How often did NZ political parties agree on bills in the last parliament?

Compare party bill voting from the last parliament.

Mentions of Meridian Energy in New Zealand Parliament debates

Meridian Energy has been mentioned in 136 parliamentary debates since November 2005.

Estimates Debate - In Committee

In Committee 9 Aug 2011

Hon HEKIA PARATA ... has ensured that there is better competition in the South Island by transferring Tekapō A and Tekapō B from Meridian to Genesis Energy. On the demand side, many members will have observed and, I hope, participated in the What’s My ...

Supplementary Estimates - Imprest Supply Debate

Imprest Supply Debate 21 Jun 2011

Dr RUSSEL NORMAN ... can form the hub of a network of clean-technology joint ventures. Some of them have already started—for example, Meridian owns 93 percent of Whisper Tech, but we can do so much more. Supercharged energy companies can launch our green ...

General Debate 15 Jun 2011

Dr JACKIE BLUE ... energy companies and reduce the Government’s majority share in Air New Zealand. We plan to offer investors shares in Meridian Energy, Mighty River Power, Genesis, Solid Energy, and Air New Zealand. This will free up between $5 billion and $7 billion ...
... energy companies and reduce the Government’s majority share in Air New Zealand. We plan to offer investors shares in Meridian Energy, Mighty River Power, Genesis, Solid Energy, and Air New Zealand. This will free up between $5 billion and $7 ...

Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee

In Committee 14 Jun 2011

Meridian Energy
Meridian Energy

Hon DAVID PARKER Meridian Energy is, of course, one of the three Government-owned electricity generation companies that the Government says it will, if ...
Meridian Energy is, of course, one of the three Government-owned electricity generation companies that the Government says it ...

Hon DAVID PARKER ... The financial review report from the Commerce Committee shows that in the year under review the net profit of Meridian was $184 million. It paid two dividends: one of $89 million followed by a final dividend of $68 million—a total of ...

Hon TONY RYALL On reading the financial review of Meridian Energy, it is most interesting to note the focus of the report. The Commerce Committee noted Meridian Energy’s growing wind ...
On reading the financial review of Meridian Energy, it is most interesting to note the focus of the report. The Commerce Committee noted Meridian Energy’s ...

Hon DAVID PARKER ... in practice. The review of Mighty River Power takes us to the same conclusion as the conclusion we got from Meridian Energy: it is a nonsense if we sell off these companies. They are well run, and they are profitable at the moment. The ...
... in practice. The review of Mighty River Power takes us to the same conclusion as the conclusion we got from Meridian Energy: it is a nonsense if we sell off these companies. They are well run, and they are profitable at the moment. ...

Budget Debate 9 Jun 2011

CHARLES CHAUVEL ... last night, interrupting the debate, I was talking about the proposal in the Budget to privatise the power companies Meridian Energy, Genesis Power, and Mighty River Power, and also to sell the stake in Air New Zealand. I was setting out why Labour ...
... last night, interrupting the debate, I was talking about the proposal in the Budget to privatise the power companies Meridian Energy, Genesis Power, and Mighty River Power, and also to sell the stake in Air New Zealand. I was setting out why ...

Budget Debate 8 Jun 2011

CHARLES CHAUVEL ... about a key aspect of the Budget that concerns me the most. It is the proposal to sell off stakes in Air New Zealand, Meridian Energy, Genesis Energy, Mighty River Power, and Solid Energy.
... about a key aspect of the Budget that concerns me the most. It is the proposal to sell off stakes in Air New Zealand, Meridian Energy, Genesis Energy, Mighty River Power, and Solid Energy.

CHARLES CHAUVEL ... is followed. Why is it a short-sighted policy? For some time before I came into Parliament I was the deputy chair of Meridian Energy, which is the biggest of the State-owned power companies.
... is followed. Why is it a short-sighted policy? For some time before I came into Parliament I was the deputy chair of Meridian Energy, which is the biggest of the State-owned power companies.

CHARLES CHAUVEL Of course, that Minister has never made a political appointment in his life! Meridian Energy is currently valued at $6.3 billion. It is the biggest of the State-owned power companies. If it goes, along with the ...
Of course, that Minister has never made a political appointment in his life! Meridian Energy is currently valued at $6.3 billion. It is the biggest of the State-owned power companies. If it goes, along ...

Budget Debate 7 Jun 2011

BRENDON BURNS ... and for Labour is the assertion that the Government wants to go down the track of selling 49 percent of State assets Meridian Energy, Genesis Energy, Mighty River Power, Solid Energy, and Air New Zealand. I put on record my opposition to those sales, ...
... and for Labour is the assertion that the Government wants to go down the track of selling 49 percent of State assets Meridian Energy, Genesis Energy, Mighty River Power, Solid Energy, and Air New Zealand. I put on record my opposition to those ...

Taxation (Annual Rates and Budget Measures) Bill

In Committee 20 May 2011

BRENDON BURNS ... It is there in black and white. If members think it is bad enough putting into hock State-owned enterprises like Meridian Energy, Might River Power, and Genesis, they will see nothing in comparison, in terms of public revolt, if the Government ...
... It is there in black and white. If members think it is bad enough putting into hock State-owned enterprises like Meridian Energy, Might River Power, and Genesis, they will see nothing in comparison, in terms of public revolt, if the ...

Third Reading 20 May 2011

Hon DAVID CUNLIFFE ... model, which makes people pay twice for things they already own. Every New Zealander owns Mighty River Power, Meridian Energy, Genesis Energy, and 80 percent of Air New Zealand. New Zealanders own them already. They do not need to buy them twice,...
... model, which makes people pay twice for things they already own. Every New Zealander owns Mighty River Power, Meridian Energy, Genesis Energy, and 80 percent of Air New Zealand. New Zealanders own them already. They do not need to buy ...

BRENDON BURNS ... for the sell-down of half of some of the major assets currently held by the Crown. We look at Mighty River Power, Meridian Energy, Genesis, Solid Energy, and Air New Zealand as being the principal assets that we hold, and we say it is absolutely ...
... for the sell-down of half of some of the major assets currently held by the Crown. We look at Mighty River Power, Meridian Energy, Genesis, Solid Energy, and Air New Zealand as being the principal assets that we hold, and we say it is ...

Budget Statement - Budget Debate

Budget Debate 19 May 2011

Hon BILL ENGLISH ... therefore intends to apply the Mixed Ownership Model to Mighty River Power, Genesis Energy, Solid Energy and Meridian Energy, along with reducing its shareholding in Air New Zealand, starting in 2012.

In all ...
... therefore intends to apply the Mixed Ownership Model to Mighty River Power, Genesis Energy, Solid Energy and Meridian Energy, along with reducing its shareholding in Air New Zealand, starting in 2012.

I...

General Debate 4 May 2011

Hon NANAIA MAHUTA ... and say why selling State assets is not a long-term solution that will help them. The Government wants to sell Meridian Energy, Mighty River Power, Genesis Power, Solid Energy—
... and say why selling State assets is not a long-term solution that will help them. The Government wants to sell Meridian Energy, Mighty River Power, Genesis Power, Solid Energy—

Debate on Prime Minister’s Statement 10 Feb 2011

PHIL TWYFORD ... and profitable State-owned enterprises is a scam on the people of New Zealand. It is a fraud; we already own Meridian Energy, Solid Energy, Genesis, and Mighty River Power. Let us look at what Mr Key said in his Prime Minister’s speech to ...
... and profitable State-owned enterprises is a scam on the people of New Zealand. It is a fraud; we already own Meridian Energy, Solid Energy, Genesis, and Mighty River Power. Let us look at what Mr Key said in his Prime Minister’s ...

Debate on Prime Minister’s Statement 8 Feb 2011

Rt Hon JOHN KEY ... year we will be finalising our policy on mixed-ownership models whereby we will be looking to control 51 percent of Meridian Energy, Mighty River Power, Genesis, and Solid Energy. Let us understand the tests in those models. The first test is that ...
... year we will be finalising our policy on mixed-ownership models whereby we will be looking to control 51 percent of Meridian Energy, Mighty River Power, Genesis, and Solid Energy. Let us understand the tests in those models. The first test ...

KEVIN HAGUE ... to delivering new forms of possum control. National has failed to move decisively to protect the Mōkihinui River from Meridian Energy’s proposed 85-metre high dam. National has allowed commercial eeling of the endangered long-finned eel, a species that ...
... to delivering new forms of possum control. National has failed to move decisively to protect the Mōkihinui River from Meridian Energy’s proposed 85-metre high dam. National has allowed commercial eeling of the endangered long-finned eel, a ...

CHRIS AUCHINVOLE ... delighted when I heard the Prime Minister say he was looking at a proposal for a partial sell-down in Solid Energy, Meridian Energy, Genesis, and Mighty River Power. Mixed ownership, a partial sell-down, and a guaranteed 51 percent Government ...
... delighted when I heard the Prime Minister say he was looking at a proposal for a partial sell-down in Solid Energy, Meridian Energy, Genesis, and Mighty River Power. Mixed ownership, a partial sell-down, and a guaranteed 51 percent Government ...

Revenue

Tax System Changes and GST Increase—Effect on New Zealanders 13 Oct 2010

Hon Jim Anderton Is the Government concerned to learn that the State-owned energy company Meridian has chosen to impose 15 percent GST on the power it supplied to its Christchurch customers during September, one of ...

Hon Jim Anderton ... his ministerial colleagues of State-owned enterprises and finance the question as to why a State-owned enterprise, Meridian, chose not to do the same thing and instead charged people 15 percent GST for services rendered in September?

Hon Jim Anderton I seek leave to table an invoice from Meridian that shows it charged 15 percent GST for electricity delivered in September.

Financial Markets (Regulators and KiwiSaver) Bill, Auditor Regulation and External Reporting Bill - First Reading

First Reading 23 Sep 2010

Hon DAVID PARKER ... document prepared by Treasury under Max Bradford’s National Government. But what happened was that Contact Energy, Meridian Energy, and the other companies could never agree on any upgrades, so none were done. By the end of the 1990s transmission ...
... document prepared by Treasury under Max Bradford’s National Government. But what happened was that Contact Energy, Meridian Energy, and the other companies could never agree on any upgrades, so none were done. By the end of the 1990s ...

General Debate 15 Sep 2010

KEVIN HAGUE ...servation: “How does the Minister think New Zealanders will feel to learn during Conservation Week that our own company Meridian Energy may flood 300 hectares of pristine conservation land, putting at risk more than 20 threatened species, when there is a ...
...servation: “How does the Minister think New Zealanders will feel to learn during Conservation Week that our own company Meridian Energy may flood 300 hectares of pristine conservation land, putting at risk more than 20 threatened species, when ...

Consumer Affairs

Consumer Affairs, Minister—Statement 26 Aug 2010

Charles Chauvel ... make it “easier for businesses and consumers to deal confidently in a fair market place”, when our largest generator, Meridian Energy, would not say yesterday how much prices would rise by when the freeze ends in October, and when energy consultant ...
... make it “easier for businesses and consumers to deal confidently in a fair market place”, when our largest generator, Meridian Energy, would not say yesterday how much prices would rise by when the freeze ends in October, and when energy ...

Estimates Debate - In Committee

In Committee 27 Jul 2010

Hon NANAIA MAHUTA ... In December 2008 Genesis increased prices by up to 9 percent, and John Key said he was disappointed. In February 2009 Meridian Energy increased power prices by 6.5 percent for 180,000 of its customers. The Minister said that this was very, very ...
... In December 2008 Genesis increased prices by up to 9 percent, and John Key said he was disappointed. In February 2009 Meridian Energy increased power prices by 6.5 percent for 180,000 of its customers. The Minister said that this was very, very ...

KEVIN HAGUE ... impact. The Hydro Developments scheme is being opposed in the Environment Court by two State-owned enterprises, Meridian Energy and Solid Energy. Both of those companies seem to have pretty spurious reasons for opposing the scheme, and I am ...
... impact. The Hydro Developments scheme is being opposed in the Environment Court by two State-owned enterprises, Meridian Energy and Solid Energy. Both of those companies seem to have pretty spurious reasons for opposing the scheme, and I ...

Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee

In Committee 29 Jun 2010

Hon CLAYTON COSGROVE ... problem with that argument—and mum and dad Kiwis all around are not silly—is that they already own Genesis Power, Meridian Energy, and others such as Kiwibank, Solid Energy, and the like. Kiwis already own those and they have already paid for them. ...
... problem with that argument—and mum and dad Kiwis all around are not silly—is that they already own Genesis Power, Meridian Energy, and others such as Kiwibank, Solid Energy, and the like. Kiwis already own those and they have already paid ...

Meridian Energy Ltd
Meridian Energy Ltd

Hon DAVID CUNLIFFE Meridian Energy is one of the three State-owned power generators and is subject to some very similar issues to those debated in the ...
Meridian Energy is one of the three State-owned power generators and is subject to some very similar issues to those debated ...

Hon DAVID CUNLIFFE ... be sold. It is not in New Zealand’s interests to sell Kiwibank, just as it is not in New Zealand’s interest to sell Meridian Energy, Genesis, or Mighty River Power, because those are crucial, strategic, monopoly assets in New Zealand. It is a sham ...
... be sold. It is not in New Zealand’s interests to sell Kiwibank, just as it is not in New Zealand’s interest to sell Meridian Energy, Genesis, or Mighty River Power, because those are crucial, strategic, monopoly assets in New Zealand. It is a ...

Hon SIMON POWER ... financial year they paid about $647.6 million in dividends, which included a $150 million special dividend from both Meridian and Mighty River Power. The responsibility of shareholding Ministers is to ensure that this investment, the $25 ...

CHRIS AUCHINVOLE I will speak on Meridian Energy. Meridian is a very high performing State-owned enterprise. I have always been impressed with the people I have dealt ...
I will speak on Meridian Energy. Meridian is a very high performing State-owned enterprise. I have always been impressed with the people I ...

CHRIS AUCHINVOLE Because I work with them. Meridian takes its responsibilities to New Zealand and to the environment very seriously. It owns, operates, and generates ...

CHRIS AUCHINVOLE It is in my handwriting. Meridian’s approach to long-term development is that it is committed to meeting its share of the growing electricity demands ...

Hon TREVOR MALLARD ... in the future. But even if people do not like that example, or do not want to take that approach, there are within Meridian, for example, three or four areas where a subsidiary is currently generating electricity within boilers. It is a ...

Chris Auchinvole Back to Meridian!

Hon TREVOR MALLARD Back to Meridian. It is fair to say that Meridian is a well-performing State-owned enterprise. It would certainly not be for sale ...

LOUISE UPSTON ... and a successful one at that. I start by coming back to a point that the Hon Trevor Mallard made in his address on Meridian Energy. He talked about the fact that power generation is a particularly complex issue. He conceded that in the 9 years of ...
... and a successful one at that. I start by coming back to a point that the Hon Trevor Mallard made in his address on Meridian Energy. He talked about the fact that power generation is a particularly complex issue. He conceded that in the 9 ...

TODD McCLAY ... over $647 million in dividends in the 2009 financial year, which included $150 million in special dividends from both Meridian Energy and Mighty River Power. The responsibility of stakeholder Ministers is to ensure that this investment delivers an ...
... over $647 million in dividends in the 2009 financial year, which included $150 million in special dividends from both Meridian Energy and Mighty River Power. The responsibility of stakeholder Ministers is to ensure that this investment delivers ...

JOHN BOSCAWEN ... year. I say that because I believe that Government-owned electricity generators Mighty River Power, Genesis, and Meridian Energy will make more money than they have ever made before. In 2 days’ time we will have the emissions trading scheme, which ...
... year. I say that because I believe that Government-owned electricity generators Mighty River Power, Genesis, and Meridian Energy will make more money than they have ever made before. In 2 days’ time we will have the emissions trading scheme,...

Electricity (Renewable Preference) Amendment Bill 2010

First Reading 16 Jun 2010

Hon NATHAN GUY ... to make a comment about the wind generation projects that are currently under way. I am sure the member is aware that Meridian Energy’s Project West Wind out in the hills behind Wellington will generate 143 megawatts when it is online. There is also ...
... to make a comment about the wind generation projects that are currently under way. I am sure the member is aware that Meridian Energy’s Project West Wind out in the hills behind Wellington will generate 143 megawatts when it is online. There is ...

CHARLES CHAUVEL ... capacity, which are clearly concepts that the Minister is not familiar with. I was proud to have been a director at Meridian Energy when that company made a decision to go 100-percent renewable, and when it made a commitment to build the Te Āpiti ...
... capacity, which are clearly concepts that the Minister is not familiar with. I was proud to have been a director at Meridian Energy when that company made a decision to go 100-percent renewable, and when it made a commitment to build the Te Āpi...

JONATHAN YOUNG ... in our area of Taranaki. It is notable also, and I think the Hon Nathan Guy mentioned it, that in this last year Meridian Energy’s Project West Wind in Mākara of 143 megawatts has come on line, as well as Mighty River Power’s 130 megawatt Ngā Awa ...
... in our area of Taranaki. It is notable also, and I think the Hon Nathan Guy mentioned it, that in this last year Meridian Energy’s Project West Wind in Mākara of 143 megawatts has come on line, as well as Mighty River Power’s 130 megawatt ...

Budget Debate 15 Jun 2010

JOHN BOSCAWEN ... he quoted the fact that the windfall profits to the Government, in terms of its ownership of Mighty River Power and Meridian Energy, would be over a billion dollars. Dr Smith has said, up and down the country and on television, that 29 of the 38 ...
... he quoted the fact that the windfall profits to the Government, in terms of its ownership of Mighty River Power and Meridian Energy, would be over a billion dollars. Dr Smith has said, up and down the country and on television, that 29 of ...

Budget Statement - Budget Debate

Budget Debate 20 May 2010

Dr RUSSEL NORMAN ... justify a “For Sale” sign over our State-owned assets, such as Air New Zealand, Television New Zealand, Solid Energy, Meridian Energy, Genesis, New Zealand Post, and the Accident Compensation Corporation. John Key blames tax loopholes for his ...
... justify a “For Sale” sign over our State-owned assets, such as Air New Zealand, Television New Zealand, Solid Energy, Meridian Energy, Genesis, New Zealand Post, and the Accident Compensation Corporation. John Key blames tax loopholes for his ...

Smart Meters (Consumer Choice) Bill

First Reading 5 May 2010

AARON GILMORE ... yet come. I will touch on that. People have a lot of confusion about what a smart meter is. Recently in Canterbury, Meridian Energy has been rolling out what are called by the Parliamentary Commissioner for the Environment “almost smart meters”. Some ...
... yet come. I will touch on that. People have a lot of confusion about what a smart meter is. Recently in Canterbury, Meridian Energy has been rolling out what are called by the Parliamentary Commissioner for the Environment “almost smart meters”...

CHARLES CHAUVEL ... at the moment, as the previous speaker observed. There is no requirement at the moment for the smart meters that Meridian Energy and others are installing to have any home area network functionality. There is an excellent report on this issue from ...
... at the moment, as the previous speaker observed. There is no requirement at the moment for the smart meters that Meridian Energy and others are installing to have any home area network functionality. There is an excellent report on this ...

CLARE CURRAN ... Last year a stream of State-owned electricity companies came before the committee for their financial reviews: Meridian Energy, Genesis, Mighty River Power, Transpower, and the Electricity Commission. I asked every one of them the same question, ...
... Last year a stream of State-owned electricity companies came before the committee for their financial reviews: Meridian Energy, Genesis, Mighty River Power, Transpower, and the Electricity Commission. I asked every one of them the same ...

General Debate 21 Apr 2010

KEVIN HAGUE ... electricity. It is a worthy goal, but the consents have been appealed, most notably by two State-owned enterprises, Meridian Energy and Solid Energy. In both cases the grounds of the appeals look spuriously weak. Understandably, members of the public ...
... electricity. It is a worthy goal, but the consents have been appealed, most notably by two State-owned enterprises, Meridian Energy and Solid Energy. In both cases the grounds of the appeals look spuriously weak. Understandably, members of ...

Environment Canterbury (Temporary Commissioners and Improved Water Management) Bill

Third Reading 31 Mar 2010

Hon LIANNE DALZIEL ... Employers Chamber of Commerce—“Federated Farmers, Malvern Hills Protection Society, Irrigation New Zealand, Meridian Energy Ltd, Robert Johnston, Selwyn District Council, Red Bus Company, Staff representatives of Te Rūnanga o Ngāi Tahu, A ...
... Employers Chamber of Commerce—“Federated Farmers, Malvern Hills Protection Society, Irrigation New Zealand, Meridian Energy Ltd, Robert Johnston, Selwyn District Council, Red Bus Company, Staff representatives of Te Rūnanga o Ngāi Tahu,...

JOHN BOSCAWEN ... prices are forecast to go up, the companies that generate electricity with water—and in particular I am referring to Meridian Energy and the dams it has in the South Island—by virtue of the way that the electricity market works, will be able to push ...
... prices are forecast to go up, the companies that generate electricity with water—and in particular I am referring to Meridian Energy and the dams it has in the South Island—by virtue of the way that the electricity market works, will be able ...

Mr DEPUTY SPEAKER ... that this is a debate about what is happening with regard to Environment Canterbury, and it is not a debate about Meridian, electricity price increases, or whatever might be affected from 1 July. I ask the member, who has 40 seconds ...

In Committee 31 Mar 2010

JOHN BOSCAWEN ... energy. From 1 July this year the emissions trading scheme comes into force. That will create windfall profits for Meridian Energy and a number of other generators. It will create windfall profits, and the value of the water that flows through the ...
... energy. From 1 July this year the emissions trading scheme comes into force. That will create windfall profits for Meridian Energy and a number of other generators. It will create windfall profits, and the value of the water that flows ...

Brendon Burns I raise a point of order, Mr Chairperson. I am struggling to connect the relevance of the issues of the Waitaki and Meridian Energy’s power price rise or profit announcement to the short title of this bill.
I raise a point of order, Mr Chairperson. I am struggling to connect the relevance of the issues of the Waitaki and Meridian Energy’s power price rise or profit announcement to the short title of this bill.

JOHN BOSCAWEN ... produce power from coal and gas. They will have to pay an emissions trading scheme tax. As a consequence of that, Meridian Energy will also get the benefit of that extra 5 percent increase without paying the tax, and it will have windfall profits. ...
... produce power from coal and gas. They will have to pay an emissions trading scheme tax. As a consequence of that, Meridian Energy will also get the benefit of that extra 5 percent increase without paying the tax, and it will have windfall ...

Second Reading 30 Mar 2010

JOHN BOSCAWEN ... emissions trading scheme will be a massive tax on the people of New Zealand. It will generate windfall profits to Meridian Energy, and it will significantly increase the value of that water. The increase in the value of the water in the Canterbury ...
... emissions trading scheme will be a massive tax on the people of New Zealand. It will generate windfall profits to Meridian Energy, and it will significantly increase the value of that water. The increase in the value of the water in the ...

Electricity Industry Bill

Third Reading 23 Sep 2010

Hon JOHN CARTER ... owned enterprises to compete nationwide. This is being done by transferring the Tekapō A and Tekapō B stations from Meridian Energy to Genesis Power, and through virtual asset swaps between three State-owned enterprises via long-term hedge contracts. ...
... owned enterprises to compete nationwide. This is being done by transferring the Tekapō A and Tekapō B stations from Meridian Energy to Genesis Power, and through virtual asset swaps between three State-owned enterprises via long-term hedge ...

Hon NANAIA MAHUTA ... was no evidence of its benefits. The Minister of Energy and Resources claims that he has received no concerns from Meridian Energy over the asset reconfiguration. But a letter was sent from the chair of Meridian Energy, Wayne Boyd, in December last ...
... was no evidence of its benefits. The Minister of Energy and Resources claims that he has received no concerns from Meridian Energy over the asset reconfiguration. But a letter was sent from the chair of Meridian Energy, Wayne Boyd, in ...

