Topics tagged with 'Energy'
Tepid market response to Commission’s advice - auction less than a week away
14 Mar 2024
By Liz Kivi | The Climate Change Commission’s call to drastically reduce Emissions Trading Scheme auction volumes has barely caused a blip on the secondary market - suggesting participants don’t think the government will follow the advice.
Controversial new fast-track bill projects still not public
8 Mar 2024
By Vernon Small | The government says its new Fast Track Approvals Bill will clear the way for faster development of sustainable energy projects, such as windfarms.
Govt still committed to 'no significant changes' to ETS
7 Mar 2024
Despite warnings from the Climate Change Commission, Climate Change minister Simon Watts says the government remains committed to no significant changes to the Emissions Trading Scheme.
One onshore petroleum exploration permit granted through tender process
6 Mar 2024
The government has granted an onshore petroleum exploration permit to Greymouth Gas Turangi.
Canned govt fund delivered emissions reductions at half current carbon price
5 Mar 2024
By Vernon Small | The effective price the government paid for carbon emissions through the GIDI fund was about half – or less – than the current NZ unit spot price of $66.05.
Commerce Commission approves Transpower grid investment
5 Mar 2024
The Commerce Commission has approved Transpower’s proposed $392.9 million investment in the national grid, and is satisfied that the identified need to strengthen the electricity transmission system over the next decade is in the long term interests of Kiwi consumers.
Tiwai Point’s future still in question
4 Mar 2024
For those waiting for news about an agreement on Tiwai Point aluminium smelter's electricity supply, there were very few smoke signals from the major companies' half-year earning results.
Genesis reflects on bad spell and the future
28 Feb 2024
Genesis Energy says it will decide by the end of the year about whether it is possible to use biomass at the Huntly power station.
Environmental Defence Society says "radical anti-environment government" could harm NZ's reputation
27 Feb 2024
The Environmental Defence Society says the government’s environmental policies could cause environmental harm as well as threaten New Zealand’s international reputation.
Contact on electricity and carbon prices
26 Feb 2024
Contact Energy said it is inevitable that retail electricity prices will have to rise in line with long term wholesale prices and is also predicting that carbon prices will rise as well.
Future of transmission and distribution networks - how to get to net zero?
20 Feb 2024
The Electricity Authority is asking whether there should be greater coordination of distribution and transmission networks.
MfE lays out issues for new minister
13 Feb 2024
Environment officials’ briefings to incoming ministers are a guarded affair with the papers outlining issues and choices, including what the new government wants to do with resource management laws, water issues, as well as climate mitigation and adaptation.
Jones looks to boost oil and gas with guarantees
7 Feb 2024
Resources minister Shane Jones’ enthusiastic ‘boosterism’ for his portfolio has manifested itself again with him musing on the possibility of government guarantees for the oil and gas sector to restore investor confidence.
Industry emissions up but GDP down
2 Feb 2024
New Zealand’s total greenhouse gas emissions are up 3% for the September 2023 quarter, according to the latest data from Stats NZ.
Rise in new renewable electricity generation projects
26 Jan 2024
Media release - A report commissioned by the Electricity Authority Te Mana Hiko shows the amount of new renewable electricity generation that has been committed has almost doubled in 18 months.
Lodestone gets green light for South Island sites
23 Jan 2024
Lodestone Energy has added three sites in Canterbury and South Canterbury to its second phase of agrivoltaic solar farms.
Gas shortage predicted in the next few years
19 Dec 2023
A report commissioned by the gas sector regulator says New Zealand is at risk of an energy shortfall within a few years as the complex interaction between supply and demand for gas tips into under-supply.
COP28 “frustrating” but some significant breakthroughs - experts
15 Dec 2023
Small island states facing the existential threat of climate change were particularly effective negotiators at the latest UN climate summit, according to a Kiwi expert.
NZ government swimming against the tide of history: Oil Change International
15 Dec 2023
Oil Change International campaign manager David Tong says the COP28 call to move away from fossil fuels shows the New Zealand government is trying to swim against the tide of history.
Bill passed to repeal Clean Car Discount
15 Dec 2023
The Government has passed legislation repealing the Clean Car Discount, which it nicknamed the “Ute tax,” for all vehicles registered after 31 December 2023.
Climate Change Commission doubles down on ETS criticism
13 Dec 2023
The Climate Change Commission has doubled-down on its long held view that the ETS is not fit for purpose when it comes to driving down emissions, in its latest advice to government.
