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Haast Energy to appeal ‘error’ on extreme blackout pricing

Electricity trader says Electricity Authority has failed to follow rule of law.

Although Transpower did not order power disconnections there was still effectively price scarcity, said the EA.

Tim Hunter Mon, 04 Jul 2022

Electricity trader Haast Energy says it is filing a High Court appeal against the Electricity Authority’s ruling allowing generators to keep $130 million of extra revenue garnered in the power cuts of August 9 last year.

The regulator last week issued its final ruling on the blackout saying no

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Haast Energy to appeal ‘error’ on extreme blackout pricing
Business,
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