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8 Nov 2025 18:50
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  •   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

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     Top Stories

    RUGBY RUGBY
    All Blacks first five Beauden Barrett has taken it upon himself to underline how close Scotland have come to tipping up New Zealand in the last two visits More...


    BUSINESS BUSINESS
    A construction company will use repeatable designs to churn out new hospital wards across the country More...



     Today's News

    Accident and Emergency:
    Fire fighters are battling what's estimated to be a 50-hectare vegetation blaze in the Tongariro Forest Park 18:47

    Soccer:
    Wellington Phoenix coach Giancarlo Italiano is backing his side to handle the occasion of tonight's first A-League Kiwi derby of the season against Auckland FC in the capital 18:37

    Politics:
    Inside the debate over the glass elevator Bali is building on the 'world's most beautiful beach' 18:17

    Auckland:
    A man has died after being pulled from the water at a beach, in Central Auckland 17:27

    Rugby:
    All Blacks first five Beauden Barrett has taken it upon himself to underline how close Scotland have come to tipping up New Zealand in the last two visits 17:17

    International:
    Sudan's crisis has entered a dramatic new phase — but it started years ago 17:07

    Soccer:
    Auckland FC will look to avoid getting caught up in the emotion of tonight's A-League derby against the Phoenix in Wellington 16:57

    International:
    Amyl and the Sniffers, Tame Impala, Rüfüs Du Sol secure 2026 Grammy nominations 16:07

    Accident and Emergency:
    Lake Terrace at the corner of Matuku Street in Two Mile Bay, Taupo, is closed following a single-vehicle crash 15:27

    Rugby:
    Former New Zealand coach Sir Steve Hansen has praised the young All Blacks locking trio that will be tasked with leading the second-row in tomorrow morning's test against Scotland at Murrayfield 15:07


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