Topics tagged with 'Energy'
Jones looks to boost oil and gas with guarantees
7 Feb 2024
Resources minister Shane Jones’ enthusiastic ‘boosterism’ for his portfolio has manifested itself again with him musing on the possibility of government guarantees for the oil and gas sector to restore investor confidence.
Industry emissions up but GDP down
2 Feb 2024
New Zealand’s total greenhouse gas emissions are up 3% for the September 2023 quarter, according to the latest data from Stats NZ.
Rise in new renewable electricity generation projects
26 Jan 2024
Media release - A report commissioned by the Electricity Authority Te Mana Hiko shows the amount of new renewable electricity generation that has been committed has almost doubled in 18 months.
Lodestone gets green light for South Island sites
23 Jan 2024
Lodestone Energy has added three sites in Canterbury and South Canterbury to its second phase of agrivoltaic solar farms.
Gas shortage predicted in the next few years
19 Dec 2023
A report commissioned by the gas sector regulator says New Zealand is at risk of an energy shortfall within a few years as the complex interaction between supply and demand for gas tips into under-supply.
COP28 “frustrating” but some significant breakthroughs - experts
15 Dec 2023
Small island states facing the existential threat of climate change were particularly effective negotiators at the latest UN climate summit, according to a Kiwi expert.
NZ government swimming against the tide of history: Oil Change International
15 Dec 2023
Oil Change International campaign manager David Tong says the COP28 call to move away from fossil fuels shows the New Zealand government is trying to swim against the tide of history.
Bill passed to repeal Clean Car Discount
15 Dec 2023
The Government has passed legislation repealing the Clean Car Discount, which it nicknamed the “Ute tax,” for all vehicles registered after 31 December 2023.
Climate Change Commission doubles down on ETS criticism
13 Dec 2023
The Climate Change Commission has doubled-down on its long held view that the ETS is not fit for purpose when it comes to driving down emissions, in its latest advice to government.
Lack of interest in NZ oil and gas?
12 Dec 2023
The lack of interest in OMV’s oil and gas assets in New Zealand does not bode well for the new government’s hopes of attracting new investment with the reversal of the oil and gas exploration ban.
Govt under pressure to show 'coherent' climate policy after failing to sign renewables pledge
5 Dec 2023
New Zealand was one of only a few developed countries that didn’t sign a renewables pledge at the international climate summit in Dubai over the weekend. The country is now under “significant pressure” to show it has coherent climate policy consistent with its international obligations, an expert says.
Consumer NZ takes legal action against Z Energy over climate claims
30 Nov 2023
Consumer NZ is taking Z Energy to the High Court, claiming the company has misled New Zealanders with its claims over emissions reductions and mitigation.
Greens launch petition to keep oil and gas ban
28 Nov 2023
The Green Party has launched a petition to stop the incoming government repealing the ban on offshore oil and gas exploration.
Manawa says stand-alone generation successful
23 Nov 2023
Manawa Energy has declared its move to a generation-only model a success.
Mercury Kaiwera Downs windfarm opens
22 Nov 2023
Media release | Mercury has cut the ribbon to celebrate stage one of the Kaiwera Downs Windfarm coming online.
NZ signs up to US-led clean energy framework
21 Nov 2023
New Zealand is one of 14 countries in the US-led Indo-Pacific Economic Framework (IPEF) that agreed to two more "pillars" of the initiative last week, covering cooperation on clean energy and anti-corruption measures.
Contact hopes renewable projects will reduce ‘dry year risk’
20 Nov 2023
Contact Energy’s senior staff seem full of hope that the coming month will bring to an end a few uncertainties in the electricity sector.
We’re burning too much fossil fuel to fix by planting trees – making ‘net zero’ emissions impossible with offsets
20 Nov 2023
By Mike Joy | The idea that we can mitigate current carbon emissions by “offsetting” them with carbon reduction initiatives elsewhere has become central to government and business responses to climate change. But it’s an idea we need to seriously question.
Commerce Commission should expect backlash from lines companies
9 Nov 2023
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.
Climate protestors target dairy, fertiliser, and gas
7 Nov 2023
Climate activists blockaded three targets simultaneously on Sunday - the Whareroa Fonterra Dairy factory, the Kapuni Ballance fertiliser factory, and Todd Energy’s gas plant.
Badly designed biodiversity credit system could impact national grid
2 Nov 2023
Transpower - the state-owned operator of the national grid - has warned that a badly designed biodiversity credit system could pose risks for the country’s power lines.
One winter survived, but the next looks tight as well
2 Nov 2023
A review of Winter 2023 shows how the electricity sector managed to navigate several periods of tight supply and warns similar conditions will prevail next winter in managing peak demand.
Marsden Fund grants for climate research
2 Nov 2023
Research into climate and the energy transition are among 123 projects taking $83.59 million from this year’s Te Pūtea Rangahau a Marsden, the Marsden Fund, announced today.
Power between the tracks
31 Oct 2023
The gap between New Zealand’s more than 4000 kilometres of rail tracks could one day be home to solar panels generating up to 0.78 terawatt hours of electricity or 3% of the electricity produced by hydropower last year.
