New Zealand's electricity market has lead the world in the developing into a successful free-market model, where regulation is used to ensure market power is not abused. The system has changed the long term planing of generation, but prices have risen. How are prices set, and what barriers are there to new retailers who could offer competitive pricing? This talk will cover some of the dark secrets of the market and provide some background to the current debate around the “single-buyer” model being proposed.
Date: Thursday 25 June
Time: 7:30 pm
Location: Tawa Community Centre