$40m electricity price subsidy revealed, new geothermal on early
9 Jun 2008
Cabinet will today consider a range of measures to manage the impact of the drought and low hydro lakes on the electricity system – and a price-cushioning $40 million Government subsidy on power produced at the standby Whirinaki plant has been revealed.
Other major moves being considered include buying back power from heavy users – and commissioning Mighty River Power’s new geothermal plant at Kawerau next month instead of October.
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