Mighty River Power Limited
- Mighty River Power Limited
Mighty River Power Limited is a New Zealand electricity generation and electricity retailing company. It was formed from the breakup of the Electricity Corporation of New Zealand (ECNZ) in 1999 as a result one of the reforms of the New Zealand Electricity Market and corporatised to become a state-owned enterprise with its own board of directors and Ministerial shareholders. The shareholders are the Minister of Finance and the Minister of State Owned Enterprises.
The company owns and operates the hydroelectric generating stations on the Waikato River as well as geothermal plants in the Taupo area, the combined cycle Southdown plant in south Auckland and the largely unused plant (Marsden A and Marsden B) at Marsden Point near Whangarei.
Mighty River Power produces approximately 12% of the country's power needs [ [http://www.med.govt.nz/templates/MultipageDocumentTOC____36571.aspx MED Energy Data File 2008] ] . According to its own website, the company supplies 22% of New Zealand peak energy demand, with about 80% of this coming from hydro-power. [ [http://www.mightyriverpower.co.nz/aboutus/generation/default.aspx Mighty River Power: About Us: Generation] (from the official company website. Retrieved 2007-12-01.)]
Power Stations
Developments
Subsidiaries
In addition to its generation assets, Mighty River Power also incorporates:
* Mercury Energy, an electricity and gas retailer
* Metrix, a metering and meter-reading business
References
External links
* [http://www.mightyriverpower.co.nz Mighty River Power]
Wikimedia Foundation.
2010.
Look at other dictionaries:
Mighty River Power — Type State owned Industry Electric power generation Predecessor Electricity Corporation of New Zealand Founded 1 April 1999 (1999 04 01) Headquart … Wikipedia
Kawerau geothermal power station — The Kawerau geothermal power station is a 90 megawatt geothermal power plant located just outside the town of Kawerau in the Bay of Plenty region New Zealand. The power station is situated within the Kawerau geothermal field, which is part of the … Wikipedia
Meteorological Service of New Zealand Limited — Meteorological Service of New Zealand Type State owned enterprise Industry Meteorology Founded 1992 (1992) … Wikipedia
Orion New Zealand Limited — Orion Industry Electricity distribution Predecessor Southpower Founded December 1998 (December 1998) Headquarters Christchurch, New Zealand … Wikipedia
Missouri River — Coordinates: 38°48′49″N 90°07′11″W / 38.81361°N 90.11972°W / 38.81361; 90.11972 … Wikipedia
Congo River — The Congo River River The Congo River near Mossaka … Wikipedia
Saint Lawrence River and Seaway — ▪ river, North America Introduction hydrographic system of east central North America. It connects the North River (source of the St. Louis River, in the U.S. state of Minnesota, which flows into Lake Superior) with Cabot Strait, leading into… … Universalium
New Zealand Electricity Market — The New Zealand Electricity Market is a mixture of state owned enterprises, trust owned companies and public companies.BackgroundUp to 1994, New Zealand had a system of monopoly providers of generation, transmission, distribution and retailing.… … Wikipedia
Electricity sector in New Zealand — The electricity sector in New Zealand uses mainly renewable energy sources such as hydropower, geothermal power and increasingly wind energy. The 70% share of renewable energy sources makes New Zealand one of the most sustainable countries in… … Wikipedia
Public sector organisations in New Zealand — New Zealand This article is part of the series: Politics and government of New Zealand Constitution … Wikipedia