NZ’s electric opportunity – part 2

Following our overview of the NZ electricity market, Gaurav Sodhi takes a look at three recently listed energy retailers.

Electricity generators and retailers are under threat. Once thought cash cows, persistently low electricity demand combined with growth in renewable energy – especially rooftop solar power – has smashed industry profitability around the world. We raised concerns back in Electricity Disrupted part one and part two and, in NZ’s electric opportunity part one, we looked at the New Zealand electricity market, unique for its high proportion of renewable power.

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