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6 Jun 2025 12:34
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  •   Home > News > Business

    The Major Electricity Users' Group warns limited energy supply will continue to hamper our economy

    The Major Electricity Users' Group warns limited energy supply will continue to hamper our economy

    4 June 2025
    Meridian Energy's allowing Tiwai Point aluminium smelter to ramp up production, reversing a previous agreement to limit energy use.

    It says hydro lake levels have risen enough to ease fears of stretched power supplies this winter.

    Major Electricity Users' Group Chair John Harbord says without more supply, power affordability will continue to be a pressing issue.

    He says one in four businesses have cut production and let staff go because of high energy prices.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     06 Jun: Reports of internet outages across the Wellington region
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     05 Jun: The Government's announced 81-million dollars to go into minimising gambling harm
     05 Jun: Ukraine's attack on Russian air bases marks 'next phase' in drone warfare
     05 Jun: Auckland's largest real estate company has recorded its busiest May in four years
     04 Jun: Two major banks have cut interest rates in the past 24 hours
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     Today's News

    Entertainment:
    Beyonce's father Mathew Knowles realised that his daughter had what it takes to become a music star at a school talent show 12:20

    Business:
    Reports of internet outages across the Wellington region 12:07

    Entertainment:
    AJ McLean says that Liam Payne's final project 'Building the Band' is "unlike anything you have ever seen before" 11:50

    Business:
    Fletchers says it will vigorously defend itself against legal action over Auckland's International Convention Centre- nearly finished, but seven years late 11:47

    Entertainment:
    Kristin Cavallari feels like a new person after going through a divorce and cutting ties with her dad 11:20

    Law and Order:
    A witness has described the look on an Auckland terrorist's face as he attacked people with a knife - as deranged and manic 11:17

    Politics:
    Auckland Mayoral hopefuls team - Wayne Brown and Desley Simpson - say is they win anther term, they will continue their mission to 'Fix Auckland' 11:17

    National:
    Ocean currents can generate electricity – and our study shows Africa’s seas have some of the strongest 11:17

    Politics:
    Maori Party MPs receive record bans from NZ parliament over haka protest 11:17

    Entertainment:
    Hailee Steinfeld and Josh Allen have got married 10:50


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