Topics tagged with 'Energy'
Power-sector CO2 hits ‘all-time high’ in 2024 despite record growth for clean energy
9 Apr 2025
Emissions from the sector increased by 1.6% year-on-year, to reach a record high of 14.6bn tonnes of carbon dioxide (tCO2).
Labor’s home batteries policy could help Australians who will never take it up. Here’s how
9 Apr 2025
The government’s promise to slash the cost of household batteries should be welcomed – it could drive a change that benefits everyone who uses the power grid.
Trump’s tariff tantrum won’t stop the global energy transition
9 Apr 2025
Trump has such a passion for tariffs he even imposed them on Antarctic islands – home only to penguins, who presumably pose a grave threat to American industry.
ETS stockpile up nearly 7 million
8 Apr 2025
The stockpile of privately held Emissions Trading Scheme pollution permits increased 6.7 million to 157.1 million units in the three months to March 31, according to figures released by the Environmental Protection Authority yesterday.
Avoiding a repeat of winter 2025
8 Apr 2025
An analysis predicts that there is a strong probability the electricity sector will get through this winter without any generation shortfalls and avoid the wholesale price excesses of last year - if all goes to plan and diesel is not required for extended periods.
Biofuels key to food security and shipping resilience for NZ
7 Apr 2025
By Shannon Williams | Aotearoa New Zealand's reliance on imported fossil fuels poses significant risks for food security and shipping resilience in the face of global catastrophes, according to experts speaking at a recent webinar on biofuel self-sufficiency.
Finland's last active coal-fired power and heat plant shuts down
7 Apr 2025
Finland's last coal-fired power and heat plant in active production will shut down permanently on Tuesday, enabling Helsinki energy group Helen to cut its emissions and put an end to rising energy costs for its customers, its chief executive said.
Construction starts on New Zealand’s largest solar farm
4 Apr 2025
Media release | Construction on New Zealand’s largest solar farm project has officially begun at Te Aroha in Waikato, marking a significant milestone for the country’s renewable energy future.
Risky business – banks must consider climate risks, commissioner says
3 Apr 2025
Banks considering climate risks is prudent business practice, not just environmental activism, according to Parliamentary Commissioner for the Environment Simon Upton.
Meridian set to build its first solar farm as Genesis stockpiles coal
2 Apr 2025
Meridian Energy is set to start construction on its 130MW Ruakākā Solar Farm south of Whangārei in August 2025, with the project receiving a final investment decision and construction approval from the Meridian Board.
Disaster as Trump’s energy policy totally disregards climate change
2 Apr 2025
COMMENT: Energy — where we get it, how we use it and what it costs — is fundamental to the quality and stability of modern life. It influences virtually everything we do and affects everything we hope to have in the future.
Hawke's Bay Schools Climate Change Challenge now open
1 Apr 2025
Media Release │ Hawke’s Bay Regional Council has announced the launch of the Hawke’s Bay Schools Climate Change Challenge, open to all schools across the region.
Trump administration cancels clean energy grants as it prioritises fossil fuels
1 Apr 2025
President Donald Trump’s administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritises fossil fuels.
Economy and climate go hand in hand – minister
31 Mar 2025
Growing our economy and reducing climate emissions go hand in hand, says Minister of Climate Change Simon Watts.
Is NZ heading towards another energy crunch?
28 Mar 2025
The major gentailers all put forward positive cases at last week’s Downstream conference that they had done all they could to avert a potential energy shortage this winter.
Govt doubles smelter’s carbon subsidy against official advice
27 Mar 2025
By Shannon Williams | The government has increased the New Zealand Aluminium Smelter's free carbon allowance, ignoring official advice to boost the subsidy by a lower amount.
Wind farm rejection will delay Aotearoa’s energy transition
26 Mar 2025
Contact Energy's proposed wind farm in Southland has been rejected, a move the New Zealand Wind Energy Association (NZWEA) says will delay the country's transition to renewable energy.
Climate change causes rising global electricity demand
26 Mar 2025
Cooling demand as a result of record temperatures was a significant driver of power generation last year, according to the International Energy Agency.
