• Bridget Abernethy: ERANZ chief executive on the market options available to companies amid power price surge

  • 2024/10/24
  • 再生時間： 4 分
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Bridget Abernethy: ERANZ chief executive on the market options available to companies amid power price surge

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  • The Electricity Authority said market options were available to big power users during the winter price spike that some blamed for their closure.

    The closures prompted the EA – the regulator – to investigate the options available to big power users, and it found hedges available tended to be lower than the overlapping average ASX price at the time.

    Last month, a number of Kiwi businesses, including Pan Pac, Winstone Pulp and Oji were forced to close, citing surging electricity costs.

    ERANZ chief executive Bridget Abernethy says the prices were higher than usual - but the companies had alternative options to bring their costs down.

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    The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts

    See omnystudio.com/listener for privacy information.
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The Electricity Authority said market options were available to big power users during the winter price spike that some blamed for their closure.

The closures prompted the EA – the regulator – to investigate the options available to big power users, and it found hedges available tended to be lower than the overlapping average ASX price at the time.

Last month, a number of Kiwi businesses, including Pan Pac, Winstone Pulp and Oji were forced to close, citing surging electricity costs.

ERANZ chief executive Bridget Abernethy says the prices were higher than usual - but the companies had alternative options to bring their costs down.

LISTEN ABOVE

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts

See omnystudio.com/listener for privacy information.
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