Energy
Report maps pathway for greater and faster reduction of emissions
A report commissioned by the big four power generators has mapped the way New Zealand could decarbonise the economy more quickly and reach 98 percent renewable electricity by 2030.
Full hydro lakes boost power firms' profits and renewable projects
North Island power generators are making bigger profits thanks to full hydro lakes, and the extra dollars are being ploughed back into renewable energy developments.
Protesters rally around country against mining on conservation land
Environmental protesters have gathered at the remote Denniston Plateau on the West Coast as part of a campaign against mining on conservation land.
Automakers to double spending on EVs, batteries to $2 trillion by 2030
The world's top automakers are planning to spend nearly US$1.2 trillion (NZ$2.1 trillion) through to 2030 to develop and produce millions of electric vehicles, along with the batteries and raw…
Ukraine curbs power usage after Russia attacks energy plants
Ukraine is restricting electricity usage nationwide for the first time since Russia's invasion.
Meridian focuses on a future powered by green hydrogen
New Zealand energy companies will need to invest at least $30 billion in renewable energy over next few decades to meet carbon zero targets by 2050.
Manawa Energy reduces profit outlook by $20m
Power generation company Manawa Energy has dropped its full year profit outlook by $20 million following a challenging first half.
OPEC+ members line up to endorse oil production cut after US coercion claim
OPEC+ member states have lined up to endorse the steep production cut agreed this month after the White House, stepping up a war of words with Saudi Arabia, accused Riyadh of coercing some other…
Genesis updates earning expectations in strong report
Power generation and retailer Genesis Energy says it has had a better than expected start to the current financial year due to favourable trading conditions.
Electricity restored to more than 40,000 properties in Tauranga
Lines crews took untill the early morning to get power back to thousands of properties in Tauranga, plunged into darkness late last night.
Electricity Authority eyes greener, cheaper future for market
The country's electricity regulator has laid out proposals to aid investment in renewable generation and to promote competition in the wholesale electricity market.
More power plants needed to meet future demand
The Electricity Authority says New Zealand needs to increase generation capacity by 400-500 megawatts each year 'til 2050.
The Electricity Authority has released a consultation paper, laying out… Audio
Lebanon-Israel maritime border deal could be 'historic', negotiator says
Lebanon and Israel have received a final draft of a US-mediated maritime border deal that satisfies all of their requirements, negotiators from the two countries say.
Tunisia has only one week of petrol supply, union official says
Tunisia only has enough petrol to last a week, a senior official in the labour union says, but the energy minister says a new tanker's unloading and queues at fuel stations had been caused by…
Why Russia stands to gain most from OPEC+ oil production cuts
OPEC+ surprise deep oil production cuts agreed this week are set to benefit Russia most while tightening supply to the West already suffering from record energy prices.
Power shortage in North Island: Fault fixed, emergency over - Transpower
Transpower says the power emergency it declared in the North Island was due to a fault on one of the two Cook Strait cables which brings electricity up from the South Island. Audio
Enegery analysts argue the market is not fit for purpose
Despite a threat of potential power outages, the national grid operator says the power system worked as expected, but analysts argue the whole market is not fit for purpose.
A fault with equipment on… Audio
Investigation underway into power cable fault
A fault on one of the two power cables linking the north and south islands this morning lead to a warning of possible powercuts by the grid operator Transpower. Kathryn speaks with Chief Executive… Audio
Transpower calls off power emergency
Transpower says there is a power emergency in the North Island and is not ruling out power outages.
There is a fault on one of the two Cook Strait cables which brings electricity up from the South… Audio
Transpower warning of power emergency in North Island
The national grid operator Transpower announced a power emergency in the North Island on Friday morning.
It issued a two warning notices that there was a risk of insufficient generation to meet… Audio