CHRIS HIPKINS ... to do here. Let us be clear what this bill is all about. Firstly, it is about making the State-owned enterprises Meridian Energy and Genesis Energy more attractive for privatisation. The rearrangement of the assets is all about making them more ...
... to do here. Let us be clear what this bill is all about. Firstly, it is about making the State-owned enterprises Meridian Energy and Genesis Energy more attractive for privatisation. The rearrangement of the assets is all about making them ...

Dr KENNEDY GRAHAM ... lines businesses back into retailing, and it will reconfigure some of the assets of the three State-owned enterprises—Meridian Energy, Mighty River Power, and Genesis—amongst themselves. The Finance and Expenditure Committee heard 91 submissions. ...
... lines businesses back into retailing, and it will reconfigure some of the assets of the three State-owned enterprises—Meridian Energy, Mighty River Power, and Genesis—amongst themselves. The Finance and Expenditure Committee heard 91 ...

In Committee 21 Sep 2010

CHRIS HIPKINS ... daily or a weekly basis. It is not realistic. In fact, it is realistic only if we move to the type of model set up by Meridian Energy’s subsidiary Powershop, where people engage in the market and buy electricity on a “pay as you go” basis. The ...
... daily or a weekly basis. It is not realistic. In fact, it is realistic only if we move to the type of model set up by Meridian Energy’s subsidiary Powershop, where people engage in the market and buy electricity on a “pay as you go” basis. The ...

CHRIS HIPKINS ... problem. At my house, which I moved into a year ago, the meter was installed by Genesis, but I have my power with Meridian Energy. Meridian Energy cannot access the technology in the smart meter that is in my house. It still sends somebody to my ...
... problem. At my house, which I moved into a year ago, the meter was installed by Genesis, but I have my power with Meridian Energy. Meridian Energy cannot access the technology in the smart meter that is in my house. It still sends somebody ...

Hon DAVID PARKER ... is about its desire to control power prices, because that is all it needed to do. It could have said to Genesis, or Meridian, or Mighty River Power, or all of them, exactly what the Labour Government had already said to Transpower, which was ...

CHRIS HIPKINS ... in the Whirinaki reserve energy power plant. This Government is doing away with that. It is giving the power plant to Meridian Energy, and that creates some other issues. Meridian has built its entire branding and its entire strategy on being 100 ...
... in the Whirinaki reserve energy power plant. This Government is doing away with that. It is giving the power plant to Meridian Energy, and that creates some other issues. Meridian has built its entire branding and its entire strategy on being ...

Hon DAVID PARKER Part 5 is the most ridiculous part of this bill. It forces one electricity company, namely Meridian Energy Ltd, to give up some of its power stations on the Waitaki River and transfer them to Genesis Power Ltd. That means ...
Part 5 is the most ridiculous part of this bill. It forces one electricity company, namely Meridian Energy Ltd, to give up some of its power stations on the Waitaki River and transfer them to Genesis Power Ltd. That ...

Hon DAVID PARKER ... uncompetitive that we have to contrive its improvement through the forced sale of assets in a nonsensical way, from Meridian Energy to Genesis, then we will ruin the Meridian brand, which is currently 100 percent renewables in respect of its own ...
... uncompetitive that we have to contrive its improvement through the forced sale of assets in a nonsensical way, from Meridian Energy to Genesis, then we will ruin the Meridian brand, which is currently 100 percent renewables in respect of its ...

RAHUI KATENE ... When the bill proposed to transfer ownership of both Tekapō A and Tekapō B power stations to Genesis Energy from Meridian Energy, Ngāi Tahu went on to high alert. Aoraki is the sacred mountain range and Waitaki is the ancestral river, and they are ...
... When the bill proposed to transfer ownership of both Tekapō A and Tekapō B power stations to Genesis Energy from Meridian Energy, Ngāi Tahu went on to high alert. Aoraki is the sacred mountain range and Waitaki is the ancestral river, and ...

CHRIS HIPKINS ... no evidence. There has been no evidence and no robust analysis to show that moving Tekapō A and Tekapō B out of the Meridian Energy - controlled Waitaki water catchment system and handing them over to Genesis will improve the situation. In fact, ...
... no evidence. There has been no evidence and no robust analysis to show that moving Tekapō A and Tekapō B out of the Meridian Energy - controlled Waitaki water catchment system and handing them over to Genesis will improve the situation. In ...

CHRIS HIPKINS ... is no justification for some of what they are doing. They know there is no justification for the asset swaps between Meridian Energy and Genesis Power. They have not had the commercial business case and analysis done to prove that it is worthwhile. ...
... is no justification for some of what they are doing. They know there is no justification for the asset swaps between Meridian Energy and Genesis Power. They have not had the commercial business case and analysis done to prove that it is ...

Second Reading 20 Jul 2010

Hon GERRY BROWNLEE ... the type of generation they own. The asset transfers include transferring Tekapō A and Tekapō B power stations from Meridian Energy to Genesis; transferring Whirinaki power station, currently owned by the Government for reserve purposes, to Meridian ...
... the type of generation they own. The asset transfers include transferring Tekapō A and Tekapō B power stations from Meridian Energy to Genesis; transferring Whirinaki power station, currently owned by the Government for reserve purposes, to ...

CHRIS HIPKINS ... We are not talking about toys here. We are not talking about minor things being switched around, such as saying: “Meridian have been allowed to play with the Waitaki for a little while so now we’ll give it to Genesis and let them have a ...

JOHN BOSCAWEN ... it provides for the transfer of the ownership of the Tekapō A and Tekapō B power stations on the Waitaki River from Meridian Energy to Genesis Power. Secondly, it provides for a swap market—or a virtual asset swap, if you like—to provide forward ...
... it provides for the transfer of the ownership of the Tekapō A and Tekapō B power stations on the Waitaki River from Meridian Energy to Genesis Power. Secondly, it provides for a swap market—or a virtual asset swap, if you like—to provide ...

AMY ADAMS ... we did to make sure that the mechanics of the assets swap, in terms of the transfer of Tekapō A and Tekapō B from Meridian Energy to Genesis Power, would work properly and ensure in particular that third-party users of the Waitaki River system ...
... we did to make sure that the mechanics of the assets swap, in terms of the transfer of Tekapō A and Tekapō B from Meridian Energy to Genesis Power, would work properly and ensure in particular that third-party users of the Waitaki River ...

BRENDON BURNS ... emerged during the consideration of the bill by the Finance and Expenditure Committee. We had the chief executive of Meridian Energy in front of us, and I asked Tim Lusk a question about whether Meridian Energy supported the asset swap that takes the ...
... emerged during the consideration of the bill by the Finance and Expenditure Committee. We had the chief executive of Meridian Energy in front of us, and I asked Tim Lusk a question about whether Meridian Energy supported the asset swap that ...

BRENDON BURNS ... say this legislation would lead to reduced power prices. It will not, according to Treasury’s advice, according to Meridian Energy, and according to other power operators, increase the security of supply, which is the second issue. I do not need an ...
... say this legislation would lead to reduced power prices. It will not, according to Treasury’s advice, according to Meridian Energy, and according to other power operators, increase the security of supply, which is the second issue. I do not ...

Hon DAVID PARKER ... extent it is offensive. But what is more offensive in this legislation is the asset swap that is being forced upon Meridian Energy. That is trying to pursue an improved market-competitive outcome at the expense of resource efficiency. If the market ...
... extent it is offensive. But what is more offensive in this legislation is the asset swap that is being forced upon Meridian Energy. That is trying to pursue an improved market-competitive outcome at the expense of resource efficiency. If the ...

First Reading 15 Dec 2009

Hon GERRY BROWNLEE ... reconfiguration of the three State-owned generator retailers. The Tekapo A and Tekapo B stations, currently owned by Meridian Energy, are proposed to be transferred to Genesis Power. This will improve the geographic balance of the State-owned ...
... reconfiguration of the three State-owned generator retailers. The Tekapo A and Tekapo B stations, currently owned by Meridian Energy, are proposed to be transferred to Genesis Power. This will improve the geographic balance of the State-owned ...

CHRIS HIPKINS ... up of the Waitaki hydro system could lead to a loss of water efficiency, so it is a short-term thing. Forcing Meridian Energy to take on Whirinaki could result in that station being hocked off to the private sector, as well. This is a bad ....
... up of the Waitaki hydro system could lead to a loss of water efficiency, so it is a short-term thing. Forcing Meridian Energy to take on Whirinaki could result in that station being hocked off to the private sector, as well. This is a ...

AMY ADAMS ... To complement that, the strategic asset swaps between the power companies will mean there is far less regional focus. Meridian, for example, will not have the monopoly it currently has in the South Island. I am a South Island power consumer, ...

Hon DAVID PARKER ... Transpower could invest in upgrades only if its customers agreed that the upgrade was necessary. It was a nonsense. Meridian Energy, Mighty River Power, Genesis, TrustPower, and Contact Energy would never agree. As a consequence, TrustPower never had ...
... Transpower could invest in upgrades only if its customers agreed that the upgrade was necessary. It was a nonsense. Meridian Energy, Mighty River Power, Genesis, TrustPower, and Contact Energy would never agree. As a consequence, TrustPower ...

JOHN BOSCAWEN ... Trustpower it represents a massive profit windfall. That is equally true for Contact Energy, Mighty River Power, and Meridian Energy. Meridian Energy and Mighty River Power are Government-owned, so one might justify this provision on the grounds that ...
... Trustpower it represents a massive profit windfall. That is equally true for Contact Energy, Mighty River Power, and Meridian Energy. Meridian Energy and Mighty River Power are Government-owned, so one might justify this provision on the ...

Hon LIANNE DALZIEL ... if I had never changed since Southpower stopped selling electricity in Christchurch. They said that I would be with Meridian Energy. Meridian Energy is my power company because I, like most New Zealanders, am the target of any sort of programme that ...
... if I had never changed since Southpower stopped selling electricity in Christchurch. They said that I would be with Meridian Energy. Meridian Energy is my power company because I, like most New Zealanders, am the target of any sort of ...

Energy and Resources

Hydro-electricity Dams, Waitaki River—Sale by Meridian Energy to Genesis Energy 6 Sep 2011

Hon DAVID PARKER Does she stand by the Government’s decision to require Meridian Energy to sell some of its hydro-electricity dams on the Waitaki River to Genesis Energy, and how have the proceeds of the ...
Does she stand by the Government’s decision to require Meridian Energy to sell some of its hydro-electricity dams on the Waitaki River to Genesis Energy, and how have the proceeds ...

Hon David Parker Could steps like the requirement to sell those assets from Meridian Energy to Genesis Energy have been taken if Meridian Energy and Genesis Energy had been in partial private ownership; if so, ...
Could steps like the requirement to sell those assets from Meridian Energy to Genesis Energy have been taken if Meridian Energy and Genesis Energy had been in partial private ownership; ...

Hon David Parker Is the Minister, then, now admitting that following the privatisation of shares in Meridian Energy and Genesis Energy, the Government’s ability to intervene in the market in order to get better prices is to be ...
Is the Minister, then, now admitting that following the privatisation of shares in Meridian Energy and Genesis Energy, the Government’s ability to intervene in the market in order to get better prices is to be ...

Power Prices—Measures to Address Excessive Increases 1 Jul 2010

Hon Dr NICK SMITH The Government is closely monitoring power price rises. We note that Meridian Energy, Genesis, and TrustPower have signalled no immediate price increase for consumers, and they collectively amount to ...
The Government is closely monitoring power price rises. We note that Meridian Energy, Genesis, and TrustPower have signalled no immediate price increase for consumers, and they collectively ...

Electricity—Number of Households Changing Suppliers, March 2010 6 May 2010

Hon GERRY BROWNLEE ... made by the expert advisory group. It has agreed to reallocate Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Power and to create virtual asset swaps amongst State-owned generators to facilitate a better market. The ...
... made by the expert advisory group. It has agreed to reallocate Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Power and to create virtual asset swaps amongst State-owned generators to facilitate a better ....

Power Prices—Reduction 25 Feb 2010

Hon GERRY BROWNLEE ... The key initiatives that will beef up competition include the transfer of Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; requiring all major electricity generators to put in place an accessible electricity hedge market; ...
... The key initiatives that will beef up competition include the transfer of Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; requiring all major electricity generators to put in place an accessible electricity hedge ...

