Richard Homewood: Taslink Co-Director on the potential link easing New Zealand and Australia's power issues

There's a vision Australia and New Zealand can help ease each other's seasonal electricity woes.  Company Taslink is proposing a massive underground trans-Tasman cable, allowing surplus power to be transferred between the two countries.  It estimates the link would increase our power grid's capacity by about 40%.  Co-Director Richard Homewood told Mike Hosking it would have meant 20% lower power prices last winter.   He says Australia has the opposite problem, with power outages during the hot summer days, when we have a surplus.  LISTEN ABOVE See omnystudio.com/listener for privacy information.