Margaret Cooney: Octopus Energy chief executive on the Government's planned reform for the energy sector
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
There's hopes from one electricity retailer that the Government may underwrite generation projects.
The Government is expected to make decisions this month on reforming the energy sector - after it asked global consultancy company Frontier Economics to report back on what's needed.
Octopus Energy chief executive Margaret Cooney says underwriting's worked in the past with the ultra-fast broadband rollout.
"You can do that by issuing a tender, getting long-term contracts and new supply to come into market as soon as possible."
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