News | Business
18 Aug 2022 7:55
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Contact Energy says potential electricity shortages shouldn't worry people

    Contact Energy says potential electricity shortages shouldn't worry people


    It follows concerns being averted both last night and last week, after warnings there were risks of insufficient power generation and reserve, to meet demand.

    Chief Executive Mike Fuge says we're never close to the edge, as the country has a robust power system... and recent events show it responds well.

    He says sometimes unusual things happen... but Transpower is a prudent operator, and will ask for a bit more generation when needed.

    It's unclear if overnight outages in Wellington's Miramar and Seatoun were related to the Transpower warnings.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     18 Aug: The OCR may be rising, but that doesn't necessarily mean mortgage rates will go the same way
     18 Aug: Kiwis are spending more, but getting less bang for their buck
     17 Aug: The biggest jump in median weekly earnings since records began ... haven't closed the gender pay gap
     17 Aug: The Reserve Bank's warning interest rates will keep rising
     17 Aug: The Reserve Bank has increased the Official Cash Rate 50 basis points, taking it from 2.5 percent to three
     17 Aug: Supply chain issues that have tormented the construction industry, haven't stopped Fletcher Building delivering strong financial results
     17 Aug: The Finance Minister says cyber security is of the utmost importance for the Reserve Bank
     Top Stories

    RUGBY RUGBY
    NZR boss Mark Robinson is welcoming the elevation of Joe Schmidt's role within the All Blacks More...


    BUSINESS BUSINESS
    The OCR may be rising, but that doesn't necessarily mean mortgage rates will go the same way More...



     Today's News

    Entertainment:
    Comedian Teddy Ray reportedly died from drowning 7:42

    Business:
    The OCR may be rising, but that doesn't necessarily mean mortgage rates will go the same way 7:38

    Environment:
    The wild weather is expected to roll on, as severe warnings remain for the top of the South Island 7:38

    International:
    In a remote enclave, a young resistance army is challenging the might of Myanmar's junta 7:28

    Law and Order:
    A Coroner has ruled a Marlborough man died not from the crash he was involved in, but the antifreeze he drank afterwards 7:28

    Business:
    Kiwis are spending more, but getting less bang for their buck 7:18

    Entertainment:
    Amber Heard has scrapped her long-time attorney Elaine Bredehoft and hired a new legal team to appeal the $10 million verdict in her defamation case against Johnny Depp 7:12

    Environment:
    Spain swelters through summer under new rules to reduce Europe's reliance on Russian gas 7:08

    Entertainment:
    James Tupper has thanked actress Emily Bergl for hitting back at accusations his former girlfriend Anne Heche was "crazy" 6:42

    Entertainment:
    Idris Elba is said to have walked away from talks to be the next James Bond after being named favourite to replace Daniel Craig 6:12


     News Search






    Power Search


    © 2022 New Zealand City Ltd