Energy companies team up on windfarm ventures
27 Oct 2023
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 venture to repower and extend the Te Rere Hau wind farm in Tararua.
Profitability of status quo standing in the way of renewable energy transition
27 Oct 2023
Lack of political leadership and an industry that profits from the status quo are standing in the way of the transition to renewable electricity, according to Octopus Energy chief operating officer Margaret Cooney.
Best by the rest...
27 Oct 2023
In our weekly round-up of the best climate coverage in local media: Is a $90m project to cool cow burps working? an East Coast leader argues that indigenous reforestation is a Treaty right; and MetService defends its inability to forecast the extreme rainfall that led to Auckland’s deadly floods.
Demand growth and batteries surge
26 Oct 2023
A significant pipeline of new customer load connections is likely to boost electricity demand following flat demand growth in recent years, according to a new report from Transpower.
Fossil fuels drag down Genesis Energy share price
24 Oct 2023
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 long time to come.
Battle lines drawn over future of fossil fuel exploration
20 Oct 2023
On one side, the oil and gas industry maintains - counter-intuitively - that to continue to electrify transport we need new gas and oil wells. On the other, Greenpeace and the wider environmental movement say that starting oil and gas exploration in a climate crisis is a crime against life on Earth.
EMS accredited to issue International Renewable Energy Certificates
20 Oct 2023
Transpower company Energy Market Services (EMS) has been accredited to issue International Renewable Energy Certificates (I-REC) for electricity produced in New Zealand.
PPA market needed to accelerate decarbonisation - Transpower
19 Oct 2023
Power Purchase Agreements between corporate energy users and renewable energy developers should enable investment in lower cost renewable electricity generation and drive faster electrification, according to Transpower.
MBIE proposes energy and emissions reporting scheme
18 Oct 2023
The Ministry of Business, Innovation and Employment is proposing that stationary energy users with annual emissions of 2000 tonnes of CO2 or more be required to report on their energy use.
Sustainable Business Network calls on incoming govt to step up
18 Oct 2023
The Sustainable Business Network is calling on the incoming Government to keep up action on sustainability.
Meridian looks at offshore wind - warns about ETS
17 Oct 2023
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 hydrogen project over the line.
National's offshore wind policy
16 Oct 2023
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 2023
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.
World’s electricity supply close to ‘peak emissions’ due to growth of wind and solar
6 Oct 2023
Carbon dioxide (CO2) emissions from the global power sector grew just 0.2% in the first six months of 2023, with rapidly rising wind and solar outpacing sluggish demand growth.
Sweden’s ‘off the rails’ climate policy
3 Oct 2023
A government beholden to the radical right is a warning that the green transition can go into reverse.
E-scooters get another five years of regulation exemption
2 Oct 2023
Waka Kotahi NZ Transport Agency has extended the legal exemption for e-scooters as they say their contribution to the transport system outweighs the complaints about them.
Climate action could boost Auckland economy by $22 billion by 2050
29 Sep 2023
Decisive climate action could deliver $22 billion to Auckland’s regional economy by 2050, while lack of action could cost the region $800 million over the same period.
Crucial for a clean energy economy, the aluminum industry’s carbon footprint is enormous
29 Sep 2023
A new report finds aluminum manufacturing worldwide emits more than a billion tons of carbon dioxide annually, as well as chemicals called perfluorocarbons that warm the planet for 50,000 years.
Shell CEO under pressure from within on renewables shift
29 Sep 2023
Shell's CEO Wael Sawan has come under pressure over his strategy from within the energy company after two employees issued a rare open letter urging him not to scale back investments in renewable energy, sparking an internal debate.
We must change human behaviour to save ourselves - scientists
28 Sep 2023
A group of researchers, led by a Kiwi conservationist, want global recognition of a “Human Behavioural Crisis” as a step towards tackling ecological overshoot and its symptoms - such as climate change.
UK greenlights North Sea oil and gas field amid climate scrutiny
28 Sep 2023
The UK has given the green-light to Rosebank, the country’s biggest untapped oil field, amid increasing scrutiny of the country’s climate credentials.
How carbon capture and storage projects are driving new oil and gas extraction globally
28 Sep 2023
The oil industry’s push to portray carbon capture as a climate solution at COP28 obscures how the technology is really being used.
Cyclone impacts on grid highlights importance of resilience planning
27 Sep 2023
Media release - The Commerce Commission says the impacts on households and business customers from electricity outages following Cyclone Gabrielle highlight the need for a ‘new normal’ in asset management planning and investment strategies.
Labour announces “climate manifesto”
26 Sep 2023
The Labour Party has released a “climate manifesto” promising to set separate targets for gross emissions and carbon removals, develop a voluntary carbon market framework, and limit exotic afforestation, if it wins the election next month.
Kāpiti Council sets up climate change and resilience community ‘think tank’
26 Sep 2023
Media release - Kāpiti Coast District Council is setting up a think tank to help develop a climate change and resilience strategy, and is looking for applicants from the community.
Outgoing EECA boss on energy efficiency policy
25 Sep 2023
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 Zealand’s housing stock, says the outgoing head of the Energy Efficiency and Conservation Authority Andrew Caseley.