News | Business
24 Dec 2025 12:15
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Sky high energy prices could have detrimental flow on effects - both regionally and nationally

    Sky high energy prices could have detrimental flow on effects - both regionally and nationally


    Wholesale power prices have doubled in the past three weeks.

    As a result, Hawkes Bay mill Pan Pac's had its pulp production operations on standby all week.

    Major Electricity Users' Group chair John Harbord says some businesses won't survive the costs.

    He says Pan Pac alone represents 30 percent of Napier Port's business - and other businesses depend on its chips for their own products.

    He says if those wood chips aren't available, its could mean they too are no longer viable..

    He says the effects will ripple right through the economy.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     24 Dec: Pressure builds on Milano Cortina organisers amid climate concerns and funding issues
     24 Dec: Scepticism about a free trade agreement with India, less than a year out from the election
     24 Dec: A jury's ordered US pharmaceutical giant Johnson and Johnson to pay more than 2.5 billion dollars - to a woman who blamed it for causing her cancer
     24 Dec: This year's Christmas spread could cost a bit more to put on tomorrow
     24 Dec: Rising prices could be prompting Kiwis to change their Christmas spread
     23 Dec: Berries, corn, and fruit pies are in hot demand as supermarkets prepare for the Christmas rush
     23 Dec: Don’t drive the sleigh on your own: 5 tested management tips for surviving Christmas like a boss
     Top Stories

    RUGBY RUGBY
    Jonny Tata's quest to become the first kiwi to advance to the third round at the world darts championship has been dashed More...


    BUSINESS BUSINESS
    Pressure builds on Milano Cortina organisers amid climate concerns and funding issues More...



     Today's News

    National:
    West Antarctica’s history of rapid melting foretells sudden shifts in continent’s ‘catastrophic’ geology 12:07

    Law and Order:
    Investigations are underway after an early morning house fire in New Plymouth 11:57

    Entertainment:
    Sydney Sweeney plans to "travel" over the festive season 11:50

    Entertainment:
    Travis Kelce has been urged to "step away from the game for a little bit" before making a decision about his future 11:20

    Environment:
    The South Island's West Coast is set to be lashed by rain this Christmas....for the rest of the country it's a mixed bag 11:07

    Entertainment:
    Michelle and Barack Obama were due to meet Rob Reiner and his wife Michele on the day they died 10:50

    Rugby League:
    Two-time former champion Gary Anderson is through to the last 32 at the world darts championship .. 10:47

    Law and Order:
    A Christmas miracle in Nelson - a cat stolen in a break-in at the SPCA ten months ago has been found 10:27

    Entertainment:
    Nick Reiner is set to be formally charged with the murders of his parents 10:20

    Rugby League:
    An epic on the oche at Ally Pally .. 10:07


     News Search






    Power Search


    © 2025 New Zealand City Ltd