There's hopes from one electricity retailer that the Government may underwrite generation projects.

The Government is expected to make decisions this month on reforming the energy sector - after it asked global consultancy company Frontier Economics to report back on what's needed.

Octopus Energy chief executive Margaret Cooney says underwriting's worked in the past with the ultra-fast broadband rollout.

"You can do that by issuing a tender, getting long-term contracts and new supply to come into market as soon as possible."

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