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Latest fromMercury Energy
Dry weather lowers Mercury NZ's earnings forecast by $60m
Mercury's earnings will be affected by dry weather this financial year.
Record low lake levels push regulator to strengthen power supply rules
The move has been made to ensure consumers have reliable power in the colder months.
Erosion found on both sides of Waikato River control gates
The banks on either side of the Lake Taupō bridge need stabilising.
Mercury, Winstone Pulp in war of words over power price claims
Mercury has contested forest products company Winstone's claims about high power prices.
Lake Taupō shrinks away as dry winter takes its toll
The lake is more than one metre lower than it was at the beginning of the year.
Minister warns Electricity Authority will be ‘roadkill’ if energy prices not addressed
Shane Jones says it must use its powers to rein in energy generation companies' profits.
Poor hydro levels weigh on Mercury’s 2025 earnings outlook
Power company Mercury NZ says pressure on the electricity system will remain.
Earnings preview: NZ's big four power companies set to reveal all
Hydro lake levels and gas supply will feature in upcoming power company results.
Power problems: How high electricity prices hurt generation companies
Earnings could be impacted - and relief might be a while away.
'Unclear, unkind and unreasonable': Scrap disconnection fees for power debt says lobby group
Petition against hefty fees to be presented to Electricity Authority this week.
Stock Takes: A new era for power utilities? And sharemarket winners and losers in Q2
Power generation goes from 'nothing-to-see here' to having quite a few moving parts.
New Waikato River bridge for Taupō brought forward
Detailed planning for a second Waikato River bridge in Taupō to get under way soon.
Jarden’s Bill Trotter steps aside, another Whineray steps in
Jarden now has both Whineray brothers in its ranks.
Mercury's Hawksworth to step down
Mercury's chief executive Vince Hawksworth to retire, with Stew Hamilton taking over.
Mercury to expand Southland wind farm after smelter deal
The stage-two expansion will add 36 turbines and generate 155 megawatts (MW).
S&P welcomes NZ power deal
The ratings agency says the 20-year power deal for Tiwai is a boon for generators.
How Tīwai Point aluminium smelter just became NZ’s biggest battery
After years of uncertainty, the Tīwai Point aluminium smelter's future has been assured.
‘Fantastic’: New deal extends Tiwai Point aluminium smelter's life by 20 years
Hundreds of jobs at massive plant secured under breakthrough deal.
Revealed: The most complained-about telco
Free, independent dispute service says there are still too many complaints.
Mercury avoids $1.5m in fines after ‘steam hammer’ event
Mercury has committed to improving worker safety after an incident at Rotokawa.
Higher power bills coming: Mercury increases prices, first-half profit falls
Mercury has warned of higher prices as it faces higher costs.
After the rains: A return to normal for power company profits
The power sector is likely to report slightly reduced earnings for the December half year.
Mercury leads NZ sharemarket up as Aucklanders take a break
Trading was quiet as Aucklanders relaxed on their anniversary holiday.
Market close: Shares dip as interest rate cut question weighs on investors
Transport stocks were also under pressure after Maersk said it’s avoiding the Red Sea.
Market close: NZ sharemarket ends roller coaster year
The 'damp end' to the year is not just outside, but in the sharemarket too.
Brokers Picks: Wipeout - local stock picking hard going in a year of high interest rates
It was a tough year for local stock pickers as the NZX50 struggled to stay above water.
Contact Energy wins Sustainability Leadership Award at Deloitte Top 200
Contact has a long-standing commitment to sustainability.