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22 May 2025 9:51
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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


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    RUGBY RUGBY
    A concerning injury list is building for the Hurricanes ahead of Super Rugby's penultimate round, although they do welcome back Devan Flanders and All Black Tyrel Lomax for the visit to the Reds More...

    BUSINESS BUSINESS
    Smith and Caughey's closure indicates what needs to change in Auckland's CBD More...


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