Tim Lusk, Meridian Energy Ltd - Talking Business 2011 Ep 20a

A review of the week in business, with expert analysis and commentary

Tim Lusk heads Meridian Energy Ltd, a state-owned enterprise that is New Zealand’s largest electricity provider and one that derives all of its energy from renewable sources. This is mainly hydro but, increasingly, wind and solar are taking up some of the load. New Zealand currently produces 74 per cent of its energy from renewable sources – hydro, geo-thermal, wind and solar – and plans to increase that percentage to more than 90 per cent by 2025.
Meridian is likely to be partially privatized and is already looking at selling its expertise to Australia. It has a wind power plant already operating in South Australia and is about to embark on building Australia’s biggest wind power plant in Victoria, at the Macarthur site, a joint venture with AGL.

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