The case for energy loans: read our latest explainer
In this future, consumer infrastructure needs to compete on a level playing field with traditional infrastructure – if a $10,000 battery on a consumer’s premises can provide the same service as a $20,000 supply-side asset (a network or generation investment), the consumer’s asset should be selected for the service. However, today there is a systemic bias towards traditional infrastructure largely because it is seen as significantly more ‘dependable’. There are a variety of historical reasons for this. Our primary context to this submission is that many of the assumptions and rationale for this bias are quickly falling away, and DPP4 provides a significant opportunity for the Commerce Commission (the Commission) to reset the assumptions and correct some of this bias.
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"We've lost the cops!" In our next instalment of Political Power, we managed to get David Seymour, deputy prime minister and leader of the Act Party, behind the wheel of a Zeekr 7x when he was in Queenstown recently. As is often the case when people take a new EV for a spin, there was much chortling as he gave it heaps up the Remarkables ski field road - and, if we take him at his word, we might even see him give Mike Casey's tractor heaps up Parliament steps in the future.
Read moreDownloadEVs are having a moment right now, so how can we get more people driving electric; Tom Selleck sums up how EV owners are feeling right now and staggering analysis shows the sun's prices have been unaffected by decades of geopolitical conflict; Scion goes solar to get off gas, while dairy farmers and homes go with solar and batteries to keep going; Saul Griffith takes his solar-powered scooter to Canberra and starts a fight with regulators; the Cancer Society's Lions Lodge in Hamilton gets some panels donated and will save $17,000 a year; and killing the Friday vibe with new studies on how fossil fuel companies made massive profits after the last energy crisis in 2022 and carbon emissions making our blood boil - perhaps quite literally.
Read moreDownloadAn electrification advocate says the rising price and falling supply of gas may not be a bad thing in the long-term. PwC research —commissioned by Gas Industry Co— has found New Zealand's gas market will need to shrink sharply as domestic supply declines. It warns this could mean business closures, job losses, and higher energy costs.