Electricity Market—Performance 9 Dec 2009

Hon GERRY BROWNLEE ... The major changes that I have announced today include transferring the Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; Meridian Energy, Genesis Energy, and Mighty River Power undertaking long-term hedge contracts for ...
... The major changes that I have announced today include transferring the Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; Meridian Energy, Genesis Energy, and Mighty River Power undertaking long-term hedge ...

Climate Change Response (Moderated Emissions Trading) Amendment Bill

In Committee 25 Nov 2009

JOHN BOSCAWEN ... that some billions of dollars will be paid by ordinary New Zealanders. To whom? To the shareholders of Genesis and Meridian Energy, which is us, and to the shareholders of Contact Energy and TrustPower. So it is little wonder that there has been ...
... that some billions of dollars will be paid by ordinary New Zealanders. To whom? To the shareholders of Genesis and Meridian Energy, which is us, and to the shareholders of Contact Energy and TrustPower. So it is little wonder that there has ...

In Committee 25 Nov 2009

JOHN BOSCAWEN ... in the price of electricity is a windfall gain. In other words, Contact Energy, TrustPower, Mighty River Power, and Meridian Energy, which all own hydro stations, will be able to charge more for their electricity and it will not cost them any more to ...
... in the price of electricity is a windfall gain. In other words, Contact Energy, TrustPower, Mighty River Power, and Meridian Energy, which all own hydro stations, will be able to charge more for their electricity and it will not cost them any ...

In Committee 24 Nov 2009

JOHN BOSCAWEN ... about subsidies. Who are we subsidising? We are subsidising the owner of Genesis, we are subsidising the owner of Meridian Energy, we are subsidising the shareholders in TrustPower, and we are subsidising the shareholders in Contact Energy. From 1 ...
... about subsidies. Who are we subsidising? We are subsidising the owner of Genesis, we are subsidising the owner of Meridian Energy, we are subsidising the shareholders in TrustPower, and we are subsidising the shareholders in Contact Energy. ...

Third Readings 17 Nov 2009

CHARLES CHAUVEL ... bandwagon as the Minster intends to do. There is news about the Lake Hayes decision in the South Island, where Meridian Energy, which wants to build a big wind farm, was declined permission. That will obviously have a major effect on our forward ...
... bandwagon as the Minster intends to do. There is news about the Lake Hayes decision in the South Island, where Meridian Energy, which wants to build a big wind farm, was declined permission. That will obviously have a major effect on our ...

Settlement Systems, Futures, and Emissions Units Bill

Second Reading 28 Oct 2009

JOHN BOSCAWEN ... So TrustPower, which owns a suite of hydro dams and is a company in private ownership, along with Genesis and the Meridian Energy, which are both companies that are State-owned enterprises and also have a suite of hydro generation and renewable ...
... So TrustPower, which owns a suite of hydro dams and is a company in private ownership, along with Genesis and the Meridian Energy, which are both companies that are State-owned enterprises and also have a suite of hydro generation and ...

Infrastructure Bill

Second Reading 24 Mar 2010

JOHN BOSCAWEN ... in his inflation forecast less than 2 weeks ago. If that is not enough, Mr Richard Bentley, chief executive of Meridian Energy, said to the Finance and Expenditure Committee last Wednesday that Meridian Energy would certainly be adding the cost ...
... in his inflation forecast less than 2 weeks ago. If that is not enough, Mr Richard Bentley, chief executive of Meridian Energy, said to the Finance and Expenditure Committee last Wednesday that Meridian Energy would certainly be adding ...

First Reading 25 Aug 2009

Hon David Parker But they’ve got a contract with Meridian for years out.

Estimates Debate - In Committee

In Committee 5 Aug 2009

Hon CLAYTON COSGROVE ... money and higher dividend performance from State-owned enterprises, especially the energy State-owned enterprises, Meridian Energy had lifted its prices over a short period of time by about 16 percent. The Minister of Energy and Resources, the Hon ...
... money and higher dividend performance from State-owned enterprises, especially the energy State-owned enterprises, Meridian Energy had lifted its prices over a short period of time by about 16 percent. The Minister of Energy and Resources, ...

Hon CLAYTON COSGROVE ... it is demanding a greater dividend stream from a State-owned enterprise, which will force two actions, as it did at Meridian Energy: it upped the price, and now appears to be restructuring to shed over 100 staff in Christchurch alone. A business ...
... it is demanding a greater dividend stream from a State-owned enterprise, which will force two actions, as it did at Meridian Energy: it upped the price, and now appears to be restructuring to shed over 100 staff in Christchurch alone. A ...

Hon CLAYTON COSGROVE Well, Ms Goudie might yawn and make other anatomical noises, but as for the 100 people who are being bucketed out of Meridian Energy, the 400 people who got bucketed out of New Zealand Post, and the 90 who have been bucketed out of TVNZ, I do not ...
Well, Ms Goudie might yawn and make other anatomical noises, but as for the 100 people who are being bucketed out of Meridian Energy, the 400 people who got bucketed out of New Zealand Post, and the 90 who have been bucketed out of TVNZ, I do ...

Electricity (Renewable Preference) Repeal Bill

Second Reading 17 Dec 2008

JEANETTE FITZSIMONS ... to compete. That is what this bill is all about. No other generator wants to build fossil generators at the moment. Meridian has already positioned itself as a wholly renewable generator, is proud of it, and trades on that. People have ...

In Committee 17 Dec 2008

Hon DAVID PARKER ... also being planned for construction by a wide range of generators including Contact Energy, Mighty River Power, and Meridian Energy, which has the Mākara project currently under construction with the potential for close to 200 megawatts at that ...
... also being planned for construction by a wide range of generators including Contact Energy, Mighty River Power, and Meridian Energy, which has the Mākara project currently under construction with the potential for close to 200 megawatts at ...

Third Reading 17 Dec 2008

Hon Dr NICK SMITH ... challenges for renewable energies is getting resource consents. Let me give members an example from this very city. Meridian Energy applied for a consent to build a major wind farm here in Wellington, and it took over 2½ years to get consent for that ...
... challenges for renewable energies is getting resource consents. Let me give members an example from this very city. Meridian Energy applied for a consent to build a major wind farm here in Wellington, and it took over 2½ years to get consent ...

Reinstatement of Business 9 Dec 2008

Meridian Energy Limited
Meridian Energy Limited

Electricity Industry Reform Amendment Bill 2007

Second Reading 5 Sep 2008

PETER BROWN ... want to investigate the feasibility of amalgamating the three State-owned generators—that is, Mighty River Power, Meridian Energy, and Genesis Power. New Zealand First members want to give consideration to the feasibility of amalgamating those ....
... want to investigate the feasibility of amalgamating the three State-owned generators—that is, Mighty River Power, Meridian Energy, and Genesis Power. New Zealand First members want to give consideration to the feasibility of amalgamating ...

In Committee 5 Sep 2008

LINDSAY TISCH ... 13 megawatts; Contact Energy at Wairākei had 20 megawatts; Mighty River Power at Kawerau, in 2008, had 90 megawatts; Meridian Energy at Manapōuri, 2007, which is hydro, had 130 megawatts. With TrustPower, we have a wind one of 93 megawatts; Meridian ...
... 13 megawatts; Contact Energy at Wairākei had 20 megawatts; Mighty River Power at Kawerau, in 2008, had 90 megawatts; Meridian Energy at Manapōuri, 2007, which is hydro, had 130 megawatts. With TrustPower, we have a wind one of 93 megawatts; ...

Third Reading 5 Sep 2008

PETER BROWN ... earlier, there are people in New Zealand First who want us to look at amalgamating Genesis, Mighty River Power, and Meridian Energy into the old ECNZ, if for no other reason than that there would be only one head office and it need not be on the ...
... earlier, there are people in New Zealand First who want us to look at amalgamating Genesis, Mighty River Power, and Meridian Energy into the old ECNZ, if for no other reason than that there would be only one head office and it need not be on ...

Climate Change (Emissions Trading and Renewable Preference) Bill

In Committee 2 Sep 2008

SANDRA GOUDIE ... where possible, and the earlier retirement of old, dirty technology. It is worth noting that renewables generator Meridian Energy and the Parliamentary Commissioner for the Environment also rejected the moratorium. Perhaps the Minister should take ...
... where possible, and the earlier retirement of old, dirty technology. It is worth noting that renewables generator Meridian Energy and the Parliamentary Commissioner for the Environment also rejected the moratorium. Perhaps the Minister ...

JOHN HAYES ... generation, and earlier retirement of old, dirty technology. I think it is noteworthy that renewable generator Meridian Energy and the Parliamentary Commissioner for the Environment have rejected the Government’s concept of a moratorium. We in ...
... generation, and earlier retirement of old, dirty technology. I think it is noteworthy that renewable generator Meridian Energy and the Parliamentary Commissioner for the Environment have rejected the Government’s concept of a ....

Resource Management (Climate Protection) Amendment Bill

Second Reading 18 Jun 2008

JEANETTE FITZSIMONS ... of administering the system. But we had some interesting, very substantial submissions from others. For example, Meridian Energy put it to us that if it wants to build a renewable electricity station, using renewable energy, it has to fight ...
... of administering the system. But we had some interesting, very substantial submissions from others. For example, Meridian Energy put it to us that if it wants to build a renewable electricity station, using renewable energy, it has to ...

Commerce

Competition Law—Crown Companies 14 May 2008

Hon LIANNE DALZIEL ... behaviour. The Government’s decision will see State-owned enterprises and Crown research institutes other than Meridian Energy, Mighty River Power, and Genesis Energy treated as interconnected bodies in terms of the Act. This is a very positive ...
... behaviour. The Government’s decision will see State-owned enterprises and Crown research institutes other than Meridian Energy, Mighty River Power, and Genesis Energy treated as interconnected bodies in terms of the Act. This is a very ...

Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee

In Committee 14 May 2008

CHRIS AUCHINVOLE ... keeps New Zealand’s energy flowing. It takes bulk electricity from where it is generated, by companies such as Meridian Energy and Mighty River Power, to 35 lines companies and directly to 10 big users. Electricity is delivered whenever and ...
... keeps New Zealand’s energy flowing. It takes bulk electricity from where it is generated, by companies such as Meridian Energy and Mighty River Power, to 35 lines companies and directly to 10 big users. Electricity is delivered whenever ...

Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee

In Committee 15 Apr 2008

Meridian Energy Ltd
Meridian Energy Ltd

The CHAIRPERSON The next entity that, I understand, members wish to debate is Meridian Energy Ltd. Therefore, the question before the Committee is that the report of the Commerce Committee on the 2006-07 ...
The next entity that, I understand, members wish to debate is Meridian Energy Ltd. Therefore, the question before the Committee is that the report of the Commerce Committee on the 2006-07 ...

The CHAIRPERSON I have already put the question on Meridian Energy Ltd, so we had better put it to the vote while the Clerk checks the situation.
I have already put the question on Meridian Energy Ltd, so we had better put it to the vote while the Clerk checks the situation.

METIRIA TUREI ... December, called Calculating Biodiversity Offsets for the Mokihinui Hydro Proposal. This report was prepared for Meridian Energy, which was looking for information about the impacts of its plan to build an 85 metre - high dam on the Mōkihinui ....
... December, called Calculating Biodiversity Offsets for the Mokihinui Hydro Proposal. This report was prepared for Meridian Energy, which was looking for information about the impacts of its plan to build an 85 metre - high dam on the Mōkihinu...

METIRIA TUREI ... the good work of one of the Crown entities, Landcare Research, another Government entity, the State-owned enterprise Meridian Energy, still intends to pursue such an enormously destructive action on one of New Zealand’s most pristine and wild rivers. ...
... the good work of one of the Crown entities, Landcare Research, another Government entity, the State-owned enterprise Meridian Energy, still intends to pursue such an enormously destructive action on one of New Zealand’s most pristine and wild ...

Conservation

Mōkihinui Hydro Dam—Effect on Endangered Species 14 Sep 2010

Kevin Hague ... high value that it is most unlikely to be suitable for exchange at all; if so, why wait for a revised proposal from Meridian Energy before ruling out a land swap?
... high value that it is most unlikely to be suitable for exchange at all; if so, why wait for a revised proposal from Meridian Energy before ruling out a land swap?

