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Margaret Cooney: Octopus Energy Chief Operating Officer on the Winstone closures, energy crisis

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A relatively new player in the New Zealand power market has hit out at the Electricity Authority and Government amid the power crisis.  

Octopus Energy says that the closure of Winstone Pulp is a sign that urgent change is needed. 

They believe the Government’s decision to scrap the Lake Onslow reservoir project has discouraged electricity investment. 

COO Margaret Cooney told Mike Hosking it could have helped tackle the issue of competition in New Zealand's electricity market. 

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