Electricity prices in New Zealand are about six times higher than Australia, this week sitting at around $700 per megawatt; while in late 2021 they were $100 per megawatt.

Multiple large scale businesses are proposing the idea of shutting down as a result of the high prices, and the Government is now looking at possible intervention.

Energy Resources Aotearoa Chief Executive John Carnegie joins Ryan Bridge on Early Edition to discuss what that may look like. 

LISTEN ABOVE

Electricity prices in New Zealand are about six times higher than Australia, this week sitting at around $700 per megawatt; while in late 2021 they were $100 per megawatt.
Multiple large scale businesses are proposing the idea of shutting down as a result of the high prices, and the Government is now looking at possible intervention.
Energy Resources Aotearoa Chief Executive John Carnegie joins Ryan Bridge on Early Edition to discuss what that may look like. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

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