Kevin Hague ... land swap now, will she at least ask her colleague the Minister for State Owned Enterprises to encourage our company Meridian Energy to make its land swap proposal before the matter comes up in the Environment Court next year, saving us all a lot of ...
... land swap now, will she at least ask her colleague the Minister for State Owned Enterprises to encourage our company Meridian Energy to make its land swap proposal before the matter comes up in the Environment Court next year, saving us all a ...

Kevin Hague How does the Minister think New Zealanders will feel to learn during Conservation Week that our own company Meridian Energy may flood 300 hectares of pristine conservation land, putting at risk more than 20 threatened species, when there is a ...
How does the Minister think New Zealanders will feel to learn during Conservation Week that our own company Meridian Energy may flood 300 hectares of pristine conservation land, putting at risk more than 20 threatened species, when ...

Mōkihinui Hydro Dam—Criteria and Evaluation Process for Land Exchange 29 Jun 2010

KEVIN HAGUE What criteria and processes will she use to evaluate any land exchange proposed by Meridian Energy for the area of public conservation land it wishes to flood for its proposed Mōkihinui hydro scheme?
What criteria and processes will she use to evaluate any land exchange proposed by Meridian Energy for the area of public conservation land it wishes to flood for its proposed Mōkihinui hydro scheme?

Hon Dr WAYNE MAPP The member may be aware that an application was made then subsequently withdrawn by Meridian Energy. That particular application was released under the Official Information Act, and I am sure the member has a copy of ....
The member may be aware that an application was made then subsequently withdrawn by Meridian Energy. That particular application was released under the Official Information Act, and I am sure the member has a ...

Hon Dr WAYNE MAPP ... a comment prior to the application. I mentioned the Official Information Act request because it dealt with land that Meridian Energy had offered. That application was withdrawn, as the questioner may well know.
... a comment prior to the application. I mentioned the Official Information Act request because it dealt with land that Meridian Energy had offered. That application was withdrawn, as the questioner may well know.

Kevin Hague Is it the case that Meridian Energy withdrew its first land exchange offer because that offer had been firmly rejected by the West Coast Tai Poutini ...
Is it the case that Meridian Energy withdrew its first land exchange offer because that offer had been firmly rejected by the West Coast Tai ...

Hon Dr WAYNE MAPP ... be accepted, because it did not meet the criteria of the Act. At this point in time there is no other application by Meridian Energy. It is also worth noting that this issue is yet to go through the Environment Court appeal processes, and, as the ...
... be accepted, because it did not meet the criteria of the Act. At this point in time there is no other application by Meridian Energy. It is also worth noting that this issue is yet to go through the Environment Court appeal processes, and, as ...

Kevin Hague ... to apply; therefore, could she not save enormous expenditure of time, effort, and money from all parties, including Meridian Energy, by ruling out any possible land exchange right now?
... to apply; therefore, could she not save enormous expenditure of time, effort, and money from all parties, including Meridian Energy, by ruling out any possible land exchange right now?

Mōkihinui Hydro Dam—Resource Consent 15 Apr 2008

METIRIA TUREI Does the Department of Conservation plan to submit on the resource consent applications for Meridian Energy Ltd’s Mōkihinui hydro proposal; if so, will the department be advocating for the protection of the river?
Does the Department of Conservation plan to submit on the resource consent applications for Meridian Energy Ltd’s Mōkihinui hydro proposal; if so, will the department be advocating for the protection of the river?

Metiria Turei Is the Minister concerned that Meridian has suppressed a report that it commissioned from Landcare Research, entitled Calculating Biodiversity Offsets for ...

Hon STEVE CHADWICK I am aware of the reports that Meridian commissioned, and that it did commission that research. However, I have not seen that research, so it is ...

Metiria Turei Now that the Minister is aware of Meridian’s secret report that it has refused to distribute, despite being asked, will she be urging the Minister for the ...

Metiria Turei ... damage that this dam will do, I ask again whether she will assure this House that she will use her powers to refuse Meridian Energy’s application for Department of Conservation concessions to fell large swathes of native podocarp forest and drown an ...
... damage that this dam will do, I ask again whether she will assure this House that she will use her powers to refuse Meridian Energy’s application for Department of Conservation concessions to fell large swathes of native podocarp forest and ...

Metiria Turei I seek leave to table the report that Meridian Energy has actively suppressed and refused to distribute.
I seek leave to table the report that Meridian Energy has actively suppressed and refused to distribute.

Electricity (Disconnection and Low Fixed Charges) Amendment Bill

Third Reading 10 Apr 2008

SUE KEDGLEY ... than nothing—of giving guidelines. This bill gives the Government power to regulate guidelines so that companies like Meridian Energy can switch off power only in certain circumstances, not arbitrarily. We have got ourselves into rather a tragic ...
... than nothing—of giving guidelines. This bill gives the Government power to regulate guidelines so that companies like Meridian Energy can switch off power only in certain circumstances, not arbitrarily. We have got ourselves into rather a ...

Second Reading 8 Apr 2008

Hon DAMIEN O’CONNOR ... they cannot answer any of the big ones, particularly around the issue of electricity. Would those members sell off Meridian Energy? Would they sell off the State-owned energy generators in this country? I put it to the House that they would have to ...
... they cannot answer any of the big ones, particularly around the issue of electricity. Would those members sell off Meridian Energy? Would they sell off the State-owned energy generators in this country? I put it to the House that they would ...

Financial Review Debate - In Committee

In Committee 19 Mar 2008

JACQUI DEAN ... bungled and inept handling of the Waitaki water allocation framework, which came about as a result of Project Aqua by Meridian Energy. This Government has a very poor record on the environment.
... bungled and inept handling of the Waitaki water allocation framework, which came about as a result of Project Aqua by Meridian Energy. This Government has a very poor record on the environment.

Building Amendment Bill 2007

Second Reading 13 Nov 2007

KATRINA SHANKS ... Surveyors, the New Zealand Institute of Architects, the Rodney District Council, the Certified Builders Association, Meridian Energy, and someone called Alan Light. What was their big concern? Well, they were quite varied in their concerns, but the ...
... Surveyors, the New Zealand Institute of Architects, the Rodney District Council, the Certified Builders Association, Meridian Energy, and someone called Alan Light. What was their big concern? Well, they were quite varied in their concerns, ...

Finance

State-owned Assets, Sales—Parameters 7 Sep 2011

Hon BILL ENGLISH ... about, at least $500 million is a one-off capital release as a result of the sale of assets between Genesis and Meridian Energy. The fact is that until this Government came into office and lifted the performance of these State-owned enterprises, ...
... about, at least $500 million is a one-off capital release as a result of the sale of assets between Genesis and Meridian Energy. The fact is that until this Government came into office and lifted the performance of these State-owned ...

State-owned Assets, Sales—Ownership of Shares 6 Sep 2011

Hon David Cunliffe ... is a number the Minister is well acquainted with, has he revised downwards the expected proceeds of selling Genesis, Meridian Energy, and Mighty River Power; if so, by how much?
... is a number the Minister is well acquainted with, has he revised downwards the expected proceeds of selling Genesis, Meridian Energy, and Mighty River Power; if so, by how much?

State-owned Assets, Sales—Forecast Cost to Crown of Forgone Dividends and Sale Costs 12 Jul 2011

Hon BILL ENGLISH ... from asset sales; that is what—[ Interruption] The main capital distributions have come from the large asset sale by Meridian Energy, overseen by the last Labour Government. We would rather pay dividends to Kiwis than interest to foreigners.
... from asset sales; that is what—[ Interruption] The main capital distributions have come from the large asset sale by Meridian Energy, overseen by the last Labour Government. We would rather pay dividends to Kiwis than interest to foreigners.

State-owned Assets—Crown Equity in Energy Companies and Air New Zealand 16 Jun 2011

Hon DAVID PARKER What was the combined increase in the value of the Crown’s equity in Meridian, Mighty River Power, Solid Energy, Genesis and Air New Zealand for each of the last five years?

State-owned Energy Companies, Sales—Mixed-ownership Model 15 Jun 2011

Hon David Cunliffe Would an example of those transactions be the purchase by Meridian Energy of Southern Hydro in Australia, the building up of that asset, and the selling again of that asset, at nearly a ...
Would an example of those transactions be the purchase by Meridian Energy of Southern Hydro in Australia, the building up of that asset, and the selling again of that asset, at nearly ...

Hon BILL ENGLISH Yes, I can confirm exactly that. Meridian Energy invested in some energy assets in Australia, built those up, sold them to foreigners for hundreds of millions of ...
Yes, I can confirm exactly that. Meridian Energy invested in some energy assets in Australia, built those up, sold them to foreigners for hundreds of millions ...

Hon BILL ENGLISH ... make distinctions they did not think they would have to make, such as how to distinguish between selling large-scale Meridian Energy assets to foreigners and pocketing the cash, which was Labour policy, and New Zealand selling some of Meridian Energy ...
... make distinctions they did not think they would have to make, such as how to distinguish between selling large-scale Meridian Energy assets to foreigners and pocketing the cash, which was Labour policy, and New Zealand selling some of Meridian ...

Budget 2011—Sales of State-owned Assets 9 Jun 2011

Hon BILL ENGLISH ... Party are going around saying the Government would be foregoing $700 million in dividends, if we remove the special Meridian Energy dividends to do with the sale of assets—Crown assets in Australia—under the Labour Government, the average total ...
... Party are going around saying the Government would be foregoing $700 million in dividends, if we remove the special Meridian Energy dividends to do with the sale of assets—Crown assets in Australia—under the Labour Government, the average ...

Hon BILL ENGLISH ... a roughly calculated average over the last 7 or 8 years. Under the Labour Government the energy companies, excluding Meridian, produced dividends of less than $100 million a year, which was a disgraceful return on taxpayers’ capital. It showed ...

Hon BILL ENGLISH ... In 2009 total dividends from all State-owned enterprises were $223 million. As I said, the dividends, excluding Meridian’s large dividend from the sale of an asset in Australia, were less than $100 million a year. The State-owned ...

State-owned Assets, Sales—Investment Protocol with Australia 15 Feb 2011

Dr RUSSEL NORMAN ... include any provisions that would stop Australians from buying shares in New Zealand State-owned assets such as Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, should a future Government privatise them?
... include any provisions that would stop Australians from buying shares in New Zealand State-owned assets such as Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, should a future Government privatise them?

Economic Recovery—Governor of the Reserve Bank’s Statement 14 Oct 2010

Hon Annette King ... of GST by 2.5 percent, being attributed to the increase of 2.5 percent in GST, and was he surprised to learn that Meridian Energy chose to impose 15 percent GST on people in Christchurch in September, which was the coldest month they had and which ...
... of GST by 2.5 percent, being attributed to the increase of 2.5 percent in GST, and was he surprised to learn that Meridian Energy chose to impose 15 percent GST on people in Christchurch in September, which was the coldest month they had ...

Hon BILL ENGLISH In respect of the issue regarding Meridian Energy, I understand that some discussion is going on now that amounts to an argument over the interpretation of the ...
In respect of the issue regarding Meridian Energy, I understand that some discussion is going on now that amounts to an argument over the interpretation of the ...

State-owned Enterprises—Government Policy on Sale or Retention 15 Apr 2008

Hon Dr MICHAEL CULLEN ... occasion National did not put the monkey up, it put the organ-grinder up. But, of course, to take the first only, Meridian Energy invested in Australian assets under the clear understanding it would sell those at some point, and sold them at a ...
... occasion National did not put the monkey up, it put the organ-grinder up. But, of course, to take the first only, Meridian Energy invested in Australian assets under the clear understanding it would sell those at some point, and sold them ...

State-owned Assets—Value 10 Oct 2007

Hon Bill English What did the Government do with the $1.4 billion proceeds of the sale of hydro assets owned by Meridian Energy?
What did the Government do with the $1.4 billion proceeds of the sale of hydro assets owned by Meridian Energy?

Hon Bill English I seek leave to table the details of a sale of $1.4 billion worth of Meridian Energy by Dr Cullen 3 years ago.
I seek leave to table the details of a sale of $1.4 billion worth of Meridian Energy by Dr Cullen 3 years ago.

