Raetihi, New Zealand, holds a public meeting to discuss potential mill closures due to high energy prices, with mill owners seeking a $100/MWh electricity price.

Raetihi, New Zealand, is holding a public meeting to discuss the potential closure of two local mills due to high energy prices. Mill owners are seeking a $100/MWh electricity price to remain competitive, and Ruapehu Mayor Weston Kirton suggests the government could offer a subsidy, similar to the Tiwai Point aluminium smelter. Kirton also criticizes the government's ownership of energy companies, while community leaders and politicians call for long-term solutions to lower energy spot prices and address renewable energy investments.

August 27, 2024
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