Topics tagged with 'Energy'
Bidders no-show at carbon auction – again
3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
Carbon auction set to be another non-event
2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
How Trump’s war could destabilize the global energy market
2 Mar 2026
It starts — but doesn’t end — with the Strait of Hormuz.
Judge orders Greenpeace to pay $345m over Dakota Access pipeline protest
2 Mar 2026
Greenpeace says the case is far from over after being found liable for defamation and other claims brought by the energy firm.
Five oil supermajors have made nearly £346bn in profits since Ukraine war began, analysis shows
2 Mar 2026
Shareholders of the five companies have received £320bn in dividends and share buybacks over the past four years, more than the EU’s total clean energy spending in 2025, according to the analysis by Global Witness.
Surviving on Trump's dangerous planet
2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Govt plan to encourage new energy investment won’t cut costs for ordinary Kiwis
26 Feb 2026
By Liz Kivi | While gentailers and major energy users have welcomed the Government’s plan to leverage public sector demand to drive new energy projects, an expert says it is unlikely to reduce prices for ordinary people.
Gas security fund panel named – but projects still hush-hush
26 Feb 2026
The Government’s $200m Gas Security Fund has attracted interest from “several” entities, but officials are refusing to disclose who is circling or what types of projects are being put forward, leaving the market to take the programme’s credibility largely on trust.
Mercury ramps up renewable investment with $1b pipeline
25 Feb 2026
Mercury is accelerating investment in wind, geothermal and hydro assets, reinvesting $270 million — half its half-year earnings — into new and existing renewable generation.
World’s largest A/C firm to open multi-million dollar NZ facility
24 Feb 2026
Media release: Daikin NZ | A multi-million-dollar Christchurch facility to be opened by the world’s largest air conditioning manufacturer will integrate upcycled climate-damaging refrigerant from end-of-life heat pumps into its operations, preventing it from entering the waste stream.
Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged
24 Feb 2026
The U.S. Supreme Court's Friday decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and analysts told Reuters that broader energy flows would likely remain unchanged for now.
Government invests $200m towards Genesis Energy's $400m capital raise
23 Feb 2026
The Government has confirmed it will buy up to $200 million of new Genesis Energy shares as part of a capital raise announced by the company this morning.
Mining permits surge as Jones touts revival – gold prices loom large
23 Feb 2026
Resources Minister Shane Jones is claiming early signs of success in his bid to boost the mining sector, citing new NZ Petroleum & Minerals data showing a rise in mineral permit applications and decisions in 2025. Though how much is driven by policy change and how much by very high prices for gold and other minerals is difficult to decipher.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Greens slam move to disband Environment Ministry
20 Feb 2026
The Green Party has joined climate and health advocates in condemning the Government's decision to disestablish the Ministry for the Environment as part of a multi-ministry merger.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
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.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
US pressures global energy body to drop net zero modelling
19 Feb 2026
The United States is calling on the world's most influential energy organisation to abandon net zero emissions scenario modelling that has informed much of the global green transition, arguing the targets are unrealistic.
Renewables could meet energy gap without LNG imports: report
18 Feb 2026
By Shannon Morris-Williams | Importing liquefied natural gas to support electricity supply could lock households and businesses into higher energy costs for decades, while cheaper and more secure alternatives are already available, according to a new report from the New Zealand Green Building Council.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Calls for action to reduce emissions as extreme weather bites
17 Feb 2026
By Liz Kivi | Renewable energy advocates and environmental groups are calling for more action to reduce emissions and increase resilience as severe weather wreaks havoc across the country.
Flawed decision-making around taxing electricity to fund LNG import terminal
16 Feb 2026
By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.
France bets on nuclear in new plan to cut fossil fuel imports
16 Feb 2026
The French government unveiled a 10-year energy strategy that leans heavily on nuclear power and offshore wind farms to curb fossil fuel dependence. Environmental groups criticised a 'stubborn insistence on believing in the nuclear myth'.
NZ still lacking coherent energy strategy
13 Feb 2026
By Rod Carr | COMMENT: The government’s levy-funded foreign gas proposal for an LNG terminal shows New Zealand’s politicians being outmanoeuvred yet again by the multi-trillion dollar energy industry.
