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Energy

Legislation to bring back oil and gas exploration advances

Tuesday - The controversial bill to restart oil and gas exploration completed its second reading in Parliament last week after being reported back from select committee.

Electricity sector risks from climate change: analysis

6 Nov 24 - A review of the electricity sector's mandatory climate disclosures by Forsyth Barr has not changed the analysts’ investment views of the companies.

Solar’s rising shine in NZ

5 Nov 24 - Household solar and battery storage is expanding rapidly, according to Transpower.

Channel looks to energy centre - pushes out peak petrol prediction

4 Nov 24 - Channel Infrastructure has outlined ambitious plans for an energy precinct on its Marsden Point land using its infrastructure and assets to entice in other energy project developers.

Offshore wind energy company pulls out of NZ

25 Oct 24 - Spanish offshore wind energy company Bluefloat has announced it is pulling out of its New Zealand projects, citing the potential clash with seabed mining off Taranaki.

Govt policy statement urges Electricity Authority to keep up the pace

21 Oct 24 - The Government policy statement sent to the Electricity Authority puts an emphasis on implementing its past and current work programme as quickly as possible, while maintaining the market fundamentals.

Lakes refill but concerns remain about next winter

15 Oct 24 - Lake Pūkaki returned to its long-term average storage level for the first time since May.


Channel looks at multi-million dollar biorefinery at Marsden Point

8 Oct 24 - Channel Infrastructure is exploring a groundbreaking opportunity to transform its Marsden Point facility into a biorefinery, showcasing the potential of its real estate.

Govt fossil fuel plan will increase costs and emissions and won’t help energy security: Hood

2 Oct 24 - The government’s plan to restart oil and gas exploration won’t improve New Zealand’s near-term energy security challenges, and signals a long-term direction for the energy system with higher costs,...

Restarting oil and gas exploration risks free trade agreements: official advice

1 Oct 24 - Ministry of Foreign Affairs and Trade advice to the government says that restarting offshore oil and gas exploration is likely to breach the Free Trade Agreement between New Zealand and the European...

Energy rationing proposal shot down by MfE

30 Sep 24 - By Shannon Williams | Tradable energy quotas must be in place before New Zealand has a fuel shortage crisis, Degrowth Aotearoa told a select committee.

Govt allows only five days for submissions on repeal of oil and gas ban

27 Sep 24 - By Liz Kivi | The government is allowing only five days for the public to make submissions on legislation to restart oil and gas exploration.

Oil and gas industry slows energy transition as focus shifts back to fossil fuels, says GlobalData

24 Sep 24 - The oil and gas industry has pursued energy transition avenues to decarbonise, however heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels.

Canadian company looking at Taranaki oil and gas

23 Sep 24 - Canadian energy company Monumental Energy is exploring oil and gas opportunities in the Taranaki region this week in partnership with New Zealand Energy Corp.

Manawa deal: a red rag to a bull

18 Sep 24 - Contact’s proposal to takeover Manawa may make commercial sense, but it is like waving a red rag at a bull when it comes to the politics of the move.

Emissions down overall, despite higher electricity emissions

16 Sep 24 - By Robert McLachlan | Although emissions from electricity have increased, according to the latest data, use of oil, coal, and gas has dropped off compared to the previous quarter.

Solar picking up pace

13 Sep 24 - The solar rush continues to pick up pace with Lodestone Energy starting construction on its fourth North Island utility-scale solar farm near Whitianga.

Rain, demand and prices fall

10 Sep 24 - After more than a month of elevated wholesale electricity prices, heavy rain, access to gas and more wind combined to drive spot prices down to virtually zero dollars in the last week or so.

Offshore renewables plan ignores risks: environmentalists

9 Sep 24 - The government’s plan for offshore renewables ignores environmental risks, according to the Environmental Defence Society.


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The money is there to meet global biodiversity targets: COP16 expectations

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