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That's exactly what I had expected. I had a suspicion that Manapouri may not have been adequately connected to the grid for sufficient power distribution in the
by mkingston 13y ago
That's exactly what I had expected. I had a suspicion that Manapouri may not have been adequately connected to the grid for sufficient power distribution in the very short term; but even more so, I thought National's assertion that closing down Tiwai wouldn't affect power prices was quite likely disingenuous.
It is quite a complex issue, yes. Looks like treasury was fairly firmly against subsidising the smelter from an economic standpoint. Of course there are social issues, too.
More efficient how? Power consumption? Or just better margins? If power consumption; presumedly not enough to significantly alter electricity prices for others? Is there anything I can read on this?