electricity is a growth industry
Printable View
It may ... or it may not.
I think at this stage the jury is still out whether the increase of electrical vehicles (more electrical power required) will be larger than the impact of decentralised generation (less power purchased from gentailers) and the potential loss of some quite unsustainable industries (aluminium smelting) ...
fair points but until solar for retail peoples becomes worth it wont happen , smelter always a risk of closing but if they did would just mean no new power stations needed which would be good for power company divs. the slack would probably be taken up by immigration growth over time
IFT were predicting increase of compounding 2-4?%/year due to economic growth.It has been flattish for last few years but does this mean there will be pent up demand coming on?
It is going to be an essential service either way.
https://www.transpower.co.nz/system-...tricity-demand
Well, yes - at the moment neither electrical vehicles nor decentralised power supplies (solar or other alternatives) are really economical. However - I'd expect that both will have their break even at the same time, because they are both dependent on cheap and safe high capacity battery storage ...
And immigration growth? Labour governments in the past have been great in turning net immigration negative. They are driving more people away than they attract. I have no reason to doubt that they will do this this time as well.
When are the new shares added? Applied online but not had any confirmation yet, other than the initial email response
blackpeter probably just annoyed never brought any , by the continued bearish commentary on the stock