Urgent Debates - Environment, Ministry—State Services Commission Briefing

Environment, Ministry—State Services Commission Briefing 24 Jul 2007

Hon BILL ENGLISH ... disgraceful episode. I will tell the House a little story about that. It shows how paranoid the Prime Minister is. Meridian Energy, which owns large assets in my electorate, came to open a wind farm in my local area. I can see the wind farm from my ...
... disgraceful episode. I will tell the House a little story about that. It shows how paranoid the Prime Minister is. Meridian Energy, which owns large assets in my electorate, came to open a wind farm in my local area. I can see the wind farm ...

Climate Change Issues

Emissions Trading Scheme—Costs to Consumers 26 May 2010

Hon Dr NICK SMITH ... and the complexities of the electricity market, to determine the exact impacts. I note that neither Genesis nor Meridian Energy is planning to increase its price in the short-term. The Government will be watching the power companies closely, and ...
... and the complexities of the electricity market, to determine the exact impacts. I note that neither Genesis nor Meridian Energy is planning to increase its price in the short-term. The Government will be watching the power companies ...

Emissions Trading Scheme—Impact 2 Jul 2008

Hon Dr Nick Smith Will the Minister change his bill to address the $1 billion - plus in windfall profits to the State through Meridian Energy and Mighty River Power, and the $22 billion that the Government will make from the sale of emission permits, in light ...
Will the Minister change his bill to address the $1 billion - plus in windfall profits to the State through Meridian Energy and Mighty River Power, and the $22 billion that the Government will make from the sale of emission permits, ...

Emissions Trading Scheme—State-owned Enterprises 26 Jun 2008

Hon Dr NICK SMITH Will the emissions trading scheme provide a windfall profit to State-owned enterprises Meridian Energy and Mighty River Power; if so, how much weight should be given to the sustainable business council report funded by ...
Will the emissions trading scheme provide a windfall profit to State-owned enterprises Meridian Energy and Mighty River Power; if so, how much weight should be given to the sustainable business council report ...

Emissions Trading Scheme—Households Compensation 17 Jun 2008

Hon Dr Nick Smith I seek leave of the House to table the advice to the select committee from Meridian Energy that it is expecting a windfall gain of $750 million to the Government.
I seek leave of the House to table the advice to the select committee from Meridian Energy that it is expecting a windfall gain of $750 million to the Government.

Carbon Dioxide Emissions—Holcim Cement Plant 12 Jun 2007

Hon Dr Nick Smith ... that it is the biggest new generating station built in New Zealand in 20 years, and that it is 10 times the size of Meridian’s White Hill farm that she opened last week, or will this commissioning be kept as low key as possible, noting that ...

Urgent Debates - Mercury Energy—Disconnection of Electricity Supply

Mercury Energy—Disconnection of Electricity Supply 12 Jun 2007

Hon DAVID BENSON-POPE ... are, however, as I commented a moment ago, some very good practices among electricity retailers. The example of Meridian in Christchurch has already been quoted. I am advised that Meridian funds a number of agencies to provide people with ...

GERRY BROWNLEE ... thing. No less a person than the Minister for Social Development and Employment has suggested this afternoon that Meridian Energy’s practice in Christchurch is a good example. I think it is. Nine social agencies are working with Meridian Energy to ...
... thing. No less a person than the Minister for Social Development and Employment has suggested this afternoon that Meridian Energy’s practice in Christchurch is a good example. I think it is. Nine social agencies are working with Meridian ...

General Debate 2 May 2007

METIRIA TUREI ... Council is hearing submissions at the moment on the Lammermoor wind farm, the Project Hayes wind farm proposed by Meridian Energy. It is a very controversial project. The Lammermoor Range is a beautiful landscape—I have been there and seen it myself—...
... Council is hearing submissions at the moment on the Lammermoor wind farm, the Project Hayes wind farm proposed by Meridian Energy. It is a very controversial project. The Lammermoor Range is a beautiful landscape—I have been there and seen ...

Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee

In Committee 1 May 2007

Meridian Energy Limited
Meridian Energy Limited

GORDON COPELAND Meridian Energy is a great New Zealand company of world-class expertise in the electricity generation and retailing sector. It has an ...
Meridian Energy is a great New Zealand company of world-class expertise in the electricity generation and retailing sector. It ...

State-Owned Enterprises (AgriQuality Limited and Asure New Zealand Limited) Bill

Third Reading 21 Jun 2007

NATHAN GUY ... competition. Will the Minister for State Owned Enterprises be out there trying to create a merger between Genesis and Meridian Energy? I do not see any bill before the House about that, if we are to talk specifically about reducing competition. This ...
... competition. Will the Minister for State Owned Enterprises be out there trying to create a merger between Genesis and Meridian Energy? I do not see any bill before the House about that, if we are to talk specifically about reducing ....

In Committee 20 Jun 2007

CHRISTOPHER FINLAYSON ... competition. Where is the problem with State-owned enterprises competing? Mighty River Power, Genesis Power, and Meridian Energy compete. It is a fundamental point that the Minister really has to address. It was always intended that State-owned ...
... competition. Where is the problem with State-owned enterprises competing? Mighty River Power, Genesis Power, and Meridian Energy compete. It is a fundamental point that the Minister really has to address. It was always intended that State-ow...

Second Reading 15 May 2007

NATHAN GUY ... merging these two identities will be beneficial when we have not had a problem for 10 years. If we were to amalgamate Meridian Energy and Genesis Energy, would we do that in a month? The answer would be no. Here we have a bill that the Government was ...
... merging these two identities will be beneficial when we have not had a problem for 10 years. If we were to amalgamate Meridian Energy and Genesis Energy, would we do that in a month? The answer would be no. Here we have a bill that the ...

LINDSAY TISCH ... the North Island we have Genesis Energy and Mighty River Power on the Waikato River, and in the South Island we have Meridian Energy. These three State-owned enterprises are State generators that compete in the energy market. So why can we not have ...
... the North Island we have Genesis Energy and Mighty River Power on the Waikato River, and in the South Island we have Meridian Energy. These three State-owned enterprises are State generators that compete in the energy market. So why can we not ...

First Reading 3 Apr 2007

NATHAN GUY ... rather than compete against each other at a cost to the Crown and taxpayers.” Well, what about this? We have Meridian Energy, we have TrustPower, we have Genesis Energy—the list goes on and on.
... rather than compete against each other at a cost to the Crown and taxpayers.” Well, what about this? We have Meridian Energy, we have TrustPower, we have Genesis Energy—the list goes on and on.

Injury Prevention, Rehabilitation, and Compensation Amendment Bill 2006

Second Reading 20 Feb 2007

PETER BROWN ... was Rodney Hide. He would sell everything, with due respect. The National Party would sell TVNZ, Air New Zealand, Meridian Energy, Genesis Energy, and Mighty River Power, and we know that it would privatise, at least, the Accident Compensation ...
... was Rodney Hide. He would sell everything, with due respect. The National Party would sell TVNZ, Air New Zealand, Meridian Energy, Genesis Energy, and Mighty River Power, and we know that it would privatise, at least, the Accident ...

Maiden Statement 1 Aug 2006

CHARLES CHAUVEL ... lawyers, who showed their confidence in me by electing me to their partnership at the age of 30. Colleagues from the Meridian Energy board on which I served, which laid the foundations for returning $650 million of value from our Australian operations ...
... lawyers, who showed their confidence in me by electing me to their partnership at the age of 30. Colleagues from the Meridian Energy board on which I served, which laid the foundations for returning $650 million of value from our Australian ...

Estimates Debate - In Committee

In Committee 20 Jul 2006

Hon DAVID CUNLIFFE ... from investing offshore. The National Government said: “Thou shalt not invest!”. We lifted that directive. Meridian Energy bought Southern Hydro in Australia. National opposed that. Meridian built it up and extracted portfolio synergies ...
... from investing offshore. The National Government said: “Thou shalt not invest!”. We lifted that directive. Meridian Energy bought Southern Hydro in Australia. National opposed that. Meridian built it up and extracted portfolio ...

General Debate 21 Jun 2006

KATE WILKINSON ... with the SOEs that going bust doesn’t quite mean what it might mean for some other companies, you know for example if Meridian went bust you’d still have a lot of windmills and a lot of dams, so it’s a financial rather than putting all the ...

Supplementary Estimates - Imprest Supply Debate

Imprest Supply Debate 20 Jun 2006

JOHN KEY ... with Trevor Mallard on Saturday. When he was asked a question by Lisa Owen, he said that it was OK if bonds owned by Meridian Energy went down, because the Government still owned the assets. I hate to tell Trevor the bad news but the Government ...
... with Trevor Mallard on Saturday. When he was asked a question by Lisa Owen, he said that it was OK if bonds owned by Meridian Energy went down, because the Government still owned the assets. I hate to tell Trevor the bad news but the ...

KATHERINE RICH ... been conducted and carried out prior to that new announcement. He pointed to Southern Hydro, which was a success for Meridian Energy, and which generated some $600 million, but that will not be the case for many other risky projects that State-owned ...
... been conducted and carried out prior to that new announcement. He pointed to Southern Hydro, which was a success for Meridian Energy, and which generated some $600 million, but that will not be the case for many other risky projects that State-o...

Resource Management (Security for Costs) Amendment Bill

First Reading 14 Jun 2006

Hon Dr NICK SMITH ... that I have heard some fantasies in this House, but that one would have to be in the fairytale class. Keith Turner of Meridian Energy said only in the last few days that New Zealand would not be able to address its electricity problems unless there was ...
... that I have heard some fantasies in this House, but that one would have to be in the fairytale class. Keith Turner of Meridian Energy said only in the last few days that New Zealand would not be able to address its electricity problems unless ...

Environment

Energy—Renewable Energy Projects 15 May 2007

Hon DAVID BENSON-POPE Early in the process, both the territorial local authority and Meridian Energy expressed confidence in the normal consenting process. Therefore, the Government decided not to call in the consent but,...
Early in the process, both the territorial local authority and Meridian Energy expressed confidence in the normal consenting process. Therefore, the Government decided not to call in the ...

Resource Management Act—Changes 14 Jun 2006

Hon Dr Nick Smith I raise a point of order, Madam Speaker. Dr Keith Turner is the chief executive of Meridian Energy. I made no mention of Transpower in my question. My concerns are as much about the generation as the transmission of ...
I raise a point of order, Madam Speaker. Dr Keith Turner is the chief executive of Meridian Energy. I made no mention of Transpower in my question. My concerns are as much about the generation as the ...

State Owned Enterprises

State-owned Enterprises—Privatisation 22 Jul 2009

Hon Clayton Cosgrove Will the Minister now categorically deny that State-owned enterprises like Meridian Energy are being prepared for privatisation should the National Party was to win a second term?
Will the Minister now categorically deny that State-owned enterprises like Meridian Energy are being prepared for privatisation should the National Party was to win a second term?

State-owned Enterprises—Assets 7 Aug 2008

Hon TREVOR MALLARD ... have been floated and has been sold is Southern Hydro. Southern Hydro is a wind farm in Australia that was owned by Meridian Energy. It was sold for $1.4 billion, and it is an example of a non-core asset that has been sold. A flotation methodology, ...
... have been floated and has been sold is Southern Hydro. Southern Hydro is a wind farm in Australia that was owned by Meridian Energy. It was sold for $1.4 billion, and it is an example of a non-core asset that has been sold. A flotation ...

Meridian Energy—Mill Creek Project 29 May 2008

Hon PETER DUNNE Does he consider the publication How to make a submission in support of Project Mill Creek, a brochure prepared by Meridian Energy advising people how to make submissions supporting its plans for a wind farm in Ōhāriu Valley, to be appropriate ...
Does he consider the publication How to make a submission in support of Project Mill Creek, a brochure prepared by Meridian Energy advising people how to make submissions supporting its plans for a wind farm in Ōhāriu Valley, to be ...

Hon TREVOR MALLARD The decision to release the publication is an operational issue that was taken by the board of Meridian Energy. I do expect Meridian Energy to comply with the Resource Management Act 1991, and the State-Owned Enterprises Act 1986,...
The decision to release the publication is an operational issue that was taken by the board of Meridian Energy. I do expect Meridian Energy to comply with the Resource Management Act 1991, and the State-Owned Enterprises ...

