Watts not considering removing electricity from ETS
Today 11:15am
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Story copyright © Carbon News 2025
Industry struggles with double-digit power price hikes
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As power prices surge by double-digit amounts for the second year in a row, industrial users can’t keep absorbing cost increases, the Major Electricity Users’ Group says.
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By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Milestone for NZ Steel electrification
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By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
First supercritical geothermal site chosen
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By Pattrick Smellie | Land within Rotokawa Geothermal Reservoir in the Taupō Volcanic Zone has been selected as a preferred site for New Zealand’s first supercritical geothermal exploration, with design work already underway to develop the first well, Regional Development Minister Shane Jones says.
Contact tries again for Southland windfarm
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Contact Energy has reapplied for consent for its Southland wind-farm, lodging the project with the new fast-track regime after it was rejected earlier this year.
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Meridian Energy has posted its weakest result in 10 years, with earnings hit by a combination of droughts, low wind and declining gas supply.
Transpower on track to meet core emissions targets
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By Shannon Morris-Williams | Transpower’s total greenhouse gas footprint increased year-on-year due to higher emissions from its value chain, but the company says that making sure infrastructure is in place to enable the country's energy transition is the biggest contribution it can make to reducing emissions.
Govt resilience plan 'dangerous fantasy' - thinktank
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By Shannon Morris-Williams | An independent thinktank, whose members include former Prime Minister Sir Geoffrey Palmer and multiple academics, is warning that the government’s long-term resilience strategy ignores physical and energy realities and exposes Kiwi households and businesses to systemic failure.
Profound shifts in our changing energy system – new data
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New Zealand’s energy system is undergoing a profound shift as falling gas production and a dry hydro year reshaped the electricity market in 2024, according to data from the Ministry of Business, Innovation and Employment’s Energy in New Zealand 2025.
