Topics tagged with 'Energy'
Close questioning over ‘ministerial latitude’ at climate hearing
17 Mar 2026
By Pattrick Smellie | Lawyers challenging the legality of the government’s emissions reduction plans faced close questioning on the limits of ministerial foresight in the first of three days of hearings at the Wellington High Court yesterday.
Oil shock tests Government’s balancing act
17 Mar 2026
The Government is trying to show it is on top of fuel security risk without giving the impression New Zealand is heading for a shortage.
Mayor stands by comments over AI factory cable
17 Mar 2026
By Matthew Rosenberg, Local Democracy Reporter | Invercargill mayor Tom Campbell is standing by his view that a new cable for a large AI data factory will not impact the environment at Ōreti Beach, despite a report saying otherwise.
Mountain Clubs speak out against draft approval of Waitaha Hydro Scheme
16 Mar 2026
Media release | The Federated Mountain Clubs of New Zealand (FMC) is deeply disappointed by the Fast Track Panel's draft decision to approve Westpower's application for the Waitaha Hydro Scheme.
Renewables surge cuts power emissions, but oil dominates fossil fuel use
13 Mar 2026
By Shannon Morris-Williams | New Zealand’s fossil fuel emissions fell in 2025 as strong renewable electricity generation reduced the need for gas-fired power, but oil consumption is rising and now accounts for a record share of fossil emissions.
How falling battery costs are igniting race for round-the-clock solar power
13 Mar 2026
By combining the solar array with a massive amount of battery capacity, the aim is to store enough power generated during daylight hours so that a minimum of 1 GW of electricity – enough to power between 500,000 and one million homes – is available 24 hours a day, 365 days a year.
Todd gets nod to drill first super-critical geothermal well
12 Mar 2026
By Pattrick Smellie | Todd Energy is to make its sole oil drilling rig available to drill the first exploration well under the government’s $60 million super-critical geothermal resource exploration programme under a ‘preferred supplier’ agreement announced yesterday.
Japan eyes New Zealand as green hydrogen export hub
12 Mar 2026
By Shannon Morris-Williams | A new partnership between major Japanese companies aims to explore exporting green hydrogen from New Zealand – but the economics of producing the energy-hungry fuel remain the biggest hurdle.
Greenpeace slams Govt climate policies amid rising petrol prices
12 Mar 2026
As petrol prices climb to $3 a litre, Greenpeace is blaming Government decisions for leaving Kiwis harder hit by the oil price spike.
Upton on LNG: don’t make electricity consumers subsidise industrial gas
11 Mar 2026
By Pattrick Smellie | Industrial gas users will be subsidised by electricity consumers unless they are also charged for access to the proposed liquefied natural gas (LNG) import facility, the Parliamentary Commissioner for the Environment, Simon Upton, says.
NZ EV owners sticking with electric – survey
11 Mar 2026
Nearly all New Zealand EV owners say they would buy another electric vehicle, according to new research from Consumer NZ.
G7 energy ministers to discuss oil price stability
11 Mar 2026
Energy ministers of the Group of Seven countries will discuss on Tuesday the possibility of coordinated action to cushion the impact of the U.S.-Israeli war on Iran on oil prices, European Economic Commissioner Valdis Dombrovskis said.
Climate Commission called to Waitangi inquiry over alleged breaches
10 Mar 2026
By Liz Kivi | The Climate Change Commission is being called to front up to the Waitangi Tribunal and give evidence over alleged legal breaches of its obligations to Māori.
Hormuz crisis critical to New Zealand
10 Mar 2026
By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.
Renewables streak ends as thermal nudges back in
10 Mar 2026
A 20-week stretch in which renewable generation stayed at or above 96% of New Zealand’s electricity mix came to an end in the week to March 1, as thermal generation edged higher and wholesale prices lifted from the unusually low levels seen through much of the summer.
IEA expects huge amount of LNG to reach market in next 5 years, chief says
10 Mar 2026
The International Energy Agency expects a huge amount of liquefied natural gas to reach the market in the next five years, which will put downward pressure on LNG prices, IEA chief Fatih Birol told reporters.
The Last Empire: Why the Trump-Netanyahu war signals the fall of a civilisation
9 Mar 2026
COMMENT: America is waging wars of expansion across two continents at the precise moment its energy foundations are giving way. The war on Iran is a stress test of a late-stage empire – and every indicator says it will fail.
Rule changes could reshape corporate emissions strategies
6 Mar 2026
By Shannon Morris-Williams | New Zealand organisations may need to rethink how they manage and report electricity-related emissions as proposed global accounting changes take shape, according to a new report.
PPA template aims to cut transaction costs and accelerate renewable investment
6 Mar 2026
Media release – DLA Piper | An energy industry initiative led by BusinessNZ Energy Council, Zeale (formerly EVA Marketplace) and DLA Piper has released New Zealand’s first publicly available, standardised template for corporate power purchase agreements (PPAs), designed to reduce transaction costs and unlock more financing to accelerate renewable energy projects.
Funding first: Genesis reinforces the balance sheet
5 Mar 2026
Genesis Energy’s $400 million equity raise landed alongside a record first half, but the capital decision rather than the earnings headline is the more revealing signal about how the company intends to navigate the next phase of the build cycle.
Gisborne leads NZ in solar battery uptake as resilience drives demand
4 Mar 2026
By Shannon Morris-Williams | Battery storage is rapidly moving from add-on to mainstream in New Zealand’s residential solar market, with 2025 data showing stark regional differences in uptake, according to new analysis.
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.