New Zealand: Energy
Meridian's shocker result and way forward
7 Mar 2025
Meridian's was expected to be a shocker of a result and, as predicted, earnings, cash flow and net profit were all down for what was its worst ever half year report since listing.
Gentailers take stock after winter energy crunch
25 Feb 2025
The half-year reporting season showed the different impacts of the difficult winter in 2024, with Contact and Genesis being the first to release results.
Watts waves the regulatory stick at gentailers
18 Feb 2025
Energy Minister Simon Watts said the Government would not accept another repeat of last winter's events in the electricity market but stopped short of saying what ministers would do if it did happen again.
Researchers look to underground future for hydrogen
5 Feb 2025
Kiwi researchers are modelling the injection, storage and extraction of 10,000 tonnes of underground hydrogen at a natural gas storage site in Taranaki.
Offshore energy bill gets almost full support
28 Jan 2025
The Offshore Renewable Energy Bill received general support in Parliament when it received its first reading late last year.
SolarZero in liquidation
27 Nov 2024
Innovative solar energy pioneer SolarZero has been put into liquidation.
Crown Minerals Bill progresses
26 Nov 2024
The Crown Minerals Amendment Bill is set to pass into law in the last parliamentary session of the year beginning December 10.
Energy market settings holding back demand response
25 Nov 2024
A study of large energy users has concluded that changes to the electricity market are needed to make demand response management viable.
Contact Energy to build a new geothermal plant at Wairakei
21 Nov 2024
Contact Energy has announced a significant investment in the redevelopment of its Wairakei geothermal power station.
Govt ring-fences $60 million to investigate new geothermal energy
14 Nov 2024
The government is putting aside $60 million to investigate new geothermal energy generation technology, which has the potential to boost renewable energy output and slash emissions.
Legislation to bring back oil and gas exploration advances
12 Nov 2024
The controversial bill to restart oil and gas exploration completed its second reading in Parliament last week after being reported back from select committee.
Electricity sector risks from climate change: analysis
6 Nov 2024
A review of the electricity sector's mandatory climate disclosures by Forsyth Barr has not changed the analysts’ investment views of the companies.
Solar’s rising shine in NZ
5 Nov 2024
Household solar and battery storage is expanding rapidly, according to Transpower.
Channel looks to energy centre - pushes out peak petrol prediction
4 Nov 2024
Channel Infrastructure has outlined ambitious plans for an energy precinct on its Marsden Point land using its infrastructure and assets to entice in other energy project developers.
Offshore wind energy company pulls out of NZ
25 Oct 2024
Spanish offshore wind energy company Bluefloat has announced it is pulling out of its New Zealand projects, citing the potential clash with seabed mining off Taranaki.
Govt policy statement urges Electricity Authority to keep up the pace
21 Oct 2024
The Government policy statement sent to the Electricity Authority puts an emphasis on implementing its past and current work programme as quickly as possible, while maintaining the market fundamentals.
Lakes refill but concerns remain about next winter
15 Oct 2024
Lake Pūkaki returned to its long-term average storage level for the first time since May.
Channel looks at multi-million dollar biorefinery at Marsden Point
8 Oct 2024
Channel Infrastructure is exploring a groundbreaking opportunity to transform its Marsden Point facility into a biorefinery, showcasing the potential of its real estate.
Govt fossil fuel plan will increase costs and emissions and won’t help energy security: Hood
2 Oct 2024
The government’s plan to restart oil and gas exploration won’t improve New Zealand’s near-term energy security challenges, and signals a long-term direction for the energy system with higher costs, less security, and higher greenhouse gas emissions, according to an expert.
Restarting oil and gas exploration risks free trade agreements: official advice
1 Oct 2024
Ministry of Foreign Affairs and Trade advice to the government says that restarting offshore oil and gas exploration is likely to breach the Free Trade Agreement between New Zealand and the European Union.
Energy rationing proposal shot down by MfE
30 Sep 2024
By Shannon Williams | Tradable energy quotas must be in place before New Zealand has a fuel shortage crisis, Degrowth Aotearoa told a select committee.
Govt allows only five days for submissions on repeal of oil and gas ban
27 Sep 2024
By Liz Kivi | The government is allowing only five days for the public to make submissions on legislation to restart oil and gas exploration.
Oil and gas industry slows energy transition as focus shifts back to fossil fuels, says GlobalData
24 Sep 2024
The oil and gas industry has pursued energy transition avenues to decarbonise, however heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels.
Canadian company looking at Taranaki oil and gas
23 Sep 2024
Canadian energy company Monumental Energy is exploring oil and gas opportunities in the Taranaki region this week in partnership with New Zealand Energy Corp.
