Mike Roan – Manager Wholesale Markets, Meridian Energy

“Two frames that we really engage in. One is the New Zealand spot market for electricity and the systems we use are all electronic and we connect in real time to the system operator who runs a market that prices the sale of electricity every five minutes. So we run an internal system and Intranet and then we connect to the system operator via the Internet – as do all our competitors – and every five minutes, we are submitting offers for the sale of electricity to that company and the market clears and then we are paid based on those offers every five minutes. That sort of connectivity and real-time market operation is only possible because of the technology that has emerged over the last 10 years or so. If I go back, even 10-15 years, we had one supplier who set the price once-a-year – and here we are pricing it every five minutes and competing literally with the likes of Mighty River, TrustPower, Contact, Genesis for the right to sell electricity to wholesale customers and then ultimately retail it... every five minutes. It’s incredible how connectivity between people and us and our customers has changed due to the advent of technology and the systems that allow us to connect. It’s incredible.”


Down to the Wire is a story that evolves with your memories and contributions so please contribute personal anecdotes, key events and web resources you think others might find useful.

If you know of a good web resource with more information give us the http://www and we'll include it.
Remember something interesting from the year? Give us a quick story!
If you know of any significant event that you think we should mention - give us the details and we'll include it.
If you know someone who tells a great, kiwi Internet related, yarn - let us know who and we'll get in touch to ask them about appearing in a video.
Any general thoughts on the project? Likes or dislikes, let us know how we can evolve the site to be the best resource.

Add a Website of the Year

Down to the Wire is a story that evolves with your memories and contributions. Let us know what you think were the exciting local websites of the year.

Even on the Internet space is limited so we can't mention every site, but we'll do our best to include your suggestion if you tell us why.