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Major Electricity Users Group - Latest News [Page 2]
Greedy electricity line companies may affect OCR
Wednesday, 27 October 2010, 11:21 am | Major Electricity Users Group
“Significant increases in power prices above general inflation could affect future Reserve Bank decisions on the Official Cash Rate” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group. More >>
Electricity Allocation Factor report released
Thursday, 2 September 2010, 12:18 pm | Major Electricity Users Group
Energy intensive industries need to understand the impact that the Emissions Trading Scheme (ETS) will have on their costs according to Ralph Matthes the Executive Director of the Major Electricity Users’ Group (MEUG). “The current ETS recognises this ... More >>
MEUG welcomes agreement between ASX and powercos
Thursday, 3 June 2010, 1:48 pm | Major Electricity Users Group
“The announcement this morning by the five largest power companies and ASX of an agreement to develop an electricity futures and options market is excellent news” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). More >>
MEUG congratulates Mighty River Power expansion
Wednesday, 19 May 2010, 1:10 pm | Major Electricity Users Group
“Investment by Mighty River Power (MRP) in a 49.9 MW geothermal power station development in Southern California appears to be a positive step,” said Terrence Currie, Chair of the Major Electricity Users’ Group (MEUG). More >>
Energy Link report prepared for MEUG
Monday, 3 May 2010, 9:56 pm | Major Electricity Users Group
“MEUG is pleased to make public today an Energy Link report “Analysis of Generator Offers Jan-Mar 2010” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). More >>
Review of ETS timing is needed
Wednesday, 28 April 2010, 1:44 pm | Major Electricity Users Group
“The announcement yesterday by the Australian Government of a significant delay to an ETS in Australia is a game-changing event that will impact every NZ householder and business” said Ralph Matthes, Executive Director of the Major Electricity Users’ ... More >>
High wholesale power prices questioned
Friday, 26 March 2010, 5:14 pm | Major Electricity Users Group
“The high wholesale power prices are out of step with current lake levels which are average for this time of year” said Terrence Currie, Chairman of the Major Electricity Users’ Group (MEUG). More >>
MEUG welcomes Supplier initiative for hedge marke
Monday, 21 December 2009, 3:30 pm | Major Electricity Users Group
“Announcements by Energyhedge today of a number of initiatives to deepen and bring more product innovation to the electricity financial derivatives (“hedges”) market are very welcome news” said Ralph Matthes, Executive Director of the Major Electricity ... More >>
MEUG welcomes decisions on power sector
Thursday, 10 December 2009, 5:28 pm | Major Electricity Users Group
“The decisions on the electricity market and governance announced by the Minister of Energy, Hon Gerry Brownlee, is a very good package of reforms” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). “Government’s ... More >>
Comments on analysis by Professor Wolak
Friday, 11 September 2009, 5:19 pm | Major Electricity Users Group
“The Ministerial Review of Electricity Market Performance and the work by Professor Wolak for the Commerce Commission on assessing market power in the wholesale electricity market have clearly identified the need for changes,” said Terrence Currie, Chair ... More >>
MEUG welcomes PCE report on smart meters
Thursday, 25 June 2009, 4:22 pm | Major Electricity Users Group
“The Parliamentary Commissioner for the Environment (PCE) report on Smart Electricity Meters is a welcome contribution towards finding ways that consumers can take control of how much power they consume leading to better utilisation and deferment of generation ... More >>
MEUG releases NZIER slides on Wolak analysis
Monday, 15 June 2009, 4:53 pm | Major Electricity Users Group
“The investigation into the electricity sector by the Commerce Commission including the report by Professor Wolak should be viewed as a valuable input for the Ministerial Review of the Electricity Sector,” said Terrence Currie, Chair of the Major Electricity ... More >>
Closer alignment of climate policies welcomed
Friday, 6 March 2009, 3:52 pm | Major Electricity Users Group
“All New Zealanders should welcome the announcement of closer alignment between the New Zealand and Australian governments’ on climate change policy,” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). He was ... More >>
Vector should pay adequate compensation
Friday, 20 February 2009, 11:08 am | Major Electricity Users Group
“There is a sense of irony when Vector yesterday announced handsome profits at a time when most businesses are struggling in the new economic environment, and then today because of a failure on Vector’s power network many businesses in Newmarket ... More >>
Deferring the ETS to minimise job losses
Friday, 16 January 2009, 3:34 pm | Major Electricity Users Group
“The pros and cons of deferring the Emissions Trading Scheme (ETS) should be considered by the Prime Minister’s Summit on Employment next month,” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). He was commenting ... More >>
Bollard’s observation right on the money
Thursday, 11 December 2008, 1:39 pm | Major Electricity Users Group
“The statement yesterday by the Reserve Bank Governor Dr Alan Bollard that, ‘We would hope that the electricity industry does not take advantage of its market position and keep increasing rates’ is right on the money,” said Ralph Matthes, Executive ... More >>
Ban on thermal stations a regulatory nightmare
Tuesday, 14 October 2008, 9:49 am | Major Electricity Users Group
“The ban on thermal power stations causes a regulatory nightmare,” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). He was commenting on the release of a discussion paper on draft regulations to implement ... More >>
Wind generation useful but no panacea
Thursday, 2 October 2008, 1:48 pm | Major Electricity Users Group
“More wind generation in New Zealand is useful, but is no panacea,” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). More >>
Energy strategy progress report pointless
Wednesday, 24 September 2008, 5:35 pm | Major Electricity Users Group
“The self-congratulation by the Minister of Energy today when releasing the initial six month progress report on the New Zealand Energy Strategy is pointless,” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG). More >>
HVDC upgrade must proceed
Monday, 22 September 2008, 11:17 am | Major Electricity Users Group
“The Major Electricity Users’ Group (MEUG) fully support Transpower’s proposed upgrade of the HVDC and re-affirm our support for the Electricity Commission’s intention to approve the expected cost of up to $672m,” said Ralph Matthes, Executive ... More >>
