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Press Release – Green Party The Electricity Authoritys finding that Meridian caused power prices to rise and extra fossil fuels to be burnt shows the need for renewed focus on electricity market reforms, the Green Party said today. Power companies were supposed to be …
The Electricity Authority’s finding that Meridian caused power prices to rise and extra fossil fuels to be burnt shows the need for renewed focus on electricity market reforms, the Green Party said today.
“Power companies were supposed to be on notice to behave responsibly following the previous Government’s Electricity Price Review, but just a few months after that review it looks like Meridian behaved in a way that increased power prices and saw extra fossil fuels being burnt instead of low-cost, clean hydro generation,” Green Party Energy and Resources spokesperson Julie Anne Genter said.