High electricity prices rule out export hydrogen plant

High electricity prices rule out export hydrogen plant
Channel Infrastructure is still looking at a domestic hydrogen plan at Marsden Point. (Image: Channel)
Ian Llewellyn
The high cost of electricity has ruled out the possibility of an export hydrogen facility in Northland, but work is continuing to look at a plant aimed at domestic use.Channel Infrastructure and Fortescue Future Industries’ feasibility study, looking at the potential of green hydrogen production in Northland, is complete. Green hydrogen is where renewable electricity is used to make hydrogen and not coal or gas generation.After looking at the possibility of production, storage, distribution and export of industrial-scale green hydrogen fr...

More Economy

Inflation data keep RBNZ rate cuts on track
Economy

Inflation data keep RBNZ rate cuts on track

Today's data point to inflation peaking close to 3% in 3Q. 

Cars from collapsed dealer at director’s previous firm
Economy

Cars from collapsed dealer at director’s previous firm

Cars were moved off the yards before the insolvencies.

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Dileepa Fonseka 15 Sep 2025
Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025