"There is no doubt that confidence in the electricity market has been hugely damaged once again."
The project would make New Zealand the world leaders in green energy.
Is the country's supply of petrol, diesel and jet gas becoming more vulnerable to disruption? Yes, and no.
But while wholesalers are footing the bill, most retail customers won't have noticed yet.
Construction of Mercury's Turitea Wind Farm started 18 months ago, and it's not been without its challenges.
Low hydro-dam levels not seen since the 1990s could mean high electricity prices for us all.
The incoming President will reportedly cancel a permit for the $8b project over climate change concerns.
Biden has promised to reverse the US' move back towards coal and fossil fuels.
The Government is hoping to help give power to the people by lowering energy costs.