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Contact delays Port Waikato windfarm

posted Apr 2, 2012, 2:24 PM by ema-1 ema-1   [ updated Apr 2, 2012, 2:25 PM ]
"Spokeswoman Janet Carson said electricity demand had dampened over the past three years and the outlook for wind development was not economic"

"We are closely monitoring the external drivers that influence HMR's economics so that we can proceed with the project when the economic outlook is more favourable."

"New Zealand Wind Energy Association chief executive Eric Pyle, who will speak on the future of wind energy, said the slowdown in demand, linked to economic growth, was expected to bounce back. "In the next few years we're assuming electricity demand will pick up and, when it does, we expect it to be at the head of the queue.""


Full story: http://www.stuff.co.nz/business/industries/6682364/Wind-taken-from-Waikato-power-plants-sails
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