Posts by Russell Brown
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Hard News: Done like a dinner, in reply to
But what effect on Mighty River Power share value, and Genesis, Meridian? Oh dear, what a conundrum.
Liam Dann says the 2.6% drop in Contact Energy shares this morning is “the barometer for market impact of possible Tiwai closure on power company value.”
Otoh, they appear to have risen late last week on the assumption that the taxpayer would step in and make it all nice.
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Hard News: Done like a dinner, in reply to
I’m rather concerned that what it will mean is that Rio Tinto gets concessions from both Meridian AND the government.
What I'm concerned about is that Meridian will get leaned on, Kordia-style, and magically find new negotiating room it didn't know it had, in order fo the government to save face. This would be a betrayal of the whole SOE principle, but it would not surprise me.
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Cracker: It's urs!, in reply to
Hoping to be live by Wednesday for my appearance on Media 3!
It was bloody good of you to agree to come on this week, when I know next week would have been easier.
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Hard News: Done like a dinner, in reply to
Channelling my partner a little
Thank you! I was sure someone would bring the knowledge. Bro.
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Hard News: Done like a dinner, in reply to
It’d be a very significant oversupply to the bottom of the south, to be sure, but by shifting the various stations’ supplies to a northwards direction it would make it easier to minimise transmission losses.
The short version from the Transpower website indicates that the new very large project is a major upgrade of the North Island grid.
The transmission map shows the new HVDC line to Benmore – the purple one. There’s still some distance from there to Tiwai Point (looking at it, a line would have to run from there to Bluff and then north to Benmore) and there’d be crazy supply in the south. But it seems we’d be in a better position than a few years ago to pass around this power in the way you suggest.
Also, here’s the national map.
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Hard News: Done like a dinner, in reply to
Not to rain on anyone’s parade but would anybody seriously consider placing a major data centre in the South Island with the Alpine fault ready to rumble at any time?
Yes. I think that's probably the biggest issue with the idea.
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Hard News: Done like a dinner, in reply to
Pointing out this government’s woeful incompetence also seems a better political strategy than using the silly “hands-off” line.
Exactly. What a stupid line in the circumstances.
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Hard News: Done like a dinner, in reply to
Oh, for sure. I was trying not to over-emphasise that. But I gather that Meridian thinks recent upgrades in the transmission infrastructure give it more options.
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Capture: Got the blues, in reply to


