Topics tagged with 'Energy'
Review identifies risk to retail electricity competition
7 Nov 2024
Media release | A review of risk management options for electricity retailers by the Electricity Authority Te Mana Hiko has found that while there are a range and combination of solutions available to retailers, there is a potential risk to retail competition that the authority cannot ignore.
Electricity sector risks from climate change: analysis
6 Nov 2024
A review of the electricity sector's mandatory climate disclosures by Forsyth Barr has not changed the analysts’ investment views of the companies.
Solar’s rising shine in NZ
5 Nov 2024
Household solar and battery storage is expanding rapidly, according to Transpower.
Channel looks to energy centre - pushes out peak petrol prediction
4 Nov 2024
Channel Infrastructure has outlined ambitious plans for an energy precinct on its Marsden Point land using its infrastructure and assets to entice in other energy project developers.
Are Air New Zealand's biofuel hopes just pie in the sky?
1 Nov 2024
By Liz Kivi | Air New Zealand and LanzaJet say a study shows promising results for turning wood waste into jet fuel. However, experts say that making jet fuel from wood at an industrial scale is challenging and extremely unlikely to result in near-term emissions reductions.
US and European hydrogen stock prices collapse as prospects deflate
30 Oct 2024
Projects face lower than expected demand, regulatory uncertainties and growing investor scepticism.
Landmark court case sees activist group sue gas giant Santos for allegedly misleading investors
30 Oct 2024
Gas giant Santos told investors it had a clear plan to achieve net zero emissions by 2040 but had no evidence to back it up, the Federal Court has heard during the first morning of litigation against the gas giant.
Japanese youth sue utilities over climate impact
29 Oct 2024
A group of 16 Japanese young people is suing utility firms over their carbon emissions, in the latest case worldwide of activists using courts to press for action on climate change.
Investors are ramping up climate advocacy, with all eyes on COP29
29 Oct 2024
Investors the world over are calling on governments to use every tool in their toolbox, from fiscal carrots to regulatory sticks, to ensure industries can pivot and prosper in a clean energy future.
Offshore wind energy company pulls out of NZ
25 Oct 2024
Spanish offshore wind energy company Bluefloat has announced it is pulling out of its New Zealand projects, citing the potential clash with seabed mining off Taranaki.
A wind power crisis is holding back the world’s green energy goal
25 Oct 2024
While solar deployment is accelerating, bottlenecks in the wind industry are jeopardising the chance to meet a global target to triple renewable capacity by 2030.
Total emissions up 1.1 percent in June quarter
23 Oct 2024
Increase in the use of fossil fuels for electricity generation was the main driver behind a rise in total GHG emissions for the June quarter, according to Stats NZ.
Public EV chargers are good for business as well as the planet
23 Oct 2024
Research shows that businesses with charging stations nearby see an economic boost.
Solar surge will send coal power tumbling by 2030, IEA data reveals
22 Oct 2024
Global electricity generation from solar will quadruple by 2030 and help to push coal power into reverse, according to analysis of data from the International Energy Agency (IEA).
Toronto and Montreal move ahead with fossil fuel ad restrictions on transit
22 Oct 2024
The motions are backed by federal anti-greenwashing laws aiming to stem the tide of misinformation produced by Canada’s oil and gas industry.
Revealed: Biomass firm poised to clear Bornean rainforest for dubious ‘green’ energy
22 Oct 2024
Indonesia’s strategy for increasing renewable energy production could see Indigenous communities lose huge swathes of their forests to biomass plantations.
Govt policy statement urges Electricity Authority to keep up the pace
21 Oct 2024
The Government policy statement sent to the Electricity Authority puts an emphasis on implementing its past and current work programme as quickly as possible, while maintaining the market fundamentals.
New York officials call for big oil to be prosecuted for fueling climate disasters
21 Oct 2024
Oil majors’ conduct can constitute reckless endangerment due to fossil fuels’ effect on global heating, advocates claim.
LNG is worse for the climate than coal – new study
17 Oct 2024
A highly-anticipated peer-reviewed study finds that LNG has a greenhouse gas footprint that is 33% larger than coal. The data suggests the expansion of LNG is a major threat for the climate.
