Tag: electricity_market
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Consumer NZ Delivers Record 82,085-Strong Petition to Parliament Over Power Bills
Consumer NZ handed its biggest-ever petition to Parliament, with 82,085 people backing a four-point plan to cut power bills as prices rose about 20% in two years.
Politics and GovernmentBusinessEnergyEconomyElectionSocial Issues Consumer NZJon Duffypower billselectricity marketShane Jonespetition
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ACT Unveils Energy Policy to Open Electricity Networks to Competition
ACT's Simon Court says the party would let households sell surplus power, allow private transmission investment and make lines companies prove value before adding costs to bills.
Politics and GovernmentBusinessEnergyEconomyOther PartiesEnvironment ACT New ZealandSimon Courtelectricity marketenergy policytransmission investmentpower prices
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New Rules to Level Playing Field in New Zealand's Electricity Market
New Zealand's Electricity Authority introduces rules from July 1st to ensure fair competition. Major gentailers must treat all retailers equally for wholesale price risk, aiming for better deals and more choice for Kiwi consumers.
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsEconomyEnergyLegalEnvironment Electricity MarketElectricity AuthoritySimeon BrownEnergy PolicyCompetitionConsumer ProtectionNew Zealand Government
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No Radical Intervention in Broken New Zealand Energy Market
Government announces measures to secure energy future, including LNG import facility and support for renewable projects, but experts say it is unlikely to bring down high electricity prices in the short term.
Politics and GovernmentBusinessEnvironmentEnergyAustralasiaGeneral PoliticsEconomyTradeClimate Change electricity marketrenewable energyLNG importgovernment policyenergy security