Millions on research could mean billions in earnings
29 Jul 2008
Nearly $80 million was granted to renewables and climate change projects in the latest Foundation for Research, Science and Technology funding round, on top of the $1.85m the Marine Energy Deployment Fund granted to Crest Energy’s tidal energy project in the Kaipara in May.
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Story copyright © Carbon News 2008
Surge of lobbying over electricity sector review
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Jostling and lobbying have intensified ahead of the release of a review into the electricity sector.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
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By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
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The Business NZ Energy Council (BEC) welcomed the Government’s gas announcement as signalling “willingness to deal with parts of the issue from an energy supply perspective and aims to rebuild confidence in the sector”.
Govt consulting on hydrogen
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The government is consulting on proposed regulatory options for the development of naturally occurring and orange hydrogen.
Public distrust over electricity sector
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A poll found that nearly half of New Zealanders feel more concerned about their power bill than last year and believe breaking up the electricity gentailers could improve competition.
Flick flicked on
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There is a certain irony that one of the most vocal and public critics of the gentailers and the electricity market – Flick Electric – has been taken over by the largest gentailer – Meridian Energy.
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The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
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Talks about the future of the third Rankine unit at Huntly continue as Genesis reported a third quarter result that showed the rise of coal and the decline of gas.
