
Newsroom journalist Marc Daalder, who was facilitating the discussion on the first day of the Electrify Queenstown conference, reports on the Government's active consideration of one of the most critical proposals in Rewiring Aotearoa's manifesto: electrification loans (and not just for solar) for everyone.
As he wrote:
A new policy manifesto from electrification advocacy group Rewiring Aotearoa has notched a success already, with Energy Minister Simon Watts confirming he’s open to adopting one of its most critical proposals.
Nearly 60 policies are included in Rewiring’s roadmap to electrifying New Zealand, with each ranked on a 1-10 scale from lower to higher impact. The organisation has found electrifying the 84 percent of fossil fuelled machines in New Zealand which are economically and technology viable to electrify could save Kiwis $29 million a day by 2040.
The only policy ranked a 10 is making electrification loans accessible to everyone – with a specific idea mooted to leverage the high-quality credit rating of councils to access low-interest finance from capital markets, without the debt ending up on council balance sheets.
A very cool 'floatovoltaics' project makes use of unproductive pond space and also helps those struggling with their energy bills; renewables push down the price of electricity to nothing (or less than nothing) in Scandinavia and South Australia and New Zealand has an opportunity to follow suit; France goes hard on electrification, while the UK builds better; Aussie truckies reckon electrification will take decades but much bigger electric machines are here now, including some from Volvo; hydrogen generators are an innovation we do not need; the Speight's brewery gets off the gas with a $7.2 million electric boiler; and a bit of 'solarcasm' demonstrates how going off-grid is now an option for some.
Read moreDownloadA big part of our New Zealand-made energy plan is helping gas users get off the pipes and onto the electrons. Now Business NZ has added its voice to the debate, suggesting that the $200 million set aside to help the oil and gas industry is instead used as loans to help businesses electrify. The rare call for support came after it released a report showing that the businesses reliant on gas were struggling with increasing prices and their closure would have a massive impact on jobs and the economy.
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