Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
Today 11:30am
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.
And that’s even when the modelling has made LNG prices look artificially low, because the LNG import terminal’s fixed costs are subsidised in all scenarios via a levy on electricity consumers.
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Story copyright © Carbon News 2026
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