Hydro-Electric Power Cheaper
(New Zealand Press Association) WELLINGTON, February 7. Nuclear and oil thermal power stations would be considerably more expensive to establish than new hydro-electric stations and would involve a greater expenditure of overseas funds, said the general manager of the New Zealand Electricity Department, Mr E. B. Mackenzie, today.
He told Wellington Rotarians that this was particularly true in the case of nuclear stations, where the fuel once used would have to be returned to Northern Hemisphere stations to be decontaminated.
generating and transmission system since 1945. Of this 75 per cent was borrowed and the gross sales of electricity over the last 20 years had only amounted to 10 per cent of the capital invested iti the development of the industry. Over the next 20 years the electrical supply system would have to expand four times as much as it did over the last two decades to meet the demand, said Mr Macken zie.
To meet tins demand there would have to be a greater development of the potential of the Waitaki, Clutha, and Buller rivers.
Mr Mackenzie said that the New Zealand Electricity Department has spent £3OO million on the development of a
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Press, Volume CV, Issue 30979, 8 February 1966, Page 18
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197Hydro-Electric Power Cheaper Press, Volume CV, Issue 30979, 8 February 1966, Page 18
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