New Zealand: Energy
Tiwai deal could lead to multi-billion dollar govt carbon pollution subsidy
5 Jun 2024
Rio Tinto could get close to a million free carbon credits each year under its new electricity supply deal for Tiwai Point Aluminium Smelter - a government subsidy that could amount to a possible $2 billion during the 20 year life of the deal, according to campaigners.
Rain brings relief to hydro lakes
24 Apr 2024
Recent heavy rain over the southern hydro lakes has given much needed relief as the major electricity companies reported on their performance to date.
NZ needs to electrify faster - gentailers
9 Apr 2024
MPs have agreed with concerns that if New Zealand does move faster to electrify the economy there will be consequences - including the cost of not meeting greenhouse gas emission reduction targets.
Offshore wind could create 10,000 jobs and add nearly $50b to GDP - study
20 Mar 2024
Developing an offshore wind energy industry will play a critical role in helping Aotearoa meet rising demand for clean energy as well as net zero commitments, according to a new study released today.
It’s now cheaper for Kiwis to go fully electric
18 Mar 2024
New Zealand is one of the first places in the world where electric appliances and vehicles are now more affordable than their fossil fuel equivalents, according to a new report.
Commerce Commission approves Transpower grid investment
5 Mar 2024
The Commerce Commission has approved Transpower’s proposed $392.9 million investment in the national grid, and is satisfied that the identified need to strengthen the electricity transmission system over the next decade is in the long term interests of Kiwi consumers.
Tiwai Point’s future still in question
4 Mar 2024
For those waiting for news about an agreement on Tiwai Point aluminium smelter's electricity supply, there were very few smoke signals from the major companies' half-year earning results.
Lodestone opens first North Island solar farm
1 Mar 2024
Lodestone Energy has flicked the switch on at its first solar farm in Kaitaia, and announced a further $55m capital raise to continue its solar farm expansion.
Genesis reflects on bad spell and the future
28 Feb 2024
Genesis Energy says it will decide by the end of the year about whether it is possible to use biomass at the Huntly power station.
Genesis plans $1.1 billion spend on renewables - while still relying on fossil fuels
4 Dec 2023
Genesis Energy has unveiled its plans to find a way forward using profits from the Kupe field to refresh Huntly as a lynchpin in the electricity network as it pushes towards 100% renewables.
Energy regulators must consider climate - Transpower
15 Nov 2023
The energy sector’s regulators need to be given explicit requirements to include climate change as part of their regulatory considerations, says Transpower.
Commerce Commission should expect backlash from lines companies
9 Nov 2023
There is likely to be a strong backlash from the regulated lines companies at the Commerce Commission’s initial views on their revenue path from 2025 to 2030.
Energy companies team up on windfarm ventures
27 Oct 2023
Manawa Energy is teaming up with Pioneer Energy on plans for a new 300 MW wind farm in South Otago, expected to cost $750m to $900m. And Meridian Energy and NZ Windfarms have agreed to a 50-50 joint venture to repower and extend the Te Rere Hau wind farm in Tararua.
Fossil fuels drag down Genesis Energy share price
24 Oct 2023
Genesis Energy told shareholders that its involvement with fossil fuels was a drag on its share price, but the market was slowly realising the role gas had in backing up renewable electricity for a long time to come.
Meridian looks at offshore wind - warns about ETS
17 Oct 2023
Meridian Energy has signed a memorandum of understanding with European-based Parkwind to explore offshore potential focused principally on the Taranaki coast and is still optimistic about getting its hydrogen project over the line.
National's offshore wind policy
16 Oct 2023
National has pledged to introduce an offshore wind regime that largely builds on work underway in the Ministry of Business, Innovation and Employment, but with a few nuances.
Generators worry about thermal transition
11 Oct 2023
A number of major generators have taken issue with the Electricity Authority’s view that the risks around the thermal generation transition and managing dry years are low.
Outgoing EECA boss on energy efficiency policy
25 Sep 2023
Despite the rapid expansion of the Government’s retrofitting housing for energy efficiency, there is still easily five years of work at the current pace to make a serious dent in improving New Zealand’s housing stock, says the outgoing head of the Energy Efficiency and Conservation Authority Andrew Caseley.
Green investment fund leads $170 million capital raise for solar
21 Sep 2023
New Zealand Green Investment Finance (NZGIF) has led a $170 million capital raise attracting international investors to launch its solar finance programme.
