MCY Mercury NZ ( MRP Mighty River Power)

[horus1]

I was charged over 30c/kwhr by a retailer owned by a generator. I switched to fickelectric and my bill has been reduced by 15% over 3 months. that is why share prices are reducing. The problem with the Nz electricity market is that there is not enough competition in the generation side and generation and retailing were not separated when the market was set up.Tiwai only has to shut one potline to create problems,and no board will commit to new generation as long as Tiwai is on short term contracts .

[xafalcon]

I was charged over 30c/kwhr by a retailer owned by a generator. I switched to fickelectric and my bill has been reduced by 15% over 3 months. that is why share prices are reducing. The problem with the Nz electricity market is that there is not enough competition in the generation side and generation and retailing were not separated when the market was set up.Tiwai only has to shut one potline to create problems,and no board will commit to new generation as long as Tiwai is on short term contracts .

I am with a gentailer and my average unit price (controlled & uncontrolled, volume weighted) is just over $0.23/unit incl GST. For the convenience this brings to my life, I find it exceptional value for money

There are a half dozen generators and over 20 retailers. That is plenty of competition. They all want your business, and their switching incentives demonstrate this

Look to the local lines companies for high charges - no competition there. Watch out for comcom to act on this, sometime. This would bring power costs down (but your annual rebate would also disappear)

Shutting one pot line would not create a problem, it would resolve a problem - what generation to build in the next 3 years.

[axe]

Aside from the question of the clean-up and whether RIO would contemplate the expense, how attractive would a heavy industrial site in Bluff be to a potential purchaser? After all, the smelter's only there because of its relative proximity to Manapouri and its subsidised electricity - and the port, of course. Who might be interested in that site, without subsidised power!

http://www.google.co.nz/about/datacenters/ One of these might go nicely if RIO moves out.
The data centres consume 100% renewable to keep google happy and access to water for cooling is a plus.
Also SIT can train the engineers.



Here is an example of the potential.

http://techcrunch.com/2015/06/24/goo...nt-in-alabama/

[Zaphod]

http://www.google.co.nz/about/datacenters/ One of these might go nicely if RIO moves out.
The data centres consume 100% renewable to keep google happy and access to water for cooling is a plus.
Also SIT can train the engineers.

Some very good lateral thinking there! Latency and a lack of international back-haul could be a stumbling block, as will the blinkered centric Auckland & Hamilton data centre approach other firms have been taking of late. None of which couldn't be overcome.

[Harvey Specter]

http://www.google.co.nz/about/datacenters/ One of these might go nicely if RIO moves out.
The data centres consume 100% renewable to keep google happy and access to water for cooling is a plus.
Also SIT can train the engineers.



Here is an example of the potential.

http://techcrunch.com/2015/06/24/goo...nt-in-alabama/

http://www.nytimes.com/2011/09/09/te...city.html?_r=0

My maths say Google globally doesn't use as much electricity as Tewai.

[trader_jackson]

What was up with today's trading??
Looked like it was in for a good day, and well deserved increase, only to drop below IPO price in the final minutes... any explanations?Capture.JPG

[mouse]

What was up with today's trading??
Looked like it was in for a good day, and well deserved increase, only to drop below IPO price in the final minutes... any explanations?Capture.JPG

Aaaarrrgggh. Below issue price!!!!!!!! Is it going lower, or is this the limit? To sell, hold, or buy more?????????
I have no clue, no advice. But I did make a bit on MRP.

[IAK]

Crikey, I'd hate to know what would have happened to the sp if Tiwai aluminium smelter had closed down.
Disc. Holding for the divs.

[limmy]

Yes, still paying good dividends.

[trader_jackson]

Forsyth have put another positive report out on MRP, retain $2.85 price target, with improved profit outlook (EBITDAF up 0.8% to $502m) as a result of strong North Island hydro generation, creating a good start to the year...