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There's more scepticism about who'll end up paying for a new LNG terminal. The Government's pressing on with plans but scrapping a proposed levy on power bills, intended to pay for the facility. It's also announced stronger dry year supply requirements and penalties for gentailers. Rewiring Aotearoa Chief Executive Mike Casey told Francesca Rudkin he hopes the facility doesn't get built – especially if the cost falls on gentailers. He says it'll be a great outcome for consumers if gentailers are not forced to pay for it, but then the question of where the money comes from remains.
Advances in technology and falling costs mean customer-owned solar and batteries can play a critical role in New Zealand’s energy infrastructure - improving affordability, resilience and sustainability. Multiple trading relationships (MTR) and peer-to-peer trading would enable this potential by increasing competition, customer choice, and innovation in the electricity market, unlocking greater consumer benefits from customer solar and batteries.
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