Business Scoop


Increase In Kupe Natural Gas Reserves Good News For New Zealand

Press Release – PEPANZ

A 23% increase in estimated reserves at the Kupe natural gas field is very welcome news for New Zealand, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ). “This is good news for the homes, schools, hospitals and … Read more »

Reduced Natural Gas Supply Led To Higher Prices And Emissions

Press Release – PEPANZ

Reduced use of natural gas in 2019 led to higher electricity prices, according to the annual Energy in New Zealand report released today by the Ministry of Business, Innovation and Employment. “The 43% increase in coal use for electricity generation … Read more »

The Tiwai Earthquake

Press Release – First Gas

Paul Goodeve, the Chief Executive of gas network operator Firstgas, believes that the departure of Tiwai smelter leaves a gap that can be filled by the fledgling hydrogen industry. The end of the smelter at Tiwai Point is an earthquake-scale shake to New … Read more »

Low-emissions Options For Heavy Transport A Step Closer

Press Release – New Zealand Government

Getting low-emission trucks on the road is a step closer with investment in infrastructure to support hydrogen vehicles, the Energy and Resources Minister Megan Woods has announced. The Infrastructure Reference Group has provisionally approved $20 million for New … Read more »

More Competitive Fuel Market On The Way

Press Release – New Zealand Government

Kiwi motorists are set to reap the benefits of a more competitive fuel market following the passing of the Fuel Industry Bill tonight, Energy and Resources Minister Megan Woods says. This Act is where the rubber meets the road in terms of our response … Read more »

Four Faults In Transpower’s Proposed Electricity Empire

Article – Molly Melhuish

This morning about 10 climate activists showed up at Downstream 2020, the electricity industrys annual celebration of its progress over the past year. Here I explain the meaning of four of the signs that were carried. Electricity Empire –> … Read more »

More Initiatives To Reduce Energy Hardship

Press Release – New Zealand Government

The Government is delivering more initiatives to reduce energy hardship and to give small electricity consumers a voice, Energy and Resources Minister Megan Woods said today. In addition to the initiatives we have already delivered to support New … Read more »

ERANZ Welcomes Government’s Dry Year Review

Press Release – ERANZ

The Electricity Retailers Association welcomes a proposal from the Government to investigate new hydro schemes that could provide solutions to seasonal shortfalls in electricity generation, Acting Chief Executive Mike Munro says. A system that … Read more »

Vector Welcomes Government Investigation Into Pumped Storage

Press Release – Vector

Vector has today welcomed the Governments plans to push closer towards a 100% renewable electricity system by exploring hydro projects that pump and store water to better manage dry year risks and the intermittency of renewable generation. Vectors … Read more »

Green The Grid? No, Use Mixed Energy Sources To Reach True Carbon-zero

Press Release – Molly Melhuish

Labours plan to green the grid is all about electricity. It relies on the analysis promoted by Transpower in 2018, proposing to build an electricity empire twice the size of ours today. Labours Lake Onslow scheme to provide electricity in dry hydro … Read more »

Genesis Welcomes Government’s Dry Year Risk Review

Press Release – Genesis Energy

Genesis welcomes Governments dry year risk review, but urges caution on what the best outcome could be for New Zealands low carbon future Genesis welcomes the Governments proposal to look at solutions to alleviate New Zealands seasonal … Read more »

Ara Ake Chief Executive Welcome’s Minister Woods Announcement To Investigate Pumped Hydro Storage

Press Release – Ara Ake

Cristiano Marantes, Ara Ake Chief Executive welcomed todays announcement by the Hon Megan Woods, Minister of Energy and Resources, regarding the Governments decision to fund the development of a business case for pumped hydro storage in New Zealand. … Read more »

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