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Energy

NZ needs to electrify faster - gentailers

9 Apr 24 - MPs have agreed with concerns that if New Zealand does move faster to electrify the economy there will be consequences - including the cost of not meeting greenhouse gas emission reduction targets.

Offshore wind could create 10,000 jobs and add nearly $50b to GDP - study

20 Mar 24 - Developing an offshore wind energy industry will play a critical role in helping Aotearoa meet rising demand for clean energy as well as net zero commitments, according to a new study released today.

It’s now cheaper for Kiwis to go fully electric

18 Mar 24 - New Zealand is one of the first places in the world where electric appliances and vehicles are now more affordable than their fossil fuel equivalents, according to a new report.

Commerce Commission approves Transpower grid investment

5 Mar 24 - The Commerce Commission has approved Transpower’s proposed $392.9 million investment in the national grid, and is satisfied that the identified need to strengthen the electricity transmission system over the next decade is in the long term interests of Kiwi consumers.

Tiwai Point’s future still in question

4 Mar 24 - For those waiting for news about an agreement on Tiwai Point aluminium smelter's electricity supply, there were very few smoke signals from the major companies' half-year earning results.

Lodestone opens first North Island solar farm

1 Mar 24 - Lodestone Energy has flicked the switch on at its first solar farm in Kaitaia, and announced a further $55m capital raise to continue its solar farm expansion.

Genesis reflects on bad spell and the future

28 Feb 24 - Genesis Energy says it will decide by the end of the year about whether it is possible to use biomass at the Huntly power station.


Genesis plans $1.1 billion spend on renewables - while still relying on fossil fuels

4 Dec 23 - Genesis Energy has unveiled its plans to find a way forward using profits from the Kupe field to refresh Huntly as a lynchpin in the electricity network as it pushes towards 100% renewables.

Energy regulators must consider climate - Transpower

15 Nov 23 - The energy sector’s regulators need to be given explicit requirements to include climate change as part of their regulatory considerations, says Transpower.

Commerce Commission should expect backlash from lines companies

9 Nov 23 - There is likely to be a strong backlash from the regulated lines companies at the Commerce Commission’s initial views on their revenue path from 2025 to 2030.

Energy companies team up on windfarm ventures

27 Oct 23 - Manawa Energy is teaming up with Pioneer Energy on plans for a new 300 MW wind farm in South Otago, expected to cost $750m to $900m. And Meridian Energy and NZ Windfarms have agreed to a 50-50 joint...

Fossil fuels drag down Genesis Energy share price

24 Oct 23 - Genesis Energy told shareholders that its involvement with fossil fuels was a drag on its share price, but the market was slowly realising the role gas had in backing up renewable electricity for a...

Meridian looks at offshore wind - warns about ETS

17 Oct 23 - Meridian Energy has signed a memorandum of understanding with European-based Parkwind to explore offshore potential focused principally on the Taranaki coast and is still optimistic about getting its...

National's offshore wind policy

16 Oct 23 - National has pledged to introduce an offshore wind regime that largely builds on work underway in the Ministry of Business, Innovation and Employment, but with a few nuances.

Generators worry about thermal transition

11 Oct 23 - A number of major generators have taken issue with the Electricity Authority’s view that the risks around the thermal generation transition and managing dry years are low.

Outgoing EECA boss on energy efficiency policy

25 Sep 23 - Despite the rapid expansion of the Government’s retrofitting housing for energy efficiency, there is still easily five years of work at the current pace to make a serious dent in improving New...

Green investment fund leads $170 million capital raise for solar

21 Sep 23 - New Zealand Green Investment Finance (NZGIF) has led a $170 million capital raise attracting international investors to launch its solar finance programme.

Renewable electricity at record high

15 Sep 23 - Renewable electricity generation was at 91% for the June 2023 quarter - up 10% on the previous June.

Commerce Commission issues 'please explain' to fuel companies over pricing

12 Sep 23 - The Commerce Commission is seeking an explanation from the major fuel companies about anomalies in retail fuel pricing over the first year of monitoring under the new Fuel Industry Act regulatory...


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Emissions Trading Scheme underperforming - study

Friday - Media release | The impact of Aotearoa’s main tool in the fight against climate...

Planned plant to produce low emissions fuel a step closer

10 Apr 24 - Media release | Plans to build New Zealand’s first plant to produce low...

Purpose Capital Consortium increases investment in Lodestone Energy to $17.4M

10 Apr 24 - Media release | In March 2024 Purpose Capital led a $7.4M syndicated follow-on...

Plug-in hybrid vehicles sales on the rise in Australia

8 Apr 24 - Media release | The EV fringe benefit tax exemption, a desire to save on...

Business survey: Only a third of small Kiwi businesses prioritising climate action

5 Apr 24 - Media release | Even though small businesses know there are benefits to taking...

Scrapping Kermadec Ocean Sanctuary a ‘huge blow’ for marine protection

2 Apr 24 - Media release | The Government’s announcement that it will scrap plans for a...

Business sustainability efforts still falling short of consumer expectations, says new research

26 Mar 24 - Media release | New research from Kantar and the Sustainable Business Council...

Legal activists double down on greenwashing claims against Z Energy

20 Mar 24 - Media release | Consumer NZ, the Environmental Law Initiative and Lawyers for...

New record for NZ’s costliest weather events

20 Mar 24 - Media release | A leading global professional services firm, has published its...

Historic data reveals unprecedented heatwaves

13 Mar 24 - Media release - A thermometer dipped in a bucket of sea water on New Year’s Day...

Govt announcements make this a bad week for the climate

11 Mar 24 - Media release | “The Government has made a series of announcements this week...

Hundreds of marae exposed to natural hazards

7 Mar 24 - Media release - New research aims to bolster marae resilience against flooding,...

UN body steps up pace to implement carbon crediting mechanism

4 Mar 24 - Media release - The United Nations Body charged with implementing a new carbon...

Native snails heading for extinction

27 Feb 24 - Media release | New Zealand has some of the most spectacular land snails in the...

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