What Is Wrong With The New Zealand Electricity Market?

Dr Geoff Bertram spoke to an online meeting of Engineers for Social Responsibility on 19 August 2020.

He reviewed the electricity reforms since 1986 and their effects, particularly on pricing, excess profits and anti-competitive practices. He noted the effects particularly on increasing poverty and inequality, specially child poverty and energy poverty. He suggested steps that could be taken to deal with these problems, but noted that invested interests would make implementation of any of them, very difficult to achieve.