A new blogger
Aaron Gilmore is now blogging at the site of his name.
He’s providing some good analysis on energy issues, including this post looking at the winners and losers of the proposed nationalisation policy of Labour/Greens.
His summary is:
Winners
- Energy consumers
- Policy advisors
- Media
- Any energy company that current is not earning its average cost
- Regulators
- Gas and coal providers in NZ, without long term contracts
- Energy company advisors and lawyers
- Forex and other market dealers
Losers
- Generation companies that have high cost generation plant
- Owners and investors and associates in generation companies
- Future generation market new entrants
- Anyone with a potentially favourable energy supply contract either as seller or buyer
- Lines companies that are at risk of asset stranding
Looking forward to some more good analysis.