Legislation to bring back oil and gas exploration advances
12 Nov 2024
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| Regional development and resources minister Shane Jones |
The controversial bill to restart oil and gas exploration completed its second reading in Parliament last week after being reported back from select committee.
Story copyright © Carbon News 2024
Here comes the sun: solar surge gathers pace
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More than $700 million of new solar investment advanced last week, underscoring the pace of the renewable buildout.
Scrutiny on energy security
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A special debate in Parliament put the Government’s energy security agenda under scrutiny, with parties splitting sharply over the role of gas, the place of an LNG import terminal, and how far to push market reform to ease pressure on power bills.
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A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
Bill to ban new coal mines fails at first reading
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Genesis doubles down on Huntly as renewables ramp up
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Genesis Energy is doubling down on Huntly’s role as New Zealand’s energy backstop while accelerating one of the country’s largest pipelines of new renewable generation.
Govt launches strategy backing wood-based heat sector
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Penk relaxes consenting for rooftop solar
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By Shannon Morris-Williams | The Government has introduced new consent exemptions designed to streamline the installation of rooftop solar panels across New Zealand.
Wet spring lifts gentailers into strongest start since 2021
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New Zealand’s main electricity generators head into summer with lake levels well above average and wholesale prices holding firm, setting up a strong start to the 2026 financial year and easing price pressure after two years of volatile supply.
