The core problem in the market was caused by the Government, said Frontier Economics, and was best solved by focusing state investment on securing and selling thermal energy.
The Government should become the market’s thermal generation provider, said Frontier Economics.
The main recommendation in the long-awaited report by consultancy Frontier Economics was for the Government to sell its power company stakes and invest in Crown-owned thermal generation.
The report also recommended amalgamating the 29 electricity distribution companies into five regional