Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Privatised electricity system fails

Privatised electricity system fails

Bill English is living in Wonderland if he seriously thinks the answer to the current crisis in electricity supply is to let the markets work even more freely.

Alliance infrastructure spokesperson Jill Ovens says last Friday's sudden rise in electricity spot prices was the inevitable outcome of multiple ownership and control of what is a vital strategic resource.

"We have a situation where the focus is on electricity prices which fluctuate hourly as if we were talking about cabbages in a vegetable market.

"There is no way we will ever achieve sufficient generation capacity to allow for extreme events if we don't plan over the long-term and we don't do that planning in the public interest."

Ms Ovens says the corporatisation of the electricity system, coupled with the winding down of State Coal Mines, led to a situation where Maui gas was frittered away in the Huntly Power Station, while the expansion of the Huntly coal fields was abandoned.

"Now Pete Hodgson has discovered the corporatised Coal Corp no longer pre-strips coal in case of drought because it operates as a business.

"We couldn't transport the coal anyway because we do not have enough coal trucks. And the Australian coal we will import to get us through this Winter is more environmentally destructive than our own.

"It's a mess."

The basic needs of the people in this country (not to mention the businesses) are prey to the vagaries of the speculation-driven markets, Ms Ovens says.

"We must re-establish our sovereignty over these resources. Electricity generation and supply must be owned and operated in the public interest.

"Only then can we have a long-term, planned approach to ensure security of supply at prices people can afford."

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


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>>


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>>


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>>


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news