Lakes refill but concerns remain about next winter
15 Oct 2024
Lake Pūkaki returned to its long-term average storage level for the first time since May.
Gas utility sued for climate deception
15 Oct 2024
Multnomah County, Oregon, says NW Natural “engaged in an enterprise of misrepresentation” about its products’ harm to the climate.
If renewable power becomes too cheap to meter, is that a climate win?
15 Oct 2024
When any single climate fix seems too good to be true, it probably is.
Legal action filed against minister of transport over Clean Car Standard
14 Oct 2024
The Better New Zealand Trust, with the support of Lawyers for Climate Action NZ Inc, is taking the Government to court over what it says is an unlawful decision to weaken the Clean Car Standard.
Transpower backtracks on selling gas and carbon trading platform
11 Oct 2024
By Liz Kivi | Transpower has decided not to sell its gas and carbon trading platform, emsTradepoint, this year. However, the future of carbon trading on the platform is uncertain.
Renewable energy to fall short of UN goal to triple by 2030, IEA says
11 Oct 2024
Renewable energy sources are set to meet nearly half of all electricity demand by the end of the decade, but to fall short of a U.N. goal to triple capacity to reduce carbon emissions, an International Energy Agency report showed.
Genesis deal with ChargeNet gets mixed reaction
10 Oct 2024
Genesis Energy last week announced its intention to take a 65% shareholding in ChargeNet, New Zealand’s largest public electric vehicle (EV) charging network.
Can carbon credits help close coal plants?
10 Oct 2024
A few dozen kilometres from the Philippine capital Manila sits a coal plant that some hope could be a model for how developing countries can quit the polluting fossil fuel.
Australia suffers setback in green hydrogen race
10 Oct 2024
Australia’s bid to become a global hydrogen superpower has been dealt a blow, with the nation’s biggest energy utility pulling out of building a large-scale green hydrogen hub despite the project being shortlisted for a share of $2 billion of funding from the Albanese government.
Channel looks at multi-million dollar biorefinery at Marsden Point
8 Oct 2024
Channel Infrastructure is exploring a groundbreaking opportunity to transform its Marsden Point facility into a biorefinery, showcasing the potential of its real estate.
Exported gas produces far worse emissions than coal, major study finds
8 Oct 2024
New research challenges the idea that sending liquefied natural gas around the world is a cleaner alternative to burning coal.
Will carbon capture help the UK tackle climate change?
8 Oct 2024
There is a lot of rousing rhetoric today about carbon capture, following the government’s pledge of £21.7bn of public funds over the next 25 years to help kick-start the industry in the UK.
Environment the loser in govt's fast-track announcement, say critics
7 Oct 2024
Environmental groups and opposition parties are irate over the government's list of fast-track projects, with activists saying they will be "disasters" for the planet.
Carbon offset pioneer charged with $100 million fraud scheme
4 Oct 2024
US regulators say Australian national Ken Newcombe faked data for carbon credits investment. The Goldman and World Bank veteran denies the allegations but is facing up to 20 years in jail.
Barcelona is turning subway trains into power stations
4 Oct 2024
Barcelona is using its subways’ regenerative braking to power trains, stations and neighbourhood EV chargers. Could other cities do this?
What’s in it for us? Pātea pledges to mess with miners
3 Oct 2024
Seabed miners will face direct action on the waves if they are given Government fast-track approval, says Te Pāti Māori co-leader Debbie Ngarewa-Packer.
Fossil fuel dominance of India’s power mix to end by 2030, says central bank
3 Oct 2024
India's burgeoning economy continues to be overwhelmingly powered by fossil fuels including coal, but that dominance will be consigned to the history books by end of this decade, according to the country's central bank.
Govt fossil fuel plan will increase costs and emissions and won’t help energy security: Hood
2 Oct 2024
The government’s plan to restart oil and gas exploration won’t improve New Zealand’s near-term energy security challenges, and signals a long-term direction for the energy system with higher costs, less security, and higher greenhouse gas emissions, according to an expert.
