Topics tagged with 'Energy'
Analysts predict carbon price will hit $140 by 2050
25 Aug 2023
Analysts are predicting the spot price of NZUs will rise to $150 by 2050 - a level they say will negatively affect some of New Zealand’s big energy gentailers and encourage behavioural change from carbon polluters.
Best by the rest...
25 Aug 2023
Is carbon forestry pushing farm prices out of reach? Auckland’s cyclone recovery funding deal; and why sustainability shouldn’t be just an afterthought in space exploration.
Greens slam govt’s transport plan as prioritising roads over climate
18 Aug 2023
The Green Party has slammed the government’s $20 billion transport plan, announced yesterday, saying the decision to prioritise new roads shows the Labour Party is not serious about climate change.
Renewables at record high - MBIE
18 Aug 2023
Eighty-seven per cent of electricity generated over 2022 came from renewable sources, while total energy supply from renewables reached 44% - a record high according to the Ministry of Business, Innovation and Employment (MBIE).
Govt co-funding $33 million to cut industrial emissions
16 Aug 2023
The government has announced its latest round of co-funding for industry to cut emissions, with a $33.3 million investment aiming to reduce carbon emissions by 67,300 tonnes every year.
Hydrogen summit coming to Wellington
15 Aug 2023
New Zealand’s second international hydrogen summit, in Wellington next month, will feature international speakers representing global shipping and aviation.
Green Party announces new policy to slash energy bills and carbon emissions
14 Aug 2023
The Green Party has announced a new policy it says will save households up to $1,200 on energy bills every year and slash carbon emissions.
Electricity markets paper brings back some old ideas
14 Aug 2023
Radical electricity market reforms including the separation of the major gentailers and the creation of a single buyer are two of the many, many options put forward in one of the Government's Energy Strategy consultation papers.
Govt launches consultation on five areas of energy transition policy
10 Aug 2023
The Government has launched consultation on New Zealand's transition towards a low emissions economy, with five streams of energy policy out for feedback.
Meeting the long-term climate threat takes more than private investment – 10 ways NZ can be smart and strategic
10 Aug 2023
By Kevin Trenberth | The announcement of a partnership between the government and the world’s biggest investment manager BlackRock in a NZ$2 billion climate infrastructure fund suggests the company is expecting renewable energy in New Zealand to increase its own profitability.
$2 billion climate fund to back 100% renewable electricity
9 Aug 2023
Investment giant BlackRock has announced a $2 billion climate infrastructure fund in New Zealand to unlock investment to support 100% renewable electricity generation.
What would it look like for the NZ ETS to be aligned with 1.5C?
9 Aug 2023
By Christina Hood | The government needs to prioritise gross reductions in long-lived gases much faster to be consistent with 1.5C of warming - with a 90% reduction in gross emissions needed by 2050.
Investment positive - but still hurdles to overcome to reach renewable electricity target
9 Aug 2023
By Ralph Sims | It’s been a good week for encouraging the uptake of renewable electricity generation in order to get closer to the Government’s 100% target by 2030.
NZ First would reverse ‘treasonous’ refinery closure
8 Aug 2023
New Zealand First would reopen the refinery at Marsden Point as the closure was “economic treason”, Party leader Winston Peters said.
Govt refers wind and solar developments for fast-tracked consenting
8 Aug 2023
The government is fast-tracking nine solar power projects and three wind farm projects, with the combined projects potentially generating nearly four times the output of the Clyde Dam.
Best by the rest...
4 Aug 2023
In our weekly round-up of the best climate coverage in local media: Experts say the ETS emphasising indigenous forests would benefit public health; Is carbon capture an option for Huntly? And does National’s transport plan add up?
NZ needs better emissions data: research
3 Aug 2023
New research shows that New Zealand isn't doing enough to keep track of greenhouse gas emissions and climate change mitigation, with lacking data and modelling capacity in some sectors.
UK's North Sea move shows tensions between energy security, climate
3 Aug 2023
The United Kingdom now finds itself at the epicenter of global tensions between energy security and lofty climate goals, which are playing out ahead of the COP28 conference in Dubai.
Energy Council releases wish list for the next govt
31 Jul 2023
The BusinessNZ Energy Council says the next government should set long-term energy goals and stick to them - without reactive kneejerk policy changes.
Z’s parent company predicts “robust” fossil fuel demand for next 10 years
31 Jul 2023
Demand for petrol retailers will remain high into the 2030s in New Zealand – years after some countries have banned the sale of fossil fuel vehicles, an energy giant predicts.
NZGIF invests $15m in Lodestone Energy for five solar farms
27 Jul 2023
Media release - NZGIF will supply up to $15m in working capital to Lodestone Energy, to further support the construction of five solar farms in New Zealand.
Climate extremes make NZ’s supply chains highly vulnerable – it’s time to rethink how we grow and ship food
26 Jul 2023
By Alan Renwick | Supermarket customers around New Zealand are noticing gaps in the grocery aisles that have nothing to do with the global pandemic or Ukraine war.
Additional funding for energy centre
25 Jul 2023
The government has announced an additional $70 million of funding for Ara Ake future energy centre over ten years.
Greens and NZ First launch election campaigns
24 Jul 2023
The Greens and NZ First were the first parties to officially launch their election campaigns over the weekend, with the climate crisis a core part of the Greens campaign - while it got only a passing mention at the NZ First launch.
