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New Electricity SOE Brings Cheaper Wholesale Power
Friday, 16 July 1999, 11:29 am
Press Release: New Zealand Government
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SOE Minister, Tony Ryall, today officially opened the
Manukau City headquarters of baby-ECNZ Genesis Power
Limited.
Genesis is one of the three electricity
generation and retail companies formed from the former
ECNZ on 1 April this year as part of the Government's
plan to give New Zealanders a better deal on
electricity.
"Following the ECNZ split in April, wholesale
power prices fell dramatically" said Mr Ryall, speaking
in Manukau.
ENDS
© Scoop Media

Gordon Campbell: On the Sony cyber attack
Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.
Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>