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23 May 2025 13:30
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      Home > News > Business

    Confidence our energy supply will last us through the winter

    Confidence our energy supply will last us through the winter

    21 May 2025
    The Electricity Authority's latest assessment of supply security suggests we have sufficient coal, water and gas.

    Major Electricity Users' Group chair John Harbord says electricity prices have fallen since recent rainfall.

    He says things are also helped by Contact's deal to buy gas supply from heavy-user Methanex.

    He says wholesale prices are still much higher than they should be - but we won't see last year's peaks, unless something completely unexpected happens.

    Harbord says elevated prices are acting as a handbrake on the economy and impacting households.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     23 May: Supercars will race in the North and South Islands as part of a New Zealand double-header from next season - Christchurch's Ruapuna Raceway joins the calendar and Taupo's agreement extends until 2028
     23 May: The Finance Minister says the whole country will benefit from New Zealanders having more savings
     23 May: A boost for Nelson Hospital is the Government's largest ever investment in the city
     22 May: NZ Budget 2025: tax cuts and reduced revenues mean the government is banking on business growth
     22 May: Centre pieces of today's Budget include KiwiSaver changes - and a new business tax incentive
     22 May: New Zealand farmers are benefiting from a dairy renaissance
     22 May: Good news for New Zealand dairy - with strong demand producing a bumper season
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    RUGBY RUGBY
    The Black Ferns are finding a balance between World Cup prep and putting out a winning side for Saturday's Pacific Four game against the United States More...

    BUSINESS BUSINESS
    Supercars will race in the North and South Islands as part of a New Zealand double-header from next season - Christchurch's Ruapuna Raceway joins the calendar and Taupo's agreement extends until 2028 More...


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