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.
Related Topics: Energy
Govt plan to encourage new energy investment won’t cut costs for ordinary Kiwis
Today 12:00pm
By Liz Kivi | While gentailers and major energy users have welcomed the Government’s plan to leverage public sector demand to drive new energy projects, an expert says it is unlikely to reduce prices for ordinary people.
Gas security fund panel named – but projects still hush-hush
Today 12:00pm
The Government’s $200m Gas Security Fund has attracted interest from “several” entities, but officials are refusing to disclose who is circling or what types of projects are being put forward, leaving the market to take the programme’s credibility largely on trust.
Mercury ramps up renewable investment with $1b pipeline
Wed 25 Feb 2026
Mercury is accelerating investment in wind, geothermal and hydro assets, reinvesting $270 million — half its half-year earnings — into new and existing renewable generation.
Government invests $200m towards Genesis Energy's $400m capital raise
Mon 23 Feb 2026
The Government has confirmed it will buy up to $200 million of new Genesis Energy shares as part of a capital raise announced by the company this morning.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Renewables could meet energy gap without LNG imports: report
18 Feb 2026
By Shannon Morris-Williams | Importing liquefied natural gas to support electricity supply could lock households and businesses into higher energy costs for decades, while cheaper and more secure alternatives are already available, according to a new report from the New Zealand Green Building Council.
Flawed decision-making around taxing electricity to fund LNG import terminal
16 Feb 2026
By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.
Lawyers seek answers on climate impacts of LNG import facility
13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
LNG plan risks fossil fuel dependency: Environment Commissioner
11 Feb 2026
By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.
Govt backs LNG imports
10 Feb 2026
By Pattrick Smellie | The Government will rush to put in place contracts for the construction of a liquefied natural gas import facility by mid-year, claiming it will smooth electricity price volatility and underpin investment in renewable energy projects.