ETS puts NZ power users $360m behind Australia
20 Jan 2009
New Zealand electricity users are at a $360 million-a-year disadvantage when compared with our transtasman neighbours, thanks to the emissions trading scheme.
And that figure that could rise to $720 million per annum by 2011.
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Story copyright © Carbon News 2009
Surge of lobbying over electricity sector review
Today 10:30am
Jostling and lobbying have intensified ahead of the release of a review into the electricity sector.
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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”.
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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.
Methanex closure comes early this year
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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.
Genesis reports rising coal, declining gas
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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.
