NZ has hydrogen export advantage if it acts soon

NZ has hydrogen export advantage if it acts soon
Electricity from Manapouri could give NZ an advantage in the growing hydrogen export market. (Image: Meridian)
Ian Llewellyn
New Zealand would have a competitive advantage as a hydrogen producer and exporter, if it acts quickly, the government has been told.The report by consultancy company Castalia for the Ministry of Business, Innovation and Employment is part of the work under way for the government’s Hydrogen Roadmap.Castalia looked at how hydrogen might be produced and used in NZ under a business-as-usual (BAU) pathway out to 2050 and suggestions for possible interventions.The BAU modelling suggests around 8% of NZ’s energy demand could be met by gre...

More Economy

RBNZ cuts by 50bps to 4.25%
Economy

RBNZ cuts by 50bps to 4.25%

The decision was widely expected. 

Weak NZD ahead as rate cuts loom
Economy

Cameron Bagrie: Weak NZD ahead as rate cuts loom

This week's expected rate cut will further underpin a weaker-for-longer NZ dollar.

Cameron Bagrie 26 Nov 2024
More confidence about housing: ASB
Economy

More confidence about housing: ASB

Sentiment is improving, albeit slowly, the Housing Confidence Survey shows.