Mike Roan: Meridian CEO on the Government's measures to tackle issues in the energy sector

The Government's opted against a significant energy shake-up -- rejecting calls to re-nationalise or split up the big gentailers.   Instead, it'll offer the Crown-controlled companies more capital to invest in generation projects.  It will also establish a Liquified Natural Gas import facility, give the Electricity Authority greater power, and speed up consenting renewable energy projects.  Meridian is supportive of the announcement, calling it bold.  CEO Mike Roan told Kerre Woodham the affordability of electricity is a challenge that’s mitigated by the investments made into new generation.  He says the Government is trying to bolster those investments to bring stability and certainty back to the market.   LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.