Manawa deal: a red rag to a bull
18 Sep 2024
Contact’s proposal to takeover Manawa may make commercial sense, but it is like waving a red rag at a bull when it comes to the politics of the move.
Emissions down overall, despite higher electricity emissions
16 Sep 2024
By Robert McLachlan | Although emissions from electricity have increased, according to the latest data, use of oil, coal, and gas has dropped off compared to the previous quarter.
Solar picking up pace
13 Sep 2024
The solar rush continues to pick up pace with Lodestone Energy starting construction on its fourth North Island utility-scale solar farm near Whitianga.
Rain, demand and prices fall
10 Sep 2024
After more than a month of elevated wholesale electricity prices, heavy rain, access to gas and more wind combined to drive spot prices down to virtually zero dollars in the last week or so.
Offshore renewables plan ignores risks: environmentalists
9 Sep 2024
The government’s plan for offshore renewables ignores environmental risks, according to the Environmental Defence Society.
Offshore electricity generation policy to speed up consents
6 Sep 2024
The Government reiterated the next steps of its ‘Electrifying New Zealand’ policy when it announced its response to the energy shortage. However, it also released details on how the offshore electricity generation regime would work.
Risks and rewards of LNG imports
4 Sep 2024
The move to import liquefied natural gas (LNG), mainly to power electricity generation, has had a mixed reaction among the major players.
Could we use hydro resources to ‘plug the gaps’ in NZ's electricity system?
29 Aug 2024
By Ian Mason | The recent spike in wholesale electricity prices due to a combination of fossil (natural) gas shortages and low hydro lake levels has prompted considerable discussion about ways to avoid this happening in the future.
Greenpeace slams plans for LNG import terminal
27 Aug 2024
Greenpeace has slammed the government’s plans for an LNG fossil gas import terminal.
Gentailers report mixed results amid pricing concerns
27 Aug 2024
Three of the four gentailers reported mixed results last week amid serious concerns about current wholesale electricity prices and long-term pricing.
NZ and UK set to partner on offshore wind
26 Aug 2024
Favourable winds may see New Zealand collaborating with the UK on renewable offshore power generation.
Gas deal done
20 Aug 2024
Methanex took one for the team and a hefty pay check when it closed down operations to sell a large amount of gas for Contact and Genesis.
Electricity Authority looks for answers at ‘tricky stage’ in energy transition
15 Aug 2024
The Electricity Authority says this week it will consider more possible regulatory interventions and release more data on wholesale electricity price volatility.
What can govt do about electricity sector's 'perfect storm'?
13 Aug 2024
As shortages of gas and water drive wholesale electricity prices to never seen before levels, the question is what, if any, interventions politicians might make.
Hope or hype? NZ needs to be realistic about the clean energy potential of green hydrogen
5 Aug 2024
By Ian Mason and Robert McLachlan | The recent failure of a deal to deliver hydrogen-powered trucks to New Zealand, and the removal of a NZ$100 million government rebate scheme for green hydrogen users in the 2024 budget, make a transition to the much-lauded energy technology increasingly less certain.
Meridian plans to ramp up new generation
8 Jul 2024
Meridian’s first investor day in three years was mainly an update on how it saw the sector and its business after the Tiwai Point smelter deal was finalised.
Govt restoring legal requirement to promote mining
13 Jun 2024
The government’s proposed reform of the Crown Minerals Act goes further than just repealing the 2018 ban on new petroleum exploration outside onshore Taranaki.
Climate activists force conference to move online
10 Jun 2024
A planned blockade by climate activists has forced organisers to cancel in-person elements of the Energy Resources Taranaki Forum, scheduled to take place on June 12.
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.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
Thu 2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
Annual emissions fell to lowest in 15 years in Sept 2025
5 Feb 2026
By Pattrick Smellie | New Zealand’s greenhouse gas emissions fell to their lowest annual total in the year to September 2025 since records began 2010, according to Statistics New Zealand data published this morning.
Free fares call as fuel crisis impacts school attendance
Today 11:30am
An open letter is urging the Government to make public transport free for all school children and subsidised for students under 25, as rising fuel costs begin to impact attendance and access to education across the country.
Wellington planting nears one million trees
30 Mar 2026
By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.
Businesses look for ways to cut costs in response to oil shock
1 Apr 2026
New Zealand’s small and medium-sized businesses are looking for ways to ease the pressure as global tensions see rising fossil fuel prices and diminishing supply, with decision-makers mulling measures including work-from-home polices and transport or logistics changes.