Gerry Brownlee Can the Minister confirm that Meridian Energy has had to have recourse to this particular action because it cannot trust the Resource Management Act to deliver it ...
Can the Minister confirm that Meridian Energy has had to have recourse to this particular action because it cannot trust the Resource Management Act to ...

Hon TREVOR MALLARD That decision was made in about 2005 and legislated for at that point. My understanding is that in Meridian Energy’s experience, every application it has made has been approved.
That decision was made in about 2005 and legislated for at that point. My understanding is that in Meridian Energy’s experience, every application it has made has been approved.

State-owned Enterprises—Social Responsibility 9 Apr 2008

Hon Peter Dunne Does he consider that Meridian Energy has properly discharged its social responsibilities to the community of Ōhāriu Valley with regard to the proposal to ...
Does he consider that Meridian Energy has properly discharged its social responsibilities to the community of Ōhāriu Valley with regard to the ...

Hon Peter Dunne ... State Owned Enterprises and Minister for the Environment on this issue that he has full confidence in the way that Meridian Energy is handling the Mill Creek project, and that he supports its actions to date; if they cannot draw that conclusion, ...
... State Owned Enterprises and Minister for the Environment on this issue that he has full confidence in the way that Meridian Energy is handling the Mill Creek project, and that he supports its actions to date; if they cannot draw that ...

State-owned Enterprises—Asset Ownership 17 Oct 2007

Hon TREVOR MALLARD ... core assets of State-owned enterprises and things that are not core. For example, a wind farm is a core asset of Meridian Energy but a building is not.
... core assets of State-owned enterprises and things that are not core. For example, a wind farm is a core asset of Meridian Energy but a building is not.

Hon TREVOR MALLARD ... difference between trading and not trading. National Party members seem to say that Landcorp cannot sell a sheep, or Meridian Energy cannot sell a unit of electricity. Clearly, that is nonsense. But what we do know is that this Government will never ...
... difference between trading and not trading. National Party members seem to say that Landcorp cannot sell a sheep, or Meridian Energy cannot sell a unit of electricity. Clearly, that is nonsense. But what we do know is that this Government will ...

State-owned Enterprises—Failure 20 Jun 2006

KATHERINE RICH ... with the SOEs that going bust doesn’t quite mean what it might mean for some other companies, you know for example if Meridian went bust you’d still have a lot of windmills and a lot of dams, so it’s a financial rather than putting all the ...

Hon TREVOR MALLARD ... are returning dividends of about $250 million to $300 million a year, not counting the one-off special dividend from Meridian. On top of that, Crown equity in State-owned enterprises has more than doubled since this Government took office. The ...

Chris Tremain ... accounting knowledge and of understanding the relationship between the assets of a State-owned enterprise, such as Meridian’s dams and windmills, and the liabilities of that organisation?

State-owned Enterprises—Scope 13 Jun 2006

Hon Dr Michael Cullen Can the Minister confirm that one example, which has already been undertaken, was Meridian Energy’s expansion into Australia, which enabled it to purchase wind power at much reduced cost and also led to a very ...
Can the Minister confirm that one example, which has already been undertaken, was Meridian Energy’s expansion into Australia, which enabled it to purchase wind power at much reduced cost and also led to a ...

Prime Minister

State-owned Assets, Sales—Ownership of Shares 6 Sep 2011

Hon BILL ENGLISH ... half of it will not be available again, because it consists of the proceeds of the asset swap that was done between Meridian Energy and Genesis Energy, which effectively released $500 million to the Government. Of course spending will be tight over ...
... half of it will not be available again, because it consists of the proceeds of the asset swap that was done between Meridian Energy and Genesis Energy, which effectively released $500 million to the Government. Of course spending will be ...

Economy—Protection from Global Market Volatility 10 Aug 2011

Rt Hon JOHN KEY ... are paid only when those State-owned enterprises have embarked on, generally, overseas activities, as in the case of Meridian Energy with Southern Hydro, and when the sale of those assets has taken place. As we have seen with Air New Zealand, that is ...
... are paid only when those State-owned enterprises have embarked on, generally, overseas activities, as in the case of Meridian Energy with Southern Hydro, and when the sale of those assets has taken place. As we have seen with Air New Zealand, ...

State-owned Assets, Sales—Shares 14 Jun 2011

Hon BILL ENGLISH ... the State-owned enterprises under the previous Government, and when we exclude the special dividends mostly paid by Meridian Energy, we see that those flows were less than $100 million per year for Mighty River Power, Solid Energy, and Genesis ....
... the State-owned enterprises under the previous Government, and when we exclude the special dividends mostly paid by Meridian Energy, we see that those flows were less than $100 million per year for Mighty River Power, Solid Energy, and ...

State-owned Assets, Sales—Shares 8 Jun 2011

Hon David Cunliffe I seek leave to table a compilation of data from the company accounts of Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, which shows they—
I seek leave to table a compilation of data from the company accounts of Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, which shows they—

State-owned Energy Companies—Financial Returns 6 Apr 2011

Rt Hon JOHN KEY ...stigate—and it is doing so. But that price hike took place with three primary players: Genesis, Mighty River Power, and Meridian Energy. They are all 100 percent State-owned enterprises. The prices in the electricity sector are controlled by regulation, ...
...stigate—and it is doing so. But that price hike took place with three primary players: Genesis, Mighty River Power, and Meridian Energy. They are all 100 percent State-owned enterprises. The prices in the electricity sector are controlled by ...

State-owned Enterprises—Shareholder Returns and Average Bond Rate 5 Apr 2011

Rt Hon JOHN KEY ... that Labour was in office for the three State-owned enterprises in the energy sector—Genesis, Mighty River Power, and Meridian Energy—was 72 percent. If gouging was happening, it was actually happening under a Government-owned company.
... that Labour was in office for the three State-owned enterprises in the energy sector—Genesis, Mighty River Power, and Meridian Energy—was 72 percent. If gouging was happening, it was actually happening under a Government-owned company.

State-owned Assets, Sales—New Zealand Investors 9 Feb 2011

Rt Hon JOHN KEY ... last time: there are $1.6 million KiwiSaver accounts; if the providers are not investing in a blue-chip company like Meridian Energy, what are they investing in? I make the offer one more time: could someone please pass a supplementary question to ...
... last time: there are $1.6 million KiwiSaver accounts; if the providers are not investing in a blue-chip company like Meridian Energy, what are they investing in? I make the offer one more time: could someone please pass a supplementary ...

Kiwibank—Privatisation 26 May 2010

Hon Phil Goff Will the Prime Minister rule out privatising Meridian Energy?
Will the Prime Minister rule out privatising Meridian Energy?

Climate Change—Threat to Pacific Region 22 Jul 2009

Hon JOHN KEY ... our emissions trading scheme legislation. Also I took on the trip with me Tim Lusk, the chief executive officer of Meridian Energy, so that we could look at a situation where, potentially, the Pacific countries could substitute their current ...
... our emissions trading scheme legislation. Also I took on the trip with me Tim Lusk, the chief executive officer of Meridian Energy, so that we could look at a situation where, potentially, the Pacific countries could substitute their current ...

Energy, Minister—Confidence 13 Jun 2006

Dr Don Brash Why, when Dr Keith Turner, Managing Director of Government-owned Meridian Energy, advised last year that “New Zealand’s electricity grid is so overworked that some lines cannot be taken out for ...
Why, when Dr Keith Turner, Managing Director of Government-owned Meridian Energy, advised last year that “New Zealand’s electricity grid is so overworked that some lines cannot be taken out ...

Urgent Debates - Power Outage—Upper North Island

Power Outage—Upper North Island 13 Jun 2006

GORDON COPELAND ... in particular because, as others have mentioned, this situation was foreshadowed for some time by Keith Turner of Meridian Energy, and by a number of other people who have come to see me in my role as United Future’s energy spokesperson. They have ...
... in particular because, as others have mentioned, this situation was foreshadowed for some time by Keith Turner of Meridian Energy, and by a number of other people who have come to see me in my role as United Future’s energy spokesperson. ...

Budget Debate 24 May 2006

BRIAN CONNELL ... other area of concern is that one of the largest tranches of money that will go into the roading fund will come from Meridian Energy’s asset sales in Australia. The irony that that investment was in Australia—the very place the Government is thumbing ...
... other area of concern is that one of the largest tranches of money that will go into the roading fund will come from Meridian Energy’s asset sales in Australia. The irony that that investment was in Australia—the very place the Government is ...

Budget Statement - Budget Debate

Budget Debate 18 May 2006

Hon Dr MICHAEL CULLEN ... In the current year the operating surplus has been boosted by two substantial items. One is the profit on the sale of Meridian’s Australian assets. The other is the high returns from the Crown’s financial institutions which have seen strong ...

Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee

In Committee 16 May 2006

Meridian Energy
Meridian Energy

BRIAN CONNELL I want to take time to talk about the financial review of Meridian Energy. I start by saying that Meridian Energy is the largest electricity generator in New Zealand, meeting something like 30 ...
I want to take time to talk about the financial review of Meridian Energy. I start by saying that Meridian Energy is the largest electricity generator in New Zealand, meeting something ...

BRIAN CONNELL ... The Government’s response and that of the Electricity Commission was that Dr Keith Turner, the Chief Executive of Meridian Energy, was being an alarmist—that he, along with other commentators who were saying the same thing, were being alarmists. ...
... The Government’s response and that of the Electricity Commission was that Dr Keith Turner, the Chief Executive of Meridian Energy, was being an alarmist—that he, along with other commentators who were saying the same thing, were being ...

Hon CLAYTON COSGROVE ... owned enterprises—and then put in place decent countermeasures. I pay tribute to the boards of Genesis Energy and Meridian Energy—
... owned enterprises—and then put in place decent countermeasures. I pay tribute to the boards of Genesis Energy and Meridian Energy—

GORDON COPELAND ... at this point in the debate on the State-owned enterprises I want to talk about the ownership of Genesis Energy, Meridian Energy, and Mighty River Power. United Future believes that the current view of never selling any of the State-owned ...
... at this point in the debate on the State-owned enterprises I want to talk about the ownership of Genesis Energy, Meridian Energy, and Mighty River Power. United Future believes that the current view of never selling any of the State-owned ...

Imprest Supply (Third for 2005/06) Bill

Imprest Supply Debate 24 Nov 2005

Hon Dr NICK SMITH ... up in trouble—tries to interrupt the debate. I would like the Minister—the former Minister of Energy—to explain this. Meridian Energy’s Chief Executive, Keith Turner, has stated that: “The New Zealand electricity grid is so overworked that lines cannot ...
... up in trouble—tries to interrupt the debate. I would like the Minister—the former Minister of Energy—to explain this. Meridian Energy’s Chief Executive, Keith Turner, has stated that: “The New Zealand electricity grid is so overworked that ...

Address in Reply 23 Nov 2005

JACQUI DEAN ... way, not only to make a major contribution to future energy needs but also, by negotiation and agreement with Meridian Energy, to provide ongoing benefit to the local community, and, most important, to enhance and improve the riverbed, which is ...
... way, not only to make a major contribution to future energy needs but also, by negotiation and agreement with Meridian Energy, to provide ongoing benefit to the local community, and, most important, to enhance and improve the riverbed, ...

Energy

Electricity Generator, Whirinaki—Diesel Use 1 Jul 2008

Gerry Brownlee ... current spot price does not affect residential customers, and that they should not expect increased power bills as Meridian Energy had predicted; if so, can he now tell us how the levy of $165 million, which will be met in large part by householders,...
... current spot price does not affect residential customers, and that they should not expect increased power bills as Meridian Energy had predicted; if so, can he now tell us how the levy of $165 million, which will be met in large part by ...

Marine Energy Projects—Government Assistance 29 May 2008

Gerry Brownlee ... down Cook Strait cable and an asbestos-riddled gas plant at New Plymouth will mean the lights will stay on; and will Meridian Energy increase its power prices?
... down Cook Strait cable and an asbestos-riddled gas plant at New Plymouth will mean the lights will stay on; and will Meridian Energy increase its power prices?

