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New Zealand Electric Utilities:APAC Focus: Higher prices are here to stay
2024-08-12 02:50

ab 12 August 2024 Global Research and Evidence Lab New Zealand Electric Utilities APAC Focus: Higher prices are here to stay Our detailed analysis of future supply and demand suggests a capacity shortfall particularly during peak periods. This sees higher marginal cost suppliers setting higher prices longer term. We forecast electricity prices in 2030 to be +40% above our previous forecasts, with an even more pronounced step up during peak periods. We believe MEL is best positioned to capitalise on this the ...