RMA reform bill makes progress in Parliament
24 Jul 2023
Resource management law reform bills completed their second readings in Parliament last week with Labour on track to pass them with Green Party support and National and Act adamant they will repeal them before Christmas if elected to government.
Annual emissions fall
21 Jul 2023
Greenhouse gas emissions fell 3.1% (2,369 kilotonnes) for the year to December 2022, according to new figures from Stats NZ.
Govt gives Fonterra $90 million as part of $790 million spend to cut coal
20 Jul 2023
The government is giving Fonterra $90 million as part of a $790 million investment to cut coal use at six of its dairy factories.
Oil and gas reserves decline along with use
18 Jul 2023
The latest data on oil and gas reserves forecasts that gas production is expected to drop below 2022 gas use of 145 petajoules in 2027, unless existing fields have further investment and development.
High Court orders govt to review ETS settings
17 Jul 2023
By Liz Kivi | The government will be forced to review Emissions Trading Scheme settings, after climate activist lawyers won a High Court case arguing the decision-making process for the December 2022 regulations was flawed.
Govt funding for low-emissions marine and off-road vehicles
17 Jul 2023
The government has announced $6.4 million of funding towards low-emissions marine and off-road vehicles, which will lead to a further $18.2 million from businesses transitioning to clean energy transport.
Market for clean energy minerals surges to $320 billion: International Energy Agency
13 Jul 2023
The market remains vulnerable to volatile prices, supply chain snarls and geopolitical tensions despite soaring demand.
China power plants beef up production amid surging electricity demand
13 Jul 2023
Power plants have ramped up efforts to secure electricity supply, including increasing output at coal-fired power plants, in response to the surging demand due to a prolonged heat wave.
Sustainable aviation fuel funding is govt “greenwash”: fuel expert
10 Jul 2023
By Liz Kivi | A former senior oil executive says that the government and Air New Zealand investing more than $2 million in research into sustainable aviation fuel is a blatant greenwashing tactic.
Major energy policy papers delayed
10 Jul 2023
Clashes between different streams of advice and political imperatives have been blamed for the delay in the release of four important energy policy papers last week.
Govt moves to phase out coal boilers
3 Jul 2023
The government is following through on its promise to ban new coal boilers and to phase out existing ones by 2037.
Emissions down 9% in Wellington region
28 Jun 2023
Greenhouse gas emissions in the Wellington region fell by 9% since 2019, according to a new report.
NZ fails to sign up to energy efficiency goals
19 Jun 2023
New Zealand was not among the governments that signed up for higher energy efficiency goals at an International Energy Agency conference.
Vast fossil fuel and farming subsidies causing ‘environmental havoc’
19 Jun 2023
World Bank says subsidies costing as much as $23m a minute must be repurposed to fight climate crisis.
Peak oil demand "on the horizon"
19 Jun 2023
The International Energy Agency sees global oil demand growth slowing "markedly" in coming years, with a peak "on the horizon."
Lake Onslow pumped hydro could cut consumers' power bills: report from Environment Commissioner
16 Jun 2023
The Parliamentary Commissioner for the Environment is calling for a more “robust debate” on how we decarbonise New Zealand’s electricity system, which is set to cost the country billions.
Drastic emission reductions from coal, gas, and electricity
15 Jun 2023
Greenhouse gas emissions from electricity generation are at multi-decade lows, while emissions from oil, gas, and coal are all down from 2019 highs.
China carbon goals, green transition within reach
15 Jun 2023
China is capable of achieving net-zero greenhouse gas emissions ahead of schedule while further accelerating the global transition to a low-carbon energy structure, as the country's non-fossil fuel energy sources have exceeded 50 percent of its total installed electricity generation capacity, industry experts said.
Shell maintains oil output levels, sparking outcry
15 Jun 2023
Shell plans to maintain oil production levels until 2030, the British energy giant says, triggering an outcry from green campaigners who also slammed a big payout for shareholders.
US House passes bill to block federal gas stove ban
15 Jun 2023
The House passed bipartisan legislation to prevent the US federal government from banning gas stoves — the latest Republican bid to stop what they say is the Biden administration’s anti-fossil fuel agenda.
Could a rail link help Queenstown decarbonise?
13 Jun 2023
By Paul Callister and Michael van Drogenbroek | Queenstown Airport has recently released its masterplan. While other sectors of the economy are facing up to the need to decarbonise, Aotearoa New Zealand airports, including Queenstown, are proposing another growth spurt.
Global energy crisis and the impact on NZ
9 Jun 2023
A worldwide study into the impacts of the global energy crisis says New Zealand can lead global energy transition – if barriers to renewables are unlocked.
Join us for the June EECA Market Update Webinar
1 Jun 2023
The EECA Market Update series aims to increase understanding and uptake of our expertise, products, offerings, and support.
Modelling NZ energy system: govt emissions target possible
31 May 2023
New modelling on the country's energy system reveals the government’s 2035 emissions target can be met but will require significant investment, changes to the current regulatory environment as well behavioural change.
Transpower softens up the public for blackouts
29 May 2023
Transpower has increased its level of public warnings about the possibility of rolling blackouts this winter, as its other work raises a few alarm bells about coming winters if demand growth exceeds forecasts and expected new generation does not eventuate as planned.
Five solar projects to benefit 89 households
23 May 2023
Five community-level energy projects will soon provide renewable and more affordable energy to eighty-nine households.