Electricity—Supply 28 May 2008

Gerry Brownlee Has the Minister seen the comments of Alan Seay of Meridian Energy, that consumers should prepare for price rises this winter because of the severe electricity shortage; and bearing in ...
Has the Minister seen the comments of Alan Seay of Meridian Energy, that consumers should prepare for price rises this winter because of the severe electricity shortage; and ...

Gerry Brownlee Is the Minister telling House that Mr Seay of Meridian Energy is wrong and that prices for electricity will not be rising for domestic consumers this winter?
Is the Minister telling House that Mr Seay of Meridian Energy is wrong and that prices for electricity will not be rising for domestic consumers this winter?

Gerry Brownlee Is the Minister telling the House that Mr Seay, who is the representative of Meridian Energy, telling the media and anyone who wants to listen, that New Zealanders can expect to pay much higher electricity costs ...
Is the Minister telling the House that Mr Seay, who is the representative of Meridian Energy, telling the media and anyone who wants to listen, that New Zealanders can expect to pay much higher ...

Electricity—Supply 14 Feb 2008

Gerry Brownlee Does he agree with the chief executive officer of Meridian Energy, who told the Commerce Committee this morning that security of supply is as finely balanced as he has ever seen it in ...
Does he agree with the chief executive officer of Meridian Energy, who told the Commerce Committee this morning that security of supply is as finely balanced as he has ever ...

Gordon Copeland Why, when the risks around the ageing Cook Strait cable have been highlighted by Keith Turner of Meridian Energy and others for some time, have we reached the point where one pole of the cable is apparently uninsurable, and will he ...
Why, when the risks around the ageing Cook Strait cable have been highlighted by Keith Turner of Meridian Energy and others for some time, have we reached the point where one pole of the cable is apparently uninsurable, and ...

Energy—Renewable Energy Deployment 16 May 2007

Hon DAVID PARKER Yesterday it was announced that the Environment Court has given the green light to Meridian Energy’s proposed Mākara wind farm development. The wind farm is expected to produce enough power to meet most of Wellington’s...
Yesterday it was announced that the Environment Court has given the green light to Meridian Energy’s proposed Mākara wind farm development. The wind farm is expected to produce enough power to meet most of ...

Resource Management Act—Meridian Energy 29 Mar 2007

GERRY BROWNLEE Does he agree with Meridian Energy’s Keith Turner who stated with regard to the consent process that “We have absent a critical design element of the RMA ...
Does he agree with Meridian Energy’s Keith Turner who stated with regard to the consent process that “We have absent a critical design element of ...

Gerry Brownlee ... Minister’s goal of carbon neutrality be taken seriously, when the only carbon-neutral power company in New Zealand, Meridian Energy, says that the Resource Management Act works against the Government’s objective; and why can he not see that?
... Minister’s goal of carbon neutrality be taken seriously, when the only carbon-neutral power company in New Zealand, Meridian Energy, says that the Resource Management Act works against the Government’s objective; and why can he not see that?

Wind Energy—Growth 21 Mar 2007

Gerry Brownlee ... keep up the pretence that under his stewardship, New Zealand is moving towards a more sustainable energy future, when Meridian Energy’s wind energy development manager says that the establishment of a wind farm is a bit like a game of snakes and ladders—...
... keep up the pretence that under his stewardship, New Zealand is moving towards a more sustainable energy future, when Meridian Energy’s wind energy development manager says that the establishment of a wind farm is a bit like a game of snakes ...

Electricity—Renewable Resources 20 Mar 2007

Hon DAVID PARKER ... In response, we have seen energy companies focus more on renewables and less on thermal energy. It is not just that Meridian Energy is carbon neutral and Contact Energy is spending $1.8 billion on renewables; Mighty River Power has cancelled plans to ...
... In response, we have seen energy companies focus more on renewables and less on thermal energy. It is not just that Meridian Energy is carbon neutral and Contact Energy is spending $1.8 billion on renewables; Mighty River Power has cancelled ...

Carbon Footprint—Reduction 1 Mar 2007

Steve Chadwick Aside from last week’s announcement by Meridian Energy about its carbon-neutral status and Contact Energy’s plans to spend nearly $2 billion on renewables, can the Minister ...
Aside from last week’s announcement by Meridian Energy about its carbon-neutral status and Contact Energy’s plans to spend nearly $2 billion on renewables, can the ...

Electricity—Renewable Generation 27 Feb 2007

Hon DAVID PARKER ... UK’s most senior climate change diplomat, said today, carbon neutrality is an achievable goal over time. Yesterday Meridian Energy attained carbon neutrality. Despite the National Party’s wish to the contrary, carbon neutrality is breaking out all ...
... UK’s most senior climate change diplomat, said today, carbon neutrality is an achievable goal over time. Yesterday Meridian Energy attained carbon neutrality. Despite the National Party’s wish to the contrary, carbon neutrality is breaking ...

Hon DAVID PARKER The second document I would like to table is Meridian Energy’s announcement in respect of having achieved certified carbon neutrality.
The second document I would like to table is Meridian Energy’s announcement in respect of having achieved certified carbon neutrality.

Electricity Supply—Reliance on Fossil Fuels 20 Feb 2007

Gerry Brownlee Does the Minister agree with Dr Keith Turner, the Chief Executive Officer of Meridian Energy, who says that to overcome considerable risk to the reliable power supply of the South Island a new coal-fired thermal ...
Does the Minister agree with Dr Keith Turner, the Chief Executive Officer of Meridian Energy, who says that to overcome considerable risk to the reliable power supply of the South Island a new coal-fired ...

Hon DAVID PARKER ... that perhaps led to that question in the House is perhaps a misreport. I understand from contact my office had with Meridian Energy today—at Meridian Energy’s behest, not at my prompting—that it was misreported in the and that it has no plans for ...
... that perhaps led to that question in the House is perhaps a misreport. I understand from contact my office had with Meridian Energy today—at Meridian Energy’s behest, not at my prompting—that it was misreported in the and that it has no plans ...

Electricity Generation—Thermal Stations 20 Feb 2007

Hon DAVID PARKER The first report is, of course, the one that was in the Press in the last couple of days that Meridian Energy is now disavowing and is saying is incorrect. The second report was in the on 11 February, when Mighty River Power ...
The first report is, of course, the one that was in the Press in the last couple of days that Meridian Energy is now disavowing and is saying is incorrect. The second report was in the on 11 February, when Mighty River ...

Electricity—Pricing 12 Oct 2006

Hon Dr Nick Smith Has the Minister noted in the annual report yesterday from Meridian Energy that it endorsed National’s idea for a “cap and trade” system for greenhouse gases, endorsed National’s ideas for ...
Has the Minister noted in the annual report yesterday from Meridian Energy that it endorsed National’s idea for a “cap and trade” system for greenhouse gases, endorsed National’s ideas ...

Electricity Costs—Senior Citizens 25 Jul 2006

Hon Dr Nick Smith ... for the Environment, even Government sweetheart Colin James, and even the Government’s own power companies like Meridian Energy, Mighty River Power, and Genesis Energy all damning the Government’s energy policies, will the Minister accept that ...
... for the Environment, even Government sweetheart Colin James, and even the Government’s own power companies like Meridian Energy, Mighty River Power, and Genesis Energy all damning the Government’s energy policies, will the Minister accept ...

Electricity Commission—Investment Process 3 May 2006

Hon Dr Nick Smith ... last week that “security is not at preferred levels now”, and the statement of Dr Keith Turner, chief executive of Meridian Energy, that lines are so overworked into Auckland they cannot be taken out of service for maintenance, and that that is ...
... last week that “security is not at preferred levels now”, and the statement of Dr Keith Turner, chief executive of Meridian Energy, that lines are so overworked into Auckland they cannot be taken out of service for maintenance, and that that ...

Hon Dr Nick Smith ... the judgment of the Electricity Commission, a board with little engineering experience, over that of Transpower and Meridian Energy, which have a huge depth of engineering experience on security of transmission systems, when recent international ...
... the judgment of the Electricity Commission, a board with little engineering experience, over that of Transpower and Meridian Energy, which have a huge depth of engineering experience on security of transmission systems, when recent ...

Electricity—Supply 6 Apr 2006

Hon Dr Nick Smith ... ago back the view of the Electricity Commission in respect of the risk of a power crisis this winter over the view of Meridian Energy and Genesis Power, when, effectively, the Electricity Commission yesterday said that it had it wrong and that Genesis ...
... ago back the view of the Electricity Commission in respect of the risk of a power crisis this winter over the view of Meridian Energy and Genesis Power, when, effectively, the Electricity Commission yesterday said that it had it wrong and that ...

Hon TREVOR MALLARD I would point out that, of Genesis Power, Meridian Energy, and the Electricity Commission, none of them thinks we have hit the minimum zone.
I would point out that, of Genesis Power, Meridian Energy, and the Electricity Commission, none of them thinks we have hit the minimum zone.

Hon Dr Nick Smith I raise a point of order, Madam Speaker. My question did not ask whether Genesis Power or Meridian Energy thought we had hit the minimum zone—which was the answer I got from the Minister. The Minister did not address the ...
I raise a point of order, Madam Speaker. My question did not ask whether Genesis Power or Meridian Energy thought we had hit the minimum zone—which was the answer I got from the Minister. The Minister did not address ...

Hon Dr Nick Smith ... 2 years after $150 million was spent on its construction, major players in the industry, including Transpower and Meridian Energy, say it was built in the wrong place?
... 2 years after $150 million was spent on its construction, major players in the industry, including Transpower and Meridian Energy, say it was built in the wrong place?

Electricity—Supply 2 Mar 2006

Hon Dr NICK SMITH Does he agree with the statements by Meridian Energy Chief Executive Keith Turner that electricity supply is “very tenuous” and: “This winter is the tightest we have ever ...
Does he agree with the statements by Meridian Energy Chief Executive Keith Turner that electricity supply is “very tenuous” and: “This winter is the tightest we ...

Hon Dr Nick Smith Noting that the Minister has effectively dismissed the views of Keith Turner and those of the chief executive of Meridian Energy, Murray Jackson, both of whom this morning at the Commerce Committee—
Noting that the Minister has effectively dismissed the views of Keith Turner and those of the chief executive of Meridian Energy, Murray Jackson, both of whom this morning at the Commerce Committee—

Hon Dr Nick Smith Is the Minister aware that the chief executives of Meridian Energy and Genesis Energy, the Government’s two biggest power companies, told a select committee this morning that they have ...
Is the Minister aware that the chief executives of Meridian Energy and Genesis Energy, the Government’s two biggest power companies, told a select committee this morning that ...

Hon Dr Nick Smith How can the Minister say to the House that Keith Turner from Meridian Energy said that no further action was required, when both he and officials from Genesis Energy told the select committee ...
How can the Minister say to the House that Keith Turner from Meridian Energy said that no further action was required, when both he and officials from Genesis Energy told the select ...

Hon Dr Nick Smith How does the Minister reconcile his answer that Meridian Energy had told him yesterday that no action was required by the Government, with his answer to the next supplementary ...
How does the Minister reconcile his answer that Meridian Energy had told him yesterday that no action was required by the Government, with his answer to the next ...

Electricity Transmission—Capacity 17 Nov 2005

Hon Dr NICK SMITH Does he agree with the statement by Keith Turner, Chief Executive of Meridian Energy, on Campbell Live, Monday 14 November, that “we have not kept up with the investment programme that transmission ...
Does he agree with the statement by Keith Turner, Chief Executive of Meridian Energy, on Campbell Live, Monday 14 November, that “we have not kept up with the investment programme that ...

Address in Reply 15 Nov 2005

PETER BROWN ... [Interruption] I repeat to the member: there will be no further strategic asset sales. That means we will be keeping Meridian Energy, Mighty River Power, Genesis Power, Transpower, TVNZ, New Zealand Post, and Kiwibank. There will be no “for sale” ...
... [Interruption] I repeat to the member: there will be no further strategic asset sales. That means we will be keeping Meridian Energy, Mighty River Power, Genesis Power, Transpower, TVNZ, New Zealand Post, and Kiwibank. There will be no “for ...