Power companies are warning the road to fully renewable energy will be a bumpy one.  

The big four power companies will co-invest in an energy stockpile which will include 600-thousand tonnes of coal.  

Mercury Chief Executive Stew Hamilton says power companies have a commitment to renewables.  

He told Mike Hosking Mercury has invested a billion dollars into geothermal and wind power, but there needs to be a backup.  

Hamilton says when the wind isn't blowing and the sun isn't shining, there needs to be a more solid source of energy. 

LISTEN ABOVE 

Power companies are warning the road to fully renewable energy will be a bumpy one. &nbsp;
The big four power companies will co-invest in an energy stockpile which will include 600-thousand tonnes of coal. &nbsp;
Mercury Chief Executive Stew Hamilton says power companies have a commitment to renewables. &nbsp;
He told Mike Hosking Mercury has invested a billion dollars into geothermal and wind power, but there needs to be a backup. &nbsp;
Hamilton says when the wind isn't blowing and the sun isn't shining, there needs to be a more solid source of energy.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Stew Hamilton: Mercury CEO on the Huntly Power Station deal, road to renewable energy

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1c74df90-cc65-4f55-9dc1-b330014b3ea1/transcript