Michaël Sage

Oct 21, 2024 | lexology.com | Rob Macredie |Chris Browne |Simon Vannini |Michaël Sage |Nina Blomfield |Sally Mckechnie

On 11 October 2024, the Government released a new Policy Statement (GPS) for the electricity industry, outlining priorities and providing clear signals to the Electricity Authority Te Mana Hiko (EA) and wider sector about the expected regulatory settings during the Government’s term in office. The EA must have regard to the GPS when carrying out its role as the energy sector regulator.

Jul 18, 2024 | lexology.com | Mark Gillard |Shanti Frater |Michaël Sage |Michael Weatherall |Rob Macredie |Sonia Vitas

As New Zealand continues towards electrification of its energy system to facilitate the transition to net zero emissions, more renewable energy projects are starting to move through the development phases and reaching the start of construction.

Jun 12, 2024 | lexology.com | Greg Allen |Tara Wylie |Don Holborow |James Hawes |Michael Pollard |Michaël Sage | +1 more

On 10 June 2024, the Associate Minister of Finance, Hon David Seymour, issued a new Ministerial directive letter relating to the processing of applications by the Overseas Investment Office (OIO).

May 20, 2024 | lexology.com | Michaël Sage |Nina Blomfield |Simon Vannini |Alice Poole |Andrew Tetzlaff |Rosie Dossor

In contracts where achieving a specific outcome is crucial but the exact steps to reach it are uncertain, parties often include a clause requiring one or both sides to take “reasonable steps” or to use “reasonable endeavours” to reach the desired result. This approach ensures a commitment to the goal while allowing flexibility in how it is pursued. The recent High Court decision in Remediation NZ Ltd v Enviro NZ Ltd confirms what taking “all reasonable steps” requires.

Feb 26, 2024 | lexology.com | Michaël Sage |Simon Vannini |Amanda Stephenson |Chris Browne |Rob Macredie

2024 is set to be a busy year for electricity distribution businesses (EDBs) with several significant regulatory changes in the pipeline. In this legal update we focus on regulatory changes being progressed by the Electricity Authority (Authority) in 2024. Future operation of New Zealand’s power systemThe Authority is consulting currently on future challenges and opportunities with the operation of the power system.