Renewable electricity at record high
15 Sep 2023
Renewable electricity generation was at 91% for the June 2023 quarter - up 10% on the previous June.
Commerce Commission issues 'please explain' to fuel companies over pricing
12 Sep 2023
The Commerce Commission is seeking an explanation from the major fuel companies about anomalies in retail fuel pricing over the first year of monitoring under the new Fuel Industry Act regulatory regime.
Channel Infrastructure’s profit increases, looks to a future in jet fuel
8 Sep 2023
Channel Infrastructure reported increased profit and forecast higher dividends as it released its results for the six months ended 30 June 2023.
NZ Oil and Gas reports higher production
5 Sep 2023
New Zealand Oil & Gas reported a $19.1 million net profit after tax for the year to June 30, down from the previous year’s $25.7m, reflecting spending associated with increasing oil and gas production.
Solar promises slowly rise
28 Aug 2023
After much talk and numerous announcements and re-announcements, it appears some grid-scale solar farms are finally nearing completion and others crawling closer to starting.
Analysts predict carbon price will hit $140 by 2050
25 Aug 2023
Analysts are predicting the spot price of NZUs will rise to $150 by 2050 - a level they say will negatively affect some of New Zealand’s big energy gentailers and encourage behavioural change from carbon polluters.
Renewables at record high - MBIE
18 Aug 2023
Eighty-seven per cent of electricity generated over 2022 came from renewable sources, while total energy supply from renewables reached 44% - a record high according to the Ministry of Business, Innovation and Employment (MBIE).
Hydrogen summit coming to Wellington
15 Aug 2023
New Zealand’s second international hydrogen summit, in Wellington next month, will feature international speakers representing global shipping and aviation.
Electricity markets paper brings back some old ideas
14 Aug 2023
Radical electricity market reforms including the separation of the major gentailers and the creation of a single buyer are two of the many, many options put forward in one of the Government's Energy Strategy consultation papers.
$2 billion climate fund to back 100% renewable electricity
9 Aug 2023
Investment giant BlackRock has announced a $2 billion climate infrastructure fund in New Zealand to unlock investment to support 100% renewable electricity generation.
Investment positive - but still hurdles to overcome to reach renewable electricity target
9 Aug 2023
By Ralph Sims | It’s been a good week for encouraging the uptake of renewable electricity generation in order to get closer to the Government’s 100% target by 2030.
Govt refers wind and solar developments for fast-tracked consenting
8 Aug 2023
The government is fast-tracking nine solar power projects and three wind farm projects, with the combined projects potentially generating nearly four times the output of the Clyde Dam.
Additional funding for energy centre
25 Jul 2023
The government has announced an additional $70 million of funding for Ara Ake future energy centre over ten years.
The world should fast track green energy. But not because of climate change
5 Oct 2022
A rapid transition to green energy is likely to save the world trillions of dollars compared to sticking with the current fossil fuel-based energy system, according to a new analysis.
Infra Com hot on renewables, cool on Onslow
13 Jun 2022
By Ian Llewellyn - Energy & Environment | The Infrastructure Commission believes that New Zealand has more than enough natural renewable energy resources to power the country’s zero carbon emissions goals.
The clean energy transitions enters hyperdrive
29 Nov 2021
After decades in which governments and industry groups have often assumed that the shift to renewable energy will be a financial burden, economists and analysts are increasingly making a case that the opposite is true: The transition will lead to cost-savings on a massive scale that will add to its momentum.
Green hydrogen’s falling costs undermines case for blue hydrogen
29 Sep 2021
New research predicts that green hydrogen — a clean fuel produced from water using renewables — will be comparable in cost and likely cheaper than blue hydrogen by 2030.
Getting fuel prices right is key to reducing carbon emissions: IMF
27 Sep 2021
Global fossil fuel subsidies amounted to $6 trillion in 2020, with more than 70 per cent reflecting "undercharging" for environmental costs, which makes it imperative to set the right price for fuels to reduce carbon emissions, the International Monetary Fund has said.
Coal prices surge as power crunch upends effort to cut emissions
22 Sep 2021
Prices for coal are surging around the world as a shortage of natural gas spurs demand for the dirtiest fossil fuel to generate electricity.
