Te Whakahiko i ngā Marae | the Electric Marae report
Yesterday I spoke to Rewiring Aotearoa CEO Mike Casey and Octopus Energy NZ Chief Operating Officer Margaret Cooney about the current state of our electricity market and what could be done to fix it. Casey talked about how he earned extra money by exporting power into the grid at sky-high prices from the solar panels and batteries he installed to fully electrify his cherry orchard in Cromwell. Cooney talked about how Octopus Energy UK pays customers to reduce demand and uses automation to match supply and demand. She also talks about a way to make the market more competitive and viable for independent retailers buying from the wholesale market.
Two-way charging seen in the wild; sales of big electric rigs are growing rapidly (and more of them could helps address New Zealand's $12.1 billion energy blind spot); second-hand EVs are holding their value better than expected in Australia; the perils of Aqua ownership; and how to improve the disputes process in the wake of the SolarZero saga.
Read moreDownloadAccording to a new poll from Talbot Mills, energy will be a major factor for almost three quarters of voters on November 7 and just 12% think spending $1 billion on an LNG import terminal is a good use of Government money.
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