Restarting oil and gas exploration risks free trade agreements: official advice
1 Oct 2024
Ministry of Foreign Affairs and Trade advice to the government says that restarting offshore oil and gas exploration is likely to breach the Free Trade Agreement between New Zealand and the European Union.
Australia’s ‘immoral’ coalmine decision akin to drowning its Pacific neighbours, Tuvalu’s climate minister declares
1 Oct 2024
Tuvalu’s climate minister says Australia’s decision to approve three coalmine expansions calls into question its claim to be a “member of the Pacific family”, and undermines the Australian case to co-host the 2026 UN climate summit with island nations.
Energy rationing proposal shot down by MfE
30 Sep 2024
By Shannon Williams | Tradable energy quotas must be in place before New Zealand has a fuel shortage crisis, Degrowth Aotearoa told a select committee.
UK's last coal-fired power station set to close
30 Sep 2024
The closure of the UK's last coal-fired power station has been described by officials as a "tremendously important milestone" in energy production.
Govt allows only five days for submissions on repeal of oil and gas ban
27 Sep 2024
By Liz Kivi | The government is allowing only five days for the public to make submissions on legislation to restart oil and gas exploration.
Govt fired up for return of fossil fuel exploration
26 Sep 2024
The coalition government’s legislation to reinstate offshore oil and gas exploration has had its first reading in Parliament under urgency, but the Green Party is vowing to revoke permits if it returns to government.
Not enough demand: Big batteries in Aus may be told to stand by on empty to avoid rooftop solar switch-off
26 Sep 2024
The Australian Energy Market Operator is poised to introduce a significant shift in operating protocols that would involve instructing big batteries to stand by on empty to help address periods of extremely low or even negative operating demand.
Ad agency activists ‘name and shame’ fossil fuel promoters
25 Sep 2024
Ad agency climate activist group Comms Declare has launched in New Zealand, calling out 14 local agencies as ignoring the scientific consensus to keep promoting fossil fuel clients.
$27 million subsidy for low emissions heavy vehicles
24 Sep 2024
Last week the government announced $27.75 million for the Low Emissions Heavy Vehicle Fund, to subsidise the purchase price of low and zero-emissions heavy vehicles.
Oil and gas industry slows energy transition as focus shifts back to fossil fuels, says GlobalData
24 Sep 2024
The oil and gas industry has pursued energy transition avenues to decarbonise, however heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels.
Canadian company looking at Taranaki oil and gas
23 Sep 2024
Canadian energy company Monumental Energy is exploring oil and gas opportunities in the Taranaki region this week in partnership with New Zealand Energy Corp.
Solar power continues to surge in 2024
23 Sep 2024
Analysis of national monthly data for solar capacity additions shows that the world will - once again - beat forecasts, even though expectations are higher than ever.
How flying can be a climate solution
Today 10:45am
By Paul Callister and Robert McLachlan - Planetary Ecology | How can aviation contribute to tackling climate change when no practicable technology-based solutions are on the horizon?
Forestry consents and relaxed rules in erosion zones sow seeds of future disaster
Fri 13 Jun 2025
OPINION: The government’s move to restrict exotic forestry on our best food-growing soils will push even more forestry investment onto high erosion risk land on the East Coast, with the worst land becoming the only land left for the most intensive and destructive land use, writes Manu Caddie
Greenwashing is rife in Australia, but could its days be numbered?
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.
'Time is right' for nature credits
Fri 13 Jun 2025
Media release | Sanctuary Mountain Maungatautari and Ekos are thrilled to be partnering with central government on the development of a voluntary Nature Credits Market pilot programme, announced by Associate Minister for the Environment Andrew Hoggard yesterday.
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.
Carbon auction odds-on to fail
Fri 13 Jun 2025
By Liz Kivi | The carbon price has rallied slightly in recent weeks, however with secondary market prices still hovering around the $57 mark, well below this year’s $68 auction floor price, next week’s Emissions Trading Scheme auction looks set to fail.
World leaders’ failure to act is pushing Earth past 1.5°C
Today 10:45am
Based on mounting evidence, some scientists now fear we’ve entered a new era of the climate emergency, characterized by accelerated warming and amplified disasters.
Govt mulls status quo for ETS auction settings
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.
