'This car can...' Check out our new campaign
"You can call it a forced investment. You can call it a levy. You can call it a tax. It is a guaranteed increase in New Zealand's power bills with no guaranteed return on that investment. And I think that's a bit of a howler." Mike Casey speaks with Newstalk ZB's Kerre Woodham about the proposed LNG terminal and why New Zealand would be better off with a portfolio approach, including more renewables, more solar, better use of existing domestic gas reserves and coal or diesel peakers if required.
The Government’s aiming to sign a procurement contract for a Taranaki LNG site by mid-year, and hoping to have it running by late next year or early 2028.
An electricity levy of two to four dollars per megawatt-hour will fund the build, which is expected to save each household around $50 a year when up and running.
Rewiring Aotearoa CEO Mike Casey told Kerre Woodham that while he likes to think of himself as a renewable energy advocate, he’s also a pragmatic person.
He says that the dry year problem has to be solved, but we should use the fuel we already have and import, instead of importing a new, incredibly expensive fuel, at a capital cost that would lock us into using it for a very long time.
New South Wales gets the memo about the importance of finance and announces scheme offering zero interest loans to households to upgrade to electric stuff; plug-in solar gets the tick of approval to go on sale in the UK soon and the New York Times says it could 'change America'; EVolocity takes electrification to the streets to gets the kids inspired (and eventually employed); a tour of the amazing recycling business Redwood Materials; Think Solar and BYD give it away now; and a skit that cuts close to the bone for many solar dads.
Read moreDownloadAdvances 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.
Read moreDownload
