Stew Hamilton: Mercury CEO on the Huntly Power Station deal, road to renewable energy
The Mike Hosking Breakfast · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Power companies are warning the road to fully renewable energy will be a bumpy one.
The big four power companies will co-invest in an energy stockpile which will include 600-thousand tonnes of coal.
Mercury Chief Executive Stew Hamilton says power companies have a commitment to renewables.
He told Mike Hosking Mercury has invested a billion dollars into geothermal and wind power, but there needs to be a backup.
Hamilton says when the wind isn't blowing and the sun isn't shining, there needs to be a more solid source of energy.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.