The reforms, which include new regulations designed to bolster competition, stem from the Electricity Price Review that the Government ordered last year. WARWICK SMITH/STUFF Twenty recommendations made by the Electricity Price Review will be "progressed immediately". That "market-marketing" requirement emerged as a main battleground issue when the Electricity Price Review published an earlier paper in February. "Right now, our electricity system is dominated by a small number of big 'gentailers' – companies that generate and sell electricity," Woods said. As expected, the Electricity Price Review recommended against going further by forcibly structurally separating electricity generators from retailers.

Source: Stuff October 02, 2019 22:52 UTC