Climate groups could beat Trump in fight for $20B. It may be too late.
25 Mar 2025
The Trump administration is hitting legal roadblocks in its attempt to revoke $20 billion in climate grants, but its efforts are already achieving one of the president’s key aims: throttling a crucial part of Joe Biden’s clean energy agenda.
If NZ wants to decarbonise energy, we need to know which renewables deliver the best payback
21 Mar 2025
By Alan Brent and Isabella Pimentel Pincelli | A national energy strategy for Aotearoa New Zealand was meant to be ready at the end of last year. As it stands, we're still waiting for a cohesive, all-encompassing plan to meet the country's energy demand today and in the future.
Iwi join discussion on geothermal potential
21 Mar 2025
Media release | Progressing a holistic strategy to unlock the potential of New Zealand's geothermal resources, possibly in applications beyond energy generation, is at the centre of discussions with mana whenua at a hui in Rotorua, Resources and Regional Development Minister Shane Jones says.
Greens call for agriculture in, forestry out of ETS
20 Mar 2025
Yesterday's failed Emission's Trading Scheme auction is 'another indictment' on the government's climate credibility, says Green Party co-leader and climate change spokesperson Chloe Swarbrick.
Trump vows to immediately ramp up US production of 'beautiful, clean coal'
20 Mar 2025
President Trump this week continued to make his environmental priorities clear by vowing to open up hundreds of coal power plants in the United States in an effort to advance competition against China.
'Fishing boat for energy' will make hydrogen as it sails
20 Mar 2025
Wind power has been rising significantly in recent years, and now accounts for about 8% of the world's energy production. By the end of the decade, it will be the second-largest renewable source after solar, having surpassed hydropower, according to the International Energy Agency.
Renters stand to gain the most from efficient energy use: EECA
19 Mar 2025
Research on how New Zealanders view and use energy in their homes shows a significant difference between homeowners and renters.
NZ, India touch on climate and energy at leaders' meeting
18 Mar 2025
Prime Minister Christopher Luxon and Indian Prime Minister Narendra Modi detailed plans for further cooperation between the two countries across a range of areas including climate and energy during their meeting in New Delhi this week.
Trans-Tasman cable: Thinking big or a waste of time?
17 Mar 2025
Plans to build a $12 billion cable linking the Australian and New Zealand electricity markets are certainly ambitious.
Genesis signs second biomass agreement
17 Mar 2025
Genesis Energy has signed another preliminary agreement with a potential biomass supplier to replace coal for Huntly power station.
Decreasing industrial demand 'alarming' - major electricity users
14 Mar 2025
The Major Electricity Users group says a drop in electricity demand from industrial is 'alarming' - and the latest data also shows a worrying lack of firming generation.
Shifting climate behaviours tops conference agenda
14 Mar 2025
Carbon and Energy Professionals (CEP) has just announced the first Keynote speaker for its conference in Auckland in May as Professor Lorraine Whitmarsh, MBE.
High share of quarterly renewable electricity generation as industrial demand for electricity fell
13 Mar 2025
Media release | The latest Energy Quarterly data release from the Ministry of Business, Innovation & Employment (MBIE) shows electricity generation in the October to December 2024 quarter was the lowest December quarter on record since 2016, says MBIE Domains Manager Amapola Generosa.
Electricity Authority backs six initiatives to power the energy transition
12 Mar 2025
The Electricity Authority Te Mana Hiko is providing enhanced regulatory support to six initiatives through its Power Innovation Pathway to accelerate Aotearoa New Zealand's energy transition, it announced yesterday.
US Supreme Court rejects Republican-led effort to halt climate lawsuits against oil firms
12 Mar 2025
The Supreme Court on Monday rejected a lawsuit from Republican attorneys general in 19 states aimed at blocking climate change suits against the oil and gas industry from Democratic-led states.
NIWA offers hope for hydro
11 Mar 2025
Niwa has offered a glimmer of hope that the current extreme dry spell could be broken this autumn.
