Mercury Fully Charged—1Q26 Operating Statistics
Above-average hydro generation made a significant difference, and while its Lake Taupo storage lake is full, low wholesale electricity prices...
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Electricity Sector Gasping For Gas—Electricity Implications
It is well known that New Zealand’s gas fields are in decline, with the most recent update in May 2026 highlighting a further -13% reduction in...
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Power Points - DEMAND STORMS BACK—SEPTEMBER 2025
We like the valuation metrics that the sector is currently offering, with the electricity sector underperforming its yield peers despite performing...
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Power Points Watts in the Bank—July 2025
Hydro storage has recovered above the long-run average, benefiting all generators, with Mercury (MCY) being the biggest winner in June 2025.
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Power Points Hydro Holding Pattern—May 2025
The Commerce Commission is expected to make an announcement on Contact Energy's proposed takeover of Manawa Energy by 9 May 2025, with a positive...
314 Views