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5 Apr 2025 18:38
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  •   Home > News > Business

    Sky high energy prices could have detrimental flow on effects - both regionally and nationally

    Sky high energy prices could have detrimental flow on effects - both regionally and nationally


    Wholesale power prices have doubled in the past three weeks.

    As a result, Hawkes Bay mill Pan Pac's had its pulp production operations on standby all week.

    Major Electricity Users' Group chair John Harbord says some businesses won't survive the costs.

    He says Pan Pac alone represents 30 percent of Napier Port's business - and other businesses depend on its chips for their own products.

    He says if those wood chips aren't available, its could mean they too are no longer viable..

    He says the effects will ripple right through the economy.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    International:
    Australian space tourist returns to Earth after private flight over the poles 18:16

    Rugby:
    Moana Pasifika have won back-to-back games for the first time in their Super Rugby Pacific history 18:06

    Rugby:
    All Blacks Sevens coach Tomasi Cama is pointing to the lack of sevens experience with which new players are entering the senior environment 17:36

    Christchurch:
    One person's seriously injured after two vehicles crashed on State Highway 1 in Sanson, near Palmerston North 17:36

    Motorsports:
    Liam Lawson's logged the 12th-fastest time in the final practice session before tomorrow's Japanese Grand Prix at Suzuka 16:57

    Rugby:
    It won't be tonight, but Beauden Barrett is desperate to check out one of the hottest tickets going in Kiwi sport 16:17

    Living & Travel:
    How to get the most from potted citrus and when they'll fruit 16:06

    Business:
    A new law modernising the rules in our skies, comes into force today 15:26

    Health & Safety:
    Regulations are needed if Kiwis want better access to publicly prescribed medicinal cannabis 14:56

    Law and Order:
    There's an increased Police presence after a man has died in Auckland's Manurewa overnight 14:36


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