• Oil and gas at centre of agenda
• “Special fiscal terms” for gas proposed
• NZ royalties already competitive
Improving the economics of NZ gas developments is “crucial” to the Govt’s desire for an upsurge in oil and gas developments, says a Govt-commissioned review by the Aberdeen University Petroleum Economics Consultants (AUPEC). It says the issues needs […]
• Further amendments to come
• Treasury miscalculates ETS costs
• Opposition flays flawed process
Parliament faces one of the more shambolic legislative processes between now and Christmas as it seeks to ram through the Climate Change Response (Moderated Emissions Trading) Amendment Bill in time to replace the January 1 start date for key parts of the ETS […]
The protest movement against the use of 1080 poison to control exotic predators held a national day of action on Sunday. It gained little traction with media, but anti-1080 views are widely accepted by NZers and represent perhaps the biggest threat to the recovery of native bird populations as a result. When it comes to […]
Wind farm proposals will have to include far more consideration of pure aesthetics, major landscapes, and commerciality if the standards set by the Project Hayes decision from the Environment Court stand. RMA specialists are still pouring over the lengthy decision, but some of the key points to emerge so far include: The Court has found […]
Transpower is projecting double digit annual increases in transmission charges as upgrades to the HVDC link across Cook Strait, the new line through the Waikato to Auckland, and the North Auckland and Northland upgrade come on line in the next 10 years. Transmission costs comprise only around 8% of the domestic electricity tariff, so the […]
If it wasn’t bad enough having Energy Minister Gerry Brownlee blurting his personal opposition to its Mokihinui hydro scheme proposal, Meridian Energy ended another difficult week with the bombshell the Environment Court has overturned the resource consent for Project Hayes. The Hayes project is a massive 630MW proposition in the Lammermoors, Central Otago, and faced […]
• Risk known and “managed”
• Risks included fatality
• Similar sites right through the country
The complacent state of NZ’s approach to health and safety is on full display in the case of the national grid outage which left a chunk of Auckland and all parts north without electricity last Thursday. This is the situation:
In […]
Siemens has won the principal contract for the construction of Pole Three of the high-voltage direct current interisland link for state-owned grid operator Transpower. Pole 3, a $672m project, is due to be commissioned in 2012. Stage one of Pole 3 will, with existing Pole 2, restore interisland transfer capacity to 1000MW. Stage two will […]
NZ Oil & Gas is evaluating a number of new potential ventures, having found little evidence of “fire sale” opportunities during the global credit crunch, perhaps because the recovery has appeared more swiftly than earlier anticipated. CEO David Salisbury says NZOG has strict criteria for new projects, and is “focused on creating one or two […]
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