China's approvals of coal power plants grow after 2024 decline
Wed 11 Jun 2025
China approved 11.29 gigawatts of new coal power plants in the first three months of 2025, already exceeding the 10.34 GW approved in the first half of 2024.
A credible UN carbon market needs rules that count – we’ve just set them
Wed 11 Jun 2025
COMMENT: The broad standards for a more ambitious market are now in place. But without a steady flow of investment, this progress will remain largely on paper.
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
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.
Legal experts sue Climate minister over ‘glaring holes’ in climate plan
Wed 11 Jun 2025
By Liz Kivi | Legal experts are taking the government to court over its Emissions Reduction Plan, alleging it fails to fulfil basic requirements of the law – with one of the arguments focussing on an over-reliance on tree-planting.
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.
Extreme ocean warming engulfed South-West Pacific in 2024
6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Government undermines regional powers to protect coastal biodiversity
Today 10:45am
Media Release | The Environmental Defence Society opposes the Government’s decision to press ahead with amendments to the Resource Management Act that severely curtail the ability of regional councils to manage the impacts of fishing on coastal marine biodiversity.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
Fri 13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
Electric firebricks: decarbonising high-temperature industrial heat
Fri 13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.
Watts talks big on energy reform, but barriers persist
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.
Electrification challenge for politicians, regulators
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.
As methane climate impacts soar, NGOs, scientists, and advocates launch campaign to 'pull the methane emergency brake'
Fri 13 Jun 2025
Media release | International NGOs, scientists, and climate advocates are launching a global campaign calling for deep, rapid, mandatory cuts in methane emissions as the best way to lower near-term global temperature rise.
Govt uses climate change as ‘Trojan horse’ for other objectives
Tue 10 Jun 2025
By Shannon Morris-Williams | The Waitangi Tribunal has heard that the New Zealand Government’s international trade and investment agreements are failing to meet Tiriti o Waitangi obligations in the context of climate change – prioritising commercial interests while sidelining Māori rights and worldviews.
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.
What happened to the hydrogen economy?
3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
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.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
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.
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.
Tribunal asked to halt seabed mine fast-track
Today 10:45am
By Craig Ashworth, Local Democracy Reporter | South Taranaki hapū want the Waitangi Tribunal to halt a fast-track bid to mine the seabed off Pātea.
Foresters baulk at restrictions, land ballots
Wed 11 Jun 2025
By Liz Kivi | Forestry groups say that new legislation will introduce further uncertainty for planting plans and poses a threat to climate targets.
Ocean current ‘collapse’ could trigger ‘profound cooling’ in northern Europe – even with global warming
Fri 13 Jun 2025
A “collapse” of key Atlantic ocean currents would cause winter temperatures to plunge across northern Europe, overriding the warming driven by human activity.
Fight over coal mine heats up
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.
Microplastics found in sand on dozens of NZ beaches
4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Legislation introduced to restrict farm-to-forest conversions
Tue 10 Jun 2025
Agriculture and Forestry Minister Todd McClay has today introduced a bill to Parliament that he says will put a stop to large-scale farm-to-forestry conversions.
Israel deports activist Greta Thunberg after military seized Gaza Freedom Flotilla ship
Thu 12 Jun 2025
Israel deported activist Greta Thunberg on Tuesday, the country's Foreign Ministry said, a day after the Gaza-bound ship she was on with 11 other people was seized by the Israeli military.
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.
Could Queenstown become the world’s most electric city?
Wed 11 Jun 2025
By Shannon Morris-Williams | Queenstown is set to become the focus of an ambitious initiative aiming to transform it into the world’s most electrified destination.
Climate progress slowing, says Auckland councillor
5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
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".
Biochar's negative emissions tech coming to Fieldays
6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
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.
“It’s not the car – it’s how we move” – EECA
3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Rapid action vital following UN Ocean Conference – experts
Thu 12 Jun 2025
New Zealand-based experts are calling for rapid and transformative action to restore nature - and our relationship with it - at the third UN Ocean Conference in France this week.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
Govt's RMA overhaul sparks fears for nature and climate
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.
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.
For the first time, China invests more in wind and solar than coal overseas
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.
