Breaking up NZ’s power gentailers sounds appealing. The consequences may not be
Getty Images In an election centred on New Zealand’s cost-of-living crisis, it’s perhaps unsurprising to see parties return to a familiar idea for tackling rising power bills: breaking up the big electricity gentailers. Both New Zealand First and the Greens want to split the big gentailers into separate generation and retail businesses. The appeal is straightforward. If independent retailers could buy electricity on fairer terms, the argument goes, greater competition should bring household…
Where: New Zealand, California
Exact coordinates
new zealand: -40.900, 174.890
california: 36.780, -119.420
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