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'There are better solutions': Octopus Energy head outlines hopes for planned reform

Author
Newstalk ZB,
Publish Date
Mon, 1 Sept 2025, 5:41pm

'There are better solutions': Octopus Energy head outlines hopes for planned reform

Author
Newstalk ZB,
Publish Date
Mon, 1 Sept 2025, 5:41pm

There's hopes from one electricity retailer that the Government may underwrite generation projects. 

The Government is expected to make decisions this month on reforming the energy sector - after it asked global consultancy company Frontier Economics to report back on what's needed. 

Octopus Energy chief executive Margaret Cooney says underwriting's worked in the past with the ultra-fast broadband rollout. 

"You can do that by issuing a tender, getting long-term contracts and new supply to come into market as soon as possible." 

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