New Zealand's energy crisis: Why are power prices soaring?

Back in May on The Front Page, in the wake of warnings about overuse of the power grid, we discussed what challenges faced the energy sector for the winter ahead. Over the last few weeks, those challenges have become more and more apparent, with diminishing supply sparking rising power prices across the country. It has prompted the Government to this week announce it is fast tracking a new liquified natural gas import terminal, amongst other measures. So what’s behind this latest energy crisis, and what can the Government do to stop this? Today on The Front Page, we’re joined again by the Major Electricity Users Group Chair John Harbord to analyse this latest crisis. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsSound Engineer: Paddy FoxProducer: Ethan SillsSee omnystudio.com/listener for privacy information.