Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Electricity reforms for the better

Media statement Wednesday, December 9th, 2009

Electricity reforms for the better

Business and consumers alike should be better off with the reform package in place for the electricity market, says the chief executive of the Northern Employers and Manufacturers Association, Alasdair Thompson.

"We are pleased the government has adopted many of our recommendations for the review," Mr Thompson said.

"We applaud the measures aimed at eliminating undue influence in the electricity market by generators and retailers.

"The Liquid Hedge Market for electricity is sorely needed though a real challenge for the industry.

"We congratulate the government for resisting the temptation to regulate when consumers switch over to a new supplier.

"The encouragement of oil and gas exploration - only 8 per cent of our huge continental shelf has been explored - is most welcome, as is the establishment of the new Electricity Authority."

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.