Topics tagged with 'Energy'

Meridian plans to ramp up new generation
8 Jul 2024
Meridian’s first investor day in three years was mainly an update on how it saw the sector and its business after the Tiwai Point smelter deal was finalised.

How much impact could past choices have on our emissions profile?
8 Jul 2024
By Robert McLachlan | New Zealand's CO2 emissions could have gone down 25% since 1990 - instead of up 25% - if we'd chosen to do things that other countries were already doing.

Contact to develop a grid-scale 100 MW battery in Auckland
3 Jul 2024
Media release | Contact Energy has answered calls for more energy storage by contracting with Tesla to build a 100-megawatt battery.

Community-owned power company on track to carbon zero
26 Jun 2024
The toppling of one of Transpower's pylons last week saw thousands of homes and businesses in the Far North cut off from electricity. But, as Jeremy Rose reports, it wasn't for lack of local generation.

Capital receives first delivery of sustainable aviation fuel
26 Jun 2024
Air New Zealand has shipped 500,000 litres of Sustainable Aviation Fuel (SAF) into Wellington, in what the airline says is “another small step” towards its target of net zero carbon emissions by 2050.

Watts agrees more work needed to restore confidence in ETS
24 Jun 2024
Climate change minister Simon Watts agrees that more needs to be done to restore confidence and stability to the emissions trading scheme, while also saying the scheme is the government’s key tool to do the “heavy lifting” to reduce emissions.

Transpower poised to sell emsTradepoint
19 Jun 2024
Transpower says it has had several expressions of interest from buyers for its unwanted subsidiary, emsTradepoint, which runs New Zealand’s government-owned carbon trading platform, as well as the only wholesale gas trading platform in the country.

NZGIF’s investment in rural energy boosting uptake of solar on dairy farms
17 Jun 2024
Media release | New Zealand Green Investment Finance’s (NZGIF) investment in Rural Energy is already helping accelerate the uptake of solar electricity generation on farms.

Wealthy Kiwis driving up transport emissions
13 Jun 2024
Cashed-up Kiwis are pumping out more than their fair share of transport emissions, driving more frequently and over longer distances, according to new research.

Govt restoring legal requirement to promote mining
13 Jun 2024
The government’s proposed reform of the Crown Minerals Act goes further than just repealing the 2018 ban on new petroleum exploration outside onshore Taranaki.

Govt to reverse oil and gas exploration ban
10 Jun 2024
Removing a ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed changes to deal with the energy security challenges caused by declining fossil gas reserves, according to resources minister Shane Jones.

Climate activists force conference to move online
10 Jun 2024
A planned blockade by climate activists has forced organisers to cancel in-person elements of the Energy Resources Taranaki Forum, scheduled to take place on June 12.

ComCom’s draft decision on lines and transmission networks
10 Jun 2024
The Commerce Commission’s draft decision approved large increases in regulated revenue for Transpower and lines companies due to cost increases and other pressures.

Tiwai deal could lead to multi-billion dollar govt carbon pollution subsidy
5 Jun 2024
Rio Tinto could get close to a million free carbon credits each year under its new electricity supply deal for Tiwai Point Aluminium Smelter - a government subsidy that could amount to a possible $2 billion during the 20 year life of the deal, according to campaigners.

Budget prioritises adaptation over emissions reductions
31 May 2024
The government is prioritising stop banks and floodwalls over initiatives to reduce emissions, with the $1.2bn Regional Infrastructure Fund to focus on climate resilience efforts, while hundreds of millions of dollars of funding for conservation efforts has been cut.

Climate change minister faces up to some difficult questions
30 May 2024
By Liz Kivi | The climate change minister faced some awkward questions at the Carbon and Energy Professionals conference this week, against a backdrop of falling carbon prices.

Management team working to save emsTradepoint as Transpower announces closure
27 May 2024
New Zealand’s government-owned carbon trading platform emsTradepoint is set to close, but the operations team want the platform to continue and say they are working with the state-owned entity on a management buyout.

Scion report on short rotation forestry met with scepticism
27 May 2024
A new report from Scion that says short rotation forestry holds the key to lowering fossil fuel use has been criticised by sustainable land use campaigners as well as an oil industry expert.

New govt mining strategy slammed by environmentalists and opposition
24 May 2024
Resources Minister Shane Jones has launched a draft strategy for the minerals sector which allows mining on conservation land and aims to double the sector’s export value to $2 billion.

Climate change litigation before the courts
23 May 2024
Two climate change related legal cases saw some action last week.

ETS alone won’t decarbonise NZ: businesses representing 40% of country’s GDP
22 May 2024
The Sustainable Business Council and Climate Leaders Coalition say that depending on the ETS alone to reach net zero will cause significant harm to the economy.

Battle between offshore wind developers and seabed miners
21 May 2024
A battle is developing between offshore wind developers and seabed miners over access to the South Taranaki Bight.

IEA trims 2024 oil demand growth forecast, widens gap with OPEC
21 May 2024
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth, widening the gap with producer group OPEC in terms of expectations for this year's global demand outlook.

Improving buildings could save NZ almost $40 billion
20 May 2024
Media release | Improving buildings could slash emissions equivalent to taking half our country’s petrol cars off the road.

Media round-up
17 May 2024
In our weekly round-up of the best climate coverage in local media: How denser housing can be greener too; carbon credits might need to be cut as NZ Steel's efficient furnace comes online; and the prime minister tips a 'robust response' to climate change in the upcoming budget.

India projects biggest power shortfall in 14 years in June
17 May 2024
India is projecting its biggest power shortfall in 14 years in June after a slump in hydropower generation, and is racing to avoid outages.

