More evidence of the scale of the winter energy shortage
More evidence of the scale of the winter energy shortage
10 September 2024
The electricity, gas, waste, and water services industry has recorded a 22-percent rise in seasonally adjusted sales in the June quarter.
That's an eight-year record.
Stats NZ says gas shortages and low hydro generation pushed up wholesale prices and a particularly cold May lifted demand.
Meridian Energy says recent rain at Manapouri, Te Anau and Pukaki, and strong wind, is helping lower the wholesale price.
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