Electricity regulator rejects radical solutions for power market
After finding a lack of competition in the wholesale market, the Electricity Authority opts for minor adjustments.
Meridian's Waitaki hydro system, including the Benmore dam, dominates the wholesale power market.
The Electricity Authority says it would be “inappropriate and premature” to propose structural changes to electricity generation, despite finding evidence of a lack of competition and abuse of market power.
In its latest consultation paper on the wholesale market the EA has proposed tweaks to
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