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Power sector "scrambles" for alternative energy sources, dusts off contingencies

Author
Newstalk ZB,
Publish Date
Thu, 27 Feb 2025, 9:23am
Photo / File
Photo / File

Power sector "scrambles" for alternative energy sources, dusts off contingencies

Author
Newstalk ZB,
Publish Date
Thu, 27 Feb 2025, 9:23am

More changes are on the way for the electricity sector, as power prices continue to rise. 

The Electricity Authority's proposing new measures to stop the big four electricity companies giving their own retail arms preferential treatment. 

The Government's lifting restrictions to allow lines companies to invest more in electricity generation. 

And Meridian Energy Chief Financial Officer Mike Roan told Mike Hosking the sector's also looking at how they can shore up energy supplies after being caught out by the gas shortage. 

He says they're scrambling, dusting off old contingency plans from 10 to 15 years ago. 

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