Lawyers seek answers on climate impacts of LNG import facility
13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
LNG plan risks fossil fuel dependency: Environment Commissioner
11 Feb 2026
By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Govt backs LNG imports
10 Feb 2026
By Pattrick Smellie | The Government will rush to put in place contracts for the construction of a liquefied natural gas import facility by mid-year, claiming it will smooth electricity price volatility and underpin investment in renewable energy projects.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Ministers celebrate fast-track milestone amid criticism
10 Feb 2026
By Shannon Morris-Williams | The government is marking the first anniversary of its fast-track approvals regime, saying it is helping “build New Zealand’s future”, despite continued criticism from environmental groups, opposition parties, and industry voices following several controversial project decisions.
Hydrogen plant to start construction
10 Feb 2026
Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.
IEA calls peak coal, even as 'Age of Electricity' takes hold to boost global power demand
10 Feb 2026
A new IEA report published on Friday, Electricity 2026, says electricity demand will increase by an average of 3.6 per cent each year over the remainder of the decade, driven by rising consumption from industry, electric vehicles, air conditioning, and data centres.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
US-driven gas turbine crunch may speed global clean power uptake
9 Feb 2026
A rush by U.S. utilities and tech giants to snap up as many gas turbines as possible to boost local power output is causing a global shortage of gas-power equipment and may spur other power systems to fast-track cleaner alternatives.
Annual emissions fell to lowest in 15 years in Sept 2025
5 Feb 2026
By Pattrick Smellie | New Zealand’s greenhouse gas emissions fell to their lowest annual total in the year to September 2025 since records began 2010, according to Statistics New Zealand data published this morning.
Govt backs fusion research as part of long-term clean energy push
4 Feb 2026
By Shannon Morris-Williams | The Government is investing up to $35 million in fusion energy research through a loan to New Zealand start-up OpenStar Technologies, saying investment could strengthen New Zealand’s energy security.
Heavy EV charger hub opens at Lower Hutt landfill
4 Feb 2026
By Justin Wong, Local Democracy Reporter |In a nationwide first, heavy electric vehicles can now recharge at Lower Hutt’s Silverstream Landfill.
Commentators slam Govt inaction in aftermath of climate change-fuelled storms
30 Jan 2026
By Liz Kivi | Climate action - or inaction - is shaping up to be an election issue, with multiple commentators drawing a line between the Coalition Government’s backsliding on climate targets and the deadly extreme weather events of the past week.
Media round-up
30 Jan 2026
In our round-up of climate coverage in local media: A climate scientist says it's not too late for people to reduce emissions and slow the effects of climate change, forestry urges Government to remove legal accountability for slash, and which regions lead NZ in rooftop solar – and which ones lag behind?
Govt weighs LNG backstop as gas decline accelerates
28 Jan 2026
Liquefied natural gas imports are moving from a back-pocket idea to an active procurement process, with ministers expected to make decisions soon on whether – and how – to add LNG as an emergency backstop for New Zealand’s tightening gas and electricity system.
Kiwis back renewables over fossil fuels, polling reveals
28 Jan 2026
Media release: WWF-New Zealand and Lawyers for Climate Action | New nationwide polling shows strong public support for renewable energy over fossil fuels, growing concern about New Zealand’s climate backsliding, and widespread unease that a return to offshore oil and gas exploration could expose the country to trade and legal risks.
Shifting peak power use could save NZ $3 billion, report finds
27 Jan 2026
By Shannon Morris-Williams | Almost a quarter of New Zealand’s peak electricity demand could be shifted to off-peak hours, saving the country $3 billion in power generation and infrastructure to meet peak demand, according to new analysis from EECA.
Financial sector must account for hard realities of climate change
26 Jan 2026
COMMENT: While the world’s largest asset manager ditching its $2 billion climate tech commitment to New Zealand is part of a greater walkback of climate finance, concerns about climate-related risk continue to shape present-day financial decisions, writes David Hall.
Mercury powers up new geothermal generator
26 Jan 2026
Media release | A new fifth unit at Mercury’s Ngā Tamariki Geothermal Station, near Taupō, has begun delivering generation to the grid.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
Battery subsidy scheme set for 'urgent' overhaul as costs run out of control
16 Dec 2025
Australian Energy Minister Chris Bowen has announced big changes to the government's battery subsidy scheme amid claims most of its $2.3 billion budget has been spent in just six months.
Australian Government wants EV, PHEV owners to start sending power to the grid
15 Dec 2025
The newly announced Vehicle-Grid Network is part of a plan to establish Australia as a leader in vehicle-to-grid technology.