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Stew Hamilton: Mercury Energy CEO on the Government's energy sector plans

Stew Hamilton: Mercury Energy CEO on the Government's energy sector plans

Published 5 months, 1 week ago
Description

Mercury Energy says the Government's new energy plan gives it confidence to keep investing in projects. 

It's offering Crown-controlled companies more capital to invest in generation projects, establishing a Liquefied Natural Gas import facility, and giving the Electricity Authority greater power. 

CEO Stew Hamilton told Mike Hosking businesses now have some form of clarity. 

He says it allows them to keep building at pace, adding they're on the right track, as more power projects have been delivered in the last 18 months than the past 15 years. 

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