They called it an “atmospheric river”, the weather bombardment which hit NZ’s northern region at the weekend. It exacted a terrible toll on metropolitan Auckland and the rest of the region.
Few living there may have noted a statement from electricity generator Mercury Energy labelled “WET, WET, WET!” This was to emphasise the impact of what the company said had been “the wettest first half-year ever”. Mercury operates the chain of hydro-electricity stations on the Waikato river.
More prosaically, the company said hydro generation in the second quarter of this financial year was 38% higher than in the corresponding quarter in the previous year. Continue reading “Mercury Energy’s hydro power generation has been boosted by a wet half-year” →
In the wake of the emotionally draining sagas that have dominated the mainstream media for the past week or so — -first the allegations of bullying within Parliament and by parliamentarians, and then the All Blacks’ triumph and turmoil over the coach’s future employment — can any relief be found?
Is any good news looming for a nation battered by the Covid pandemic and frustrated by a government that makes grand announcements but often fails to deliver?
Well, yes, there is.
Point of Order believes we don’t have to look far. It will come from the business sector which has been beavering away, despite the pressures on staff from Covid and within the supply chain to and from overseas markets.
Some of it is already emerging as the big electricity gentailer, Contact Energy, reported today. Contact did its bit for the country by limiting price increases in the year to 1.2%, announcing a new renewable energy project, and indicating it will be negotiating with Rio Tinto which wants to keep the Tiwai Point aluminium smelter open beyond 2024. (More of what Contact CEO Mike Fuge had to say below). Continue reading “Yes, there is good news for a Covid-weary NZ – and it has started to flow from our energy companies” →