Electricity spot pricing – rip off or reasonable?

Articles

Electricity spot pricing – rip off or reasonable?

Posted 4 March 2019 by David Spratt

 [Electricity] Demand has, year on year, been steadily rising. This trend is likely to continue, so don’t look for much relief from higher electricity prices in the near term. I recently talked to a businessperson who had signed up to an electricity contract that had his company effectively speculating on the spot market. What the company didn’t realise (and wasn’t told) was that playing the electricity spot market was fraught with upside cost risk. In their case they are now paying more than three times the standard retail electricity rate for business, and facing significant...
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Hardworking and efficient hybrid SUV - Mitsubishi XLS SUV PHEV Review

Posted 10 February 2019 by David Spratt

Warning! Formidable Japanese electric vehicles (EVs) are coming to a dealer near you this year. After reviewing European and American EVs last year, I was offered the Mitsubishi XLS SUV plug-in hybrid electric vehicle (PHEV) to test during my holiday break. The XLS currently retails at $50,990 plus on-road costs (NZD). This puts it right in the sweet spot for businesses looking for a workhorse, four-wheel drive SUV. Unlike two years ago when high prices and low residuals were a real turnoff for businesses, electric and hybrid SUVs are now in high demand on the second-hand market, and...
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What does a risk-free cloud migration look like?

Posted 8 February 2019 by David Spratt

The below article was published recently in IT Brief New Zealand magazine. The -aaS consumption model is nothing new when it comes down to brass tacks - it's exactly how we've been consuming electricity ever since Edison and Tesla were squabbling. Over the last 130 or so years, electricity consumption has risen and with it, the cost. This is why Total Utilities stepped in to help businesses in New Zealand ensure that their power costs were being thoughtfully managed through analysis of quantitative and qualitative data. Now, the team at Total Utilities have brought their...
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The Power Plant Next Door

Posted 15 January 2019 by Chris Hargreaves

Throughout history technological advancement and change that has lasting impacts on humanity has largely come about through critical mass. As a child, I distinctly remember visiting a friends house and seeing their newly installed solar PV system on the roof. 25 years ago, this seemed like the future as I had only seen photos of such things in books about NASA and science fiction. While some technologies are adopted quickly into day to day life, it seems to be taking an age for solar systems to become common place. Obviously cost is major driver of this but then so too is how seamlessly...
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NZ Winners and Losers in the Spotlight in 2018

Posted 14 December 2018 by David Spratt

For the third year in a row BusinessPlus has allowed me the opportunity to take the mickey out of a select group of businesses and individuals in this satirical Christmas “awards” wrap-up. That’s a big call by the editor when my track record for saying the wrong thing at exactly the wrong time precedes me. If you are offended, I am in the phone book and on social media. If you have a laugh, then send the kudos to my brave editor.   Taking the Eye off the Prize Award – Auckland Council  When a huge storm with 200kph-plus winds blew out the candles on 150,000 Auckland...
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Is There a Magic Bullet for Energy Pricing?

Posted 14 November 2018 by Chris Hargreaves

The following post was written by Bryan Leyland for KiwiBlog. Bryan is an engineer with over 60 years experience in the energy sector and regularly comments on various topics. He is a strong believer in a single payer market and Carl Hanson, former head of the Electricity Authority argues against this here. At Total Utilities, we track the competitiveness of contestable costs and been doing so for nearly 20 years. While this data is representative of our customer base (which is made up of small and large commercial and industrial customers and does not include residential customers) we...
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Volkswagen e-Golf Review: This Hot Hatch Electric Vehicle Suits Me

Posted 14 November 2018 by David Spratt

In this exclusive series of articles by David Spratt, he explores the electric vehicle (EV) options for specific business uses. Part 3: Evaluating the Volkswagen e-Golf electric car. It may be that I have now test driven one too many electric vehicles (EVs), but I have become increasingly irritated by the clunky and, dare I say, ugly designs that have been rolled out by some manufacturers. Not the e-Golf, though. Volkswagen addresses this design challenge with a vehicle that feels familiar, comfortable and accessible from the moment you climb into it. Built from the ground up to...
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The Tesla Model S makes a statement of success

Posted 10 October 2018 by David Spratt

In this exclusive series of articles by David Spratt, he explores the electric vehicle (EV) options for specific business uses. Part 2: Evaluating the Tesla Model S P100D electric car What do you get when you mix an eccentric, Los Angeles-based, internet billionaire with the desire to build an electric vehicle with speed and acceleration to challenge the world’s top performance cars? The answer is the Tesla 100S, complete with vegan leather seats and “bio-weapon defence mode” to keep the car’s air fresh in case of anthrax attack. I started test-driving the Tesla S (P100D...
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Mercury's pioneering direct grid-connected battery: it’s large and in-charge

Posted 24 September 2018 by Richard Gardiner

During the recent two-day EMANZ Conference that I attended in Auckland with our Energy Manager, Tânia Coelho, I was struck by the surge of genuine enthusiasm for and commitment to renewable energy from the diverse group of Energy Managers and others who attended. In this regard, our country is in the fortunate position that 85% of our electricity supply already comes from renewable energy, mainly hydro-electricity, geothermal and wind-generation based. Successive National and Labour Coalition Governments have made a strong and binding commitment to New Zealand meeting its global carbon...
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Power Factor: Dark Arts and Wizardry?

Posted 11 September 2018 by Chris Hargreaves

I joined the energy industry 11 years ago this week, the time has flown by and a lot has changed since 2007. Technology has been the driving force and is currently revolutionising the energy market. While the fundamental mechanics remain similar, the way in which pricing is determined for end users (customer) has evolved rapidly and the future only suggests more change with Solar and other distributed generation becoming more cost-effective, battery storage, electric vehicles, blockchain peer to peer energy trading through to the potential of multiple retailers supplying energy to a single...
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