New Norwegian wind turbine five times more efficient
14 Sep 2021
Norwegian company Wind Catching Systems is developing a floating, multi-turbine technology for wind farms that could generate five times the annual energy of the world’s largest, single wind turbine.
G20 climate and energy ministers split over coal exit
27 Jul 2021
China, Russia and India are among countries resisting a timeline to phase out coal power generation, leaving it to leaders to resolve the impasse.
Convert Marsden Point to produce bio-crude: Bioenergy Assoc
26 Jul 2021
The government is asleep at the wheel and should be pushing for the Marsden Point Refinery to be repurposed to produce bio-crude, the executive officer of the Bioenergy Association, Brian Cox, says.
Climate change action will create millions of jobs
26 Jul 2021
Hitting global climate target could create eight million energy jobs mainly in the renewable energy sector, a new study says.
The future of energy is a symbiotic grid
26 Jul 2021
In a decade-long building boom of renewable energy, we’ve reached a milestone. There are now one billion watts of wind and solar installed across the world. That’s about half the capacity of all coal and three times that of all nuclear.
Firstgas ordered to withdraw misleading advert
23 Jul 2021
Firstgas has been ordered by the Advertising Complaints Authority to withdraw an advert that suggested customers could continue to use gas without contributing carbon to the atmosphere.
Bioenergy Assoc responds to environmental concerns
22 Jul 2021
Last week we published an article outlining the concerns of a coalition of zero waste and regenerative farming groups about the potential for biogas development to lock in unsustainable farming practices. Today the Bioenergy Association's executive officer Brian Cox responds.
Wind energy sector calls for G20 action
20 Jul 2021
The leading CEOs of the global wind industry have united to call on G20 members to show leadership in the climate crisis by raising national ambitions and urgently laying out concrete plans for increased wind energy production to replace fossil fuels.
Coal's share of electricity generation doubles in March quarter
11 Jun 2021
The first three months of this year saw the percentage of carbon spewing, coal-generated electricity double compared to the same period last year.
Fossil-fuel shares fall while clean energy is on the rise
1 Apr 2021
The value of share offerings in fossil fuel companies has dropped by almost 20 per cent since 2012, while low-carbon companies gained ground in a shift towards clean energy, a report by think-tank Carbon Tracker show.
We could be cooking with hydrogen by 2030
29 Mar 2021
New Zealand could start using a hydrogen-blended gas by 2030 and 100 per cent "green" hydrogen by mid-century.
The real reason humans are the dominent species
29 Mar 2021
Energy is the key to humanity's world domination. Not just the jet fuel that allows us to traverse entire continents in a few hours, or the bombs we build that can blow up entire cities, but the vast amounts of energy we all use every day.
'Atrocious' and 'bizarre': experts slam Act Party's climate policy
Today 12:15pm
By Liz Kivi | The Act Party is promising to challenge New Zealand’s Paris Agreement climate target, while the coalition Government’s other minor partner, NZ First, also says it wants to reevaluate the country’s commitment to the international treaty.
International scientists slam NZ govt's proposed approach to methane
13 Aug 2025
New Zealand's proposed approach to methane emissions has again been attacked by international climate scientists, with a new study saying the attempt to redefine climate target-setting by livestock-exporting countries undermines the transition to a sustainable and equitable food system
Marginal drop in last year's regional emissions
27 Aug 2025
Regional greenhouse gas emissions were down slightly last year, with a fall in gas supply leading to a big drop in Taranaki, but more coal burnt leading to higher emissions in Waikato, according to new figures from Stats NZ
Air NZ declares surprisingly low SAF prices
Today 12:15pm
By Pattrick Smellie | Air New Zealand is able to source sustainable aviation fuel at between 1.5 and 2.5 times the price of conventional fossil fuels used for flying, all sourced from the US.
Certainty crucial to emissions cuts – Watts
20 Aug 2025
By Shannon Morris-Williams | Climate Change Minister Simon Watts says that policy certainty is the Government’s primary lever for unlocking private capital and meeting climate targets, telling a carbon forestry conference that ETS settings are 'locked' through 2030.
Climate-friendly investment still lagging in NZ
Tue 2 Sep 2025
While local financial firms have made recent strides in climate governance and emissions reporting, New Zealand’s institutional investors are still missing in action when it comes to backing clean technologies and climate solutions, according to a new report.