Lack of interest in NZ oil and gas?
12 Dec 2023
The lack of interest in OMV’s oil and gas assets in New Zealand does not bode well for the new government’s hopes of attracting new investment with the reversal of the oil and gas exploration ban.
Govt under pressure to show 'coherent' climate policy after failing to sign renewables pledge
5 Dec 2023
New Zealand was one of only a few developed countries that didn’t sign a renewables pledge at the international climate summit in Dubai over the weekend. The country is now under “significant pressure” to show it has coherent climate policy consistent with its international obligations, an expert says.
Consumer NZ takes legal action against Z Energy over climate claims
30 Nov 2023
Consumer NZ is taking Z Energy to the High Court, claiming the company has misled New Zealanders with its claims over emissions reductions and mitigation.
Greens launch petition to keep oil and gas ban
28 Nov 2023
The Green Party has launched a petition to stop the incoming government repealing the ban on offshore oil and gas exploration.
Manawa says stand-alone generation successful
23 Nov 2023
Manawa Energy has declared its move to a generation-only model a success.
Mercury Kaiwera Downs windfarm opens
22 Nov 2023
Media release | Mercury has cut the ribbon to celebrate stage one of the Kaiwera Downs Windfarm coming online.
NZ signs up to US-led clean energy framework
21 Nov 2023
New Zealand is one of 14 countries in the US-led Indo-Pacific Economic Framework (IPEF) that agreed to two more "pillars" of the initiative last week, covering cooperation on clean energy and anti-corruption measures.
Contact hopes renewable projects will reduce ‘dry year risk’
20 Nov 2023
Contact Energy’s senior staff seem full of hope that the coming month will bring to an end a few uncertainties in the electricity sector.
We’re burning too much fossil fuel to fix by planting trees – making ‘net zero’ emissions impossible with offsets
20 Nov 2023
By Mike Joy | The idea that we can mitigate current carbon emissions by “offsetting” them with carbon reduction initiatives elsewhere has become central to government and business responses to climate change. But it’s an idea we need to seriously question.
Commerce Commission should expect backlash from lines companies
9 Nov 2023
There is likely to be a strong backlash from the regulated lines companies at the Commerce Commission’s initial views on their revenue path from 2025 to 2030.
Climate protestors target dairy, fertiliser, and gas
7 Nov 2023
Climate activists blockaded three targets simultaneously on Sunday - the Whareroa Fonterra Dairy factory, the Kapuni Ballance fertiliser factory, and Todd Energy’s gas plant.
Badly designed biodiversity credit system could impact national grid
2 Nov 2023
Transpower - the state-owned operator of the national grid - has warned that a badly designed biodiversity credit system could pose risks for the country’s power lines.
One winter survived, but the next looks tight as well
2 Nov 2023
A review of Winter 2023 shows how the electricity sector managed to navigate several periods of tight supply and warns similar conditions will prevail next winter in managing peak demand.
Marsden Fund grants for climate research
2 Nov 2023
Research into climate and the energy transition are among 123 projects taking $83.59 million from this year’s Te Pūtea Rangahau a Marsden, the Marsden Fund, announced today.
Power between the tracks
31 Oct 2023
The gap between New Zealand’s more than 4000 kilometres of rail tracks could one day be home to solar panels generating up to 0.78 terawatt hours of electricity or 3% of the electricity produced by hydropower last year.
Energy companies team up on windfarm ventures
27 Oct 2023
Manawa Energy is teaming up with Pioneer Energy on plans for a new 300 MW wind farm in South Otago, expected to cost $750m to $900m. And Meridian Energy and NZ Windfarms have agreed to a 50-50 joint venture to repower and extend the Te Rere Hau wind farm in Tararua.
Profitability of status quo standing in the way of renewable energy transition
27 Oct 2023
Lack of political leadership and an industry that profits from the status quo are standing in the way of the transition to renewable electricity, according to Octopus Energy chief operating officer Margaret Cooney.
Best by the rest...
27 Oct 2023
In our weekly round-up of the best climate coverage in local media: Is a $90m project to cool cow burps working? an East Coast leader argues that indigenous reforestation is a Treaty right; and MetService defends its inability to forecast the extreme rainfall that led to Auckland’s deadly floods.
