NZ utility wants new entity to operate and shut down thermal power assets

Published 09:11 on November 15, 2021  /  Last updated at 00:52 on November 20, 2021  / /  Asia Pacific, EMEA, International, New Zealand, Other APAC

New Zealand can reach 100% renewable-powered electricity by 2030 in the most cost-effective and market friendly way if it establishes a special entity to facilitate the retirement of the country’s thermal generation assets, a report released on Monday by a New Zealand power provider claimed.
New Zealand can reach 100% renewable-powered electricity by 2030 in the most cost-effective and market friendly way if it establishes a special entity to facilitate the retirement of the country’s thermal generation assets, a report released on Monday by a New Zealand power provider claimed.


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