Govt goes to market over LNG and leveraging demand

Govt goes to market over LNG and leveraging demand
Could government demand lever new development? (Image: NZME)
Ian Llewellyn
The Government has gone to market seeking interest in leveraging its purchasing power in the energy sector and importing liquefied natural gas.Both proposals were part of the Cabinet’s package of electricity market reforms announced on Wednesday.The Request for Information (RFI) tender says it is seeking to understand how its “purchasing power could support new energy investment”.Not new ideaInternationally, governments have used a mix of purchasing power and tenders for supply to stimulate new generation, mainly to increase t...

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