Demand growth and batteries surge
26 Oct 2023
A significant pipeline of new customer load connections is likely to boost electricity demand following flat demand growth in recent years, according to a new report from Transpower.
Fossil fuels drag down Genesis Energy share price
24 Oct 2023
Genesis Energy told shareholders that its involvement with fossil fuels was a drag on its share price, but the market was slowly realising the role gas had in backing up renewable electricity for a long time to come.
Battle lines drawn over future of fossil fuel exploration
20 Oct 2023
On one side, the oil and gas industry maintains - counter-intuitively - that to continue to electrify transport we need new gas and oil wells. On the other, Greenpeace and the wider environmental movement say that starting oil and gas exploration in a climate crisis is a crime against life on Earth.
EMS accredited to issue International Renewable Energy Certificates
20 Oct 2023
Transpower company Energy Market Services (EMS) has been accredited to issue International Renewable Energy Certificates (I-REC) for electricity produced in New Zealand.
PPA market needed to accelerate decarbonisation - Transpower
19 Oct 2023
Power Purchase Agreements between corporate energy users and renewable energy developers should enable investment in lower cost renewable electricity generation and drive faster electrification, according to Transpower.
MBIE proposes energy and emissions reporting scheme
18 Oct 2023
The Ministry of Business, Innovation and Employment is proposing that stationary energy users with annual emissions of 2000 tonnes of CO2 or more be required to report on their energy use.
Sustainable Business Network calls on incoming govt to step up
18 Oct 2023
The Sustainable Business Network is calling on the incoming Government to keep up action on sustainability.
Meridian looks at offshore wind - warns about ETS
17 Oct 2023
Meridian Energy has signed a memorandum of understanding with European-based Parkwind to explore offshore potential focused principally on the Taranaki coast and is still optimistic about getting its hydrogen project over the line.
National's offshore wind policy
16 Oct 2023
National has pledged to introduce an offshore wind regime that largely builds on work underway in the Ministry of Business, Innovation and Employment, but with a few nuances.
Generators worry about thermal transition
11 Oct 2023
A number of major generators have taken issue with the Electricity Authority’s view that the risks around the thermal generation transition and managing dry years are low.
World’s electricity supply close to ‘peak emissions’ due to growth of wind and solar
6 Oct 2023
Carbon dioxide (CO2) emissions from the global power sector grew just 0.2% in the first six months of 2023, with rapidly rising wind and solar outpacing sluggish demand growth.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
Fri 25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
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.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
At least 30 killed and several missing as heavy rains and floods lash northern China
Wed 30 Jul 2025
Thousands of people were evacuated as the region, including the capital Beijing, braced for more rainfall overnight.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Forestry can be a big plus for sheep and beef farmers – but there are caveats
22 Jul 2025
By Keith Woodford | OPINION: These are good times for sheep and beef farmers with record product prices for meat, which is precisely why now is the time for sheep and beef farmers to be looking again at farm forestry.
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.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
A third of ‘slum residents’ in global south are exposed to disastrous flood risks
Wed 30 Jul 2025
One in three people in informal settlements in the global south live in floodplains and are at risk of a “disastrous flood”.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Hiringa eyes green methanol plant near Whanganui
Tue 29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
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.
SBTi releases Net Zero Standard for banks, investors
24 Jul 2025
The Science Based Targets initiative announced the release of its finalised Financial Institutions Net-Zero Standard, aimed at enabling banks and investors to set net zero-aligned targets for their lending, investing, insurance and capital markets activities.
NZ part of hidden global deep-sea network beneath the waves
Fri 25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
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.
Taranaki mayors want hydrogen kick-start from Wellington
Mon 28 Jul 2025
By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
Fri 25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
All aboard for passenger rail in the golden triangle
Mon 28 Jul 2025
Media release – The Future Is Rail | New Zealand’s national passenger rail advocacy group, The Future is Rail, has announced its strong support for the Green Party’s proposal to establish a new passenger rail service connecting Auckland and Tauranga.
Urgent action needed to get on track for climate goals - commission
Fri 25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Media round-up
Fri 25 Jul 2025
In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.
As US climate data-gathering is gutted, Australian forecasting is now at real risk
Wed 30 Jul 2025
As damage from climate change intensifies, political change overseas is threatening Australia’s ability to track what’s happening now, and predict what will happen next.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Ocean heatwaves may signal climate tipping point
Fri 25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
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.
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.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
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.
