Electricity Sector: Futures Energise Earnings
Analysis of reported mass market and commercial and industrial tariffs vs. our ASX futures benchmark indicates that significant commercial tariff...
238 Views
Power Points: Futures Pressure Downwards — May 2023
April 2023 saw continued strong hydro generation (particularly North Island), and a return to more favourable conditions for Meridian Energy (MEL);...
208 Views
Power Points: Carbon Uncertainty — April 2023
March 2023 was dominated by the Government pressing ahead with Project Onslow (despite costs almost quadrupling) and the failure of the carbon...
168 Views
Mercury: Fresh Wind — 2023 Investor Day
The key feature of Mercury's 2023 Investor Day (its first since 2019) was the more than doubling of its development pipeline to ~8.1TWh from...
161 Views
Power Points: Developing Overbuild Risk — March 2023
February 2023 was again characterised by high North Island hydro generation, which is good news for Genesis Energy (GNE) and Mercury (MCY), but the...
388 Views