Aotearoa gives $17 million for PNG renewable energy
15 May 2024
A $17 million contribution to a renewable energy project on the Island of Bougainville is part of a $44.9 million package announced by foreign minister Winston Peter in Port Moresby earlier this week.

Govt seizes possible energy shortfall as PR opportunity?
14 May 2024
Last week was a remarkable one for the energy sector. It started with the government seizing on the latest gas data to set up a committee to ensure gas supply was maintained for “critical users”.

NZ must avoid environmental mistakes of the past: new book
14 May 2024
A new book about the Environmental Defence Society is full of salient lessons for today, including why the government’s proposed Fast-track Approvals Bill shouldn’t override environmental protections, according to its author.

Low gas production threatens energy security
8 May 2024
Media release | Simeon Brown, Minister for Energy, and Shane Jones, Minister for Resources - There has been a material decline in gas production according to figures released today by the Gas Industry Co.

BP was warned gas-driven climate change could cause ‘unprecedented famine’
8 May 2024
Yet the oil and gas major led a campaign to present gas as a climate solution, new ‘confidential’ documents released by a US Congressional investigation reveal.

EU proposes first sanctions on Russia’s LNG sector
8 May 2024
Until now, the EU hasn’t targeted Moscow’s lucrative gas sector, newly proposed sanctions would hit about a quarter of Russia’s LNG revenues.

Govt looking at policy to restrict forestry in the ETS: Watts
7 May 2024
By Liz Kivi | The government is looking at complementary policies around land use to restrict forestry in the Emissions Trading Scheme, rather than making changes directly to the scheme.

Kiwi company aims to make alternative protein from carbon emissions
6 May 2024
A New Zealand-based start-up has raised $1 million towards commercialising production of an alternative protein made with carbon emissions.

Commodities trader Marex to start carbon trading in NZ
3 May 2024
British commodities trader Marex is planning to launch a new carbon trading platform in New Zealand in the next few weeks.

Media round-up
3 May 2024
In our weekly round-up of local climate coverage: How a landmark legal victory in Europe could affect New Zealand; Iwi and business lay down a wero for the climate minister; and is Aotearoa really bringing in Indonesian coal every month just to keep the lights on?

Updated standard paves the way for introducing biomethane into existing gas pipeline network
30 Apr 2024
Media release: Gas NZ | The recent updating of the standard for reticulated natural gas by Standards New Zealand to allow for renewable gas to be injected into gas pipelines is a significant step towards New Zealand’s transition to renewable gas, GasNZ chief executive Jeffrey Clarke says.

Kiwis still don’t understand electrifying benefits
29 Apr 2024
It will come as a surprise to many in the sector that many New Zealand households still don’t understand the benefits of electrification.

No plans to exit Beyond Oil and Gas Alliance: Simon Watts
24 Apr 2024
By Jeremy Rose | New Zealand is an associate member of the Beyond Oil and Gas Alliance (BOGA) an international grouping committed to ending “new concessions, licensing or leasing rounds.”

Hiringa launches Australasia’s first zero-emissions hydrogen refuelling network
24 Apr 2024
Green hydrogen company Hiringa Energy has launched Australasia’s first zero-emissions hydrogen refuelling network.

Rain brings relief to hydro lakes
24 Apr 2024
Recent heavy rain over the southern hydro lakes has given much needed relief as the major electricity companies reported on their performance to date.

Oil bosses call phasing out fossil fuels a ‘fantasy’ – but an international agreement is plausible
24 Apr 2024
The Conversation: Amin Nasser, chief executive of the world’s largest oil company Saudi Aramco, recently called on nations to “abandon the fantasy” to phase out fossil fuels, adding that the transition to renewable energy sources is “visibly failing”. However, the latest science on climate change is unequivocal: the world must eliminate fossil fuel-based energy systems – and fast.

NZ to cooperate with Philippines on international climate target, pledges $41 million climate finance to Southeast Asia
23 Apr 2024
By Liz Kivi | New Zealand has made its first tentative step towards forging an international agreement to meet its United Nations climate target by buying offshore offsetting.

Fast-Track legislation wrong track for climate targets, say lawyers
22 Apr 2024
Fast-Track legislation will take New Zealand further off track from meeting climate change obligations - and places the country at risk of breaching them, according to Lawyers for Climate Action.

NZ agrees to cooperate on carbon markets with Singapore and Thailand
18 Apr 2024
New Zealand has signed separate partnership agreements with Singapore and Thailand, saying the countries will work together on carbon markets as one of several green economy measures.

Emissions down for 2022
18 Apr 2024
Aotearoa New Zealand’s gross greenhouse gas emissions fell by 4% in 2022, according to new figures.

Mining more coal will help pay for climate change journey: Shane Jones
17 Apr 2024
By Jeremy Rose | Resources minister Shane Jones told RNZ this morning that digging up more coal would help deliver the economic surplus required to meet the country’s climate change commitments.

Unions Wellington launches campaign to stop airport sale
15 Apr 2024
The Wellington branch of the New Zealand Council of Trade Unions is opposing Wellington City Council’s proposal to sell its 34% share in Wellington Airport.

Emissions Trading Scheme underperforming - study
12 Apr 2024
Media release | The impact of Aotearoa’s main tool in the fight against climate change could be heightened if five sectors were better regulated, according to a new study.

Net zero emissions target may need strengthening: Climate Change Commission
9 Apr 2024
By Jeremy Rose | New Zealand’s current Net Zero 2050 emissions reduction target may need to be strengthened, the Climate Change Commission says in a discussion document released yesterday.