22-04-2022, 02:30 PM
(21-04-2022, 05:44 PM)harm_less Wrote:The biggest issue with new Hydro isn't the money - it is environmental issues.  The last major hydro plan was scuppered for that reason not money.  That is why it is doubtful any new hydro will be built in this country.(21-04-2022, 05:09 PM)The BDI Wrote: Yes, I've seen large acreages covered in them in Eastern Europe.. viable flat farmland as far as I could tell.  Should not be put on viable flat farmland unless at a suitable height that allows grazing.The usual reason. Just follow the money. State funded hydro dams sold off on the sharemarket so their operation needs to turn a profit for the shareholders. That was a National government move that was great for investors but resulted in a situation that continues to distort the economics of the NZ electricity sector to the detriment of consumers.
Why are we not using our hydro potential to the fullest I wonder?