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17 Sep 2024 19:17
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      Home > News > Business

    More evidence of the scale of the winter energy shortage

    More evidence of the scale of the winter energy shortage


    The electricity, gas, waste, and water services industry has recorded a 22-percent rise in seasonally adjusted sales in the June quarter.

    That's an eight-year record.

    Stats NZ says gas shortages and low hydro generation pushed up wholesale prices and a particularly cold May lifted demand.

    Meridian Energy says recent rain at Manapouri, Te Anau and Pukaki, and strong wind, is helping lower the wholesale price.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    		 Cricket:
    The Black Caps are well aware any subcontinent success will be key if they want to return to cricket's World Test Championship final 18:57

     Entertainment:
    Ethan Slater has settled his divorce from Lilly Jay 18:49

     Business:
    A report has found new home insulation standards are not as costly as the Government had claimed 18:37

     Entertainment:
    Cher has ended her bid for conservatorship of her son Elijah Blue Allman 18:19

     Rugby League:
    An SOS has gone out to the NRL as the Cowboys struggle to secure a flight to Sydney for their sudden-death finals clash on Friday night 18:07

     Entertainment:
    Victoria Beckham plunges her face in ice cold water to ease her hangovers 17:49

     Law and Order:
    Philip Polkinghorne's defence team says the Crown's accusations against him have been an insult 17:37

     Living & Travel:
    A Jetstar flight from Auckland to Christchurch's been delayed 10 hours after the wind picked up a set of boarding stairs and threw them into the plane 17:27

     Law and Order:
    What the charges and court documents tell us about the apparent second attempt on Donald Trump's life 17:27

     Entertainment:
    Richard Harris was always on his best behaviour during school holidays because he wanted to be "present" with his kids 17:19

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