EU carbon market on course for highest CO2 price in the world by 2030: report
11 Mar 2025
Media release | LONDON: Europe's new Emissions Trading System is expected to have the world's highest carbon price in 2030 at 149EU, BloombergNEF forecast reveals.
Demand reduction deal as hydro lakes drop
10 Mar 2025
The electricity sector's preparations for a potential energy shortage this winter have continued with Meridian and Tiwai Point aluminium smelter agreeing for it to reduce demand.
Meridian's shocker result and way forward
7 Mar 2025
Meridian's was expected to be a shocker of a result and, as predicted, earnings, cash flow and net profit were all down for what was its worst ever half year report since listing.
Changes to electricity market rules could boost renewables
28 Feb 2025
By Shannon Williams | Lodestone Energy says that new regulations proposed for the energy market will improve grid efficiency, enable more solar and battery deployment, and deliver lower prices for consumers.
Gentailers take stock after winter energy crunch
25 Feb 2025
The half-year reporting season showed the different impacts of the difficult winter in 2024, with Contact and Genesis being the first to release results.
Carbon capture framework coming
24 Feb 2025
The government wants to bring carbon capture and storage into the Emissions Trading Scheme, with plans to introduce legislation for a Carbon Capture, Utilisation and Storage framework this year.
Renewable energy is a less costly, more efficient climate solution than carbon capture, study finds
24 Feb 2025
The benefits of investing in clean energy, including solar, wind, geothermal and hydropower, make renewables a more cost-effective option compared to carbon capture technology, according to a new study.
Genesis stocks up on coal
18 Feb 2025
Genesis Energy is prepared to burn up to 1.2 million tonnes of coal at Huntly Power Station this winter.
Watts waves the regulatory stick at gentailers
18 Feb 2025
Energy Minister Simon Watts said the Government would not accept another repeat of last winter's events in the electricity market but stopped short of saying what ministers would do if it did happen again.
China's 2024 coal projects counter climate goals: report
14 Feb 2025
China last year began construction on projects with the greatest combined coal power capacity since 2015, jeopardising the country's goal to peak carbon emissions by 2030, according to a report published Thursday.
Genesis and Foresta in biomass supply negotiation
12 Feb 2025
Media release | Genesis Energy Limited (GENESIS) and Foresta (NZ) Limited (FORESTA) have signed a term sheet to advance negotiations on the supply of torrefied black wood pellets for electricity generation at Huntly Power Station.
NZ needs $20b to meet 2050 energy needs
7 Feb 2025
New Zealand will need a minimum of $20 billion to meet the country's energy needs in 2050, according to new research.
FMA should expose 'greenwashing' investment funds - Coates
3 Feb 2025
If the Financial Markets Authority is serious about tackling greenwash, they should call out KiwiSaver and investment funds that claim to be ethical while investing in the worst fossil fuel companies, says Mindful Money's Barry Coates.
Adding coal to 'critical' minerals list makes NZ a global outlier
3 Feb 2025
The government's addition of coal to its list of 'critical' minerals goes against its own scientists' advice, and puts New Zealand out of step with trading partners, such as Australia.
Work begins on NZ's biggest solar farm
3 Feb 2025
Construction is set to begin on New Zealand's biggest solar farm, the Tauhei Solar Farm project, in the Waikato.
Mining strategy resurrecting 'same terrible idea' - Greens
31 Jan 2025
Resources Minister Shane Jones' new minerals strategy and critical minerals list have been met with criticism, with opponents questioning the long-term implications for both the economy and the environment.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Pacific Island nations support China's Taiwan claims at high-profile foreign ministers' meeting
Fri 30 May 2025
Pacific nations have backed China's claim over Taiwan during a high-profile meeting, but have shied away from directly endorsing Beijing's push to "reunify" the democratically ruled island with the mainland.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Watts talks big on energy reform, but barriers persist
Thu 29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
Mon 26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
Tue 27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
Tue 27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
For the first time, China invests more in wind and solar than coal overseas
Thu 29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
Tue 27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
Mon 26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
Mon 26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
