Andrew Eagles

Geothermal, we now have a coal reserve that the big four have put together.

That's going to be 1.1 million tonnes of coal.

Genesis has moved on that and Meridian now has a very large approval for water storage and all of those things mean that we're not in the same position we were in in 2024 when we had that issue and so Sian's and others are saying it's really strong indications that if we had a similar event we wouldn't face that shortage and that massive spike in costs

So we don't need a really expensive old technology to be brought in.

We've got other solutions at play.

So it's a solution looking for a problem that no longer exists.

Well, I think, yeah, it's clear that we need real incentives to properly react.

The thing about the energy markets is the incentive is to only provide exactly how much you need.

And if you provide, so that puts it right on a nice edge.

But this is saying, well, actually, if you get that wrong, the $10 million hit.

And I think that it's logical and it's going to change the dynamic about how they consider this.

That's Andrew Eagle, Smart Energy Alliance spokesperson.