scoop.co.nz 11 Mar, 2021 01:30 am

Fixes For Electricity Overcharging Ambulance At Bottom Of Cliff

Fixes For Electricity Overcharging Ambulance At Bottom Of Cliff
Flick says the fixes proposed are dealing only with the symptoms of a poorly functioning wholesale electricity market. The Electricity Authority (EA) today released its proposal for correcting the market after water was spilled needlessly from hydro dams in December ...

However Steve says this alone does not address current low confidence in the wholesale market." Steve says to truly restore faith in the wholesale market, the EA needs to urgently focus on a review on the wholesale market and consider appropriate market reform." "Current wholesale market prices are unusually high and we have to ask if this is another example of market failure.Scoop i Business Fixes For Electricity Overcharging Ambulance At Bottom Of Cliff Flick says the fixes proposed are dealing only with the symptoms of a poorly functioning wholesale electricity market.

The Electricity Authority (EA) today released its proposal for correcting the market after water was spilled needlessly from hydro dams in December 2019, reducing competition and driving up prices on the wholesale electricity market.Most critically, making all power companies buy from the same electricity market and on the same terms.

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