Archive for October, 2008

Falling Exchange Rate Challenge For Wind Generation

The fall in NZ’s exchange rate could put a dent in the ambition of NZ’s power generators to move rapidly in expanding wind farm …

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What’s Really Going On With Contact Energy’s Directors’ Fees?

It is surprising how superficially the media have treated Contact Energy’s announcement it has backed down on its proposed increase in Directors’ fees. The …

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Contact Energy’s Image Takes A Public Beating After Price Increases

• Customer backlash feared.
• Contact’s message not getting through.
• Grid still a major concern.
Contact Energy got a sharp reality check last week when it …

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SOE Looks At “New-Energy” Outcomes

Solid Energy, better known as the country’s biggest coal producer, aims through its subsidiary Biodiesel NZ to produce 70m litres of high-specification biodiesel by …

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The Greens – Potentially Political Losers In The Current Climate?

It was always likely the opinion poll gap between National and Labour would start closing as the election approached. However, there was also evidence …

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Transpower Seeks To Raise Its Game

State-owned Transpower which runs the national grid earned $108m in net profit in the year to June, down from $134m the previous year. It …

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Where To For Climate Change Policy In The Event Of Global Recession?

• NZ business says hold on ETS.
• Aust business says yes, but slowly.
• Recession will hit climate change policy.

Business NZ CEO Phil O’Reilly’s call …

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SOE Puts Priority On Geothermal

SOE Mighty River Power, which has embarked on developing a billion-dollar geothermal business, says its geothermal exploration and development programme is the largest and …

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Nats Reiterate Plans For Environment Protection Authority

National has disclosed more details about its proposed Environmental Protection Authority (EPA), which it would create by merging the Environmental Risk Management Authority and …

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Can A “Green New Deal” Save The World’s Economy?

Chris Mole, Associate Editor
• UN launches Green Economy Initiative.
• World must focus on “green” growth.
• Army of “green-collar” workers.
Top economists and UN officials are …

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Meridian’s Tough Year, But Other SOEs Prosper

Two of the state-owned power companies prospered over the last year, but the biggest, Meridian Energy, took a $112m hit on its bottom line …

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At Last – Energy Provides A Real Election Policy Difference

• Parties differ widely on energy.
• Labour opposed to thermal plants.
• National silent on price increases.
Energy policy is one of the few areas of …

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Electricity Heavyweights Tackle Locational Price Risk

It’s one of those obscure aspects of the way the national grid works, but locational risk factor management is a contentious, long-running $100m a …

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Nats Seek To Encourage More Forest Planting

The National Party has announced its forestry policy, designed to “get NZ planting again.” Forestry Spokesman Shane Ardern says National will reverse the deforestation …

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State Of The National Grid Lambasted By Transpower Top Man

• Grid investment lagging.
• Modern day demands are extreme.
• System less able to cope with failures.
Transpower CEO Patrick Strange has been painting a gloomy …

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