The Kākā by Bernard Hickey
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Consents galore, but where's the power?
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Consents galore, but where's the power?

Labour Govt announces fast-tracking of consents for wind and solar farms to generate 1,579 MW of power (3.5 Clyde Dams worth), but 1,904 MW of projects have been consented for 13 years and are unbuilt
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The problem is not consenting windfarm and solar projects. The problem is getting investors to act against their own interests by risking an over-supply that pushes down profits. Photo: Lynn Grieveson / The Kākā

TL; DR: The Labour Government is trumpeting its announcements of the fast-tracking of consents for solar and wind farms that could, in theory, p…

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The Kākā by Bernard Hickey
Choruses
The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.