Importing LNG may solve gas supply issues for electricity sector: Meridian

Importing LNG may solve gas supply issues for electricity sector: Meridian
Neal Barclay says the market has to sort out gas supply issues. (Image: NZME)
Ian Llewellyn
Importing gas could be a viable option to get the electricity sector through supply constraints, Meridian Energy chief executive Neal Barclay says.Speaking to the company’s investors' day, Barclay outlined Meridian’s future path after the 20-year electricity supply deal to keep the Tiwai Point aluminium smelter open.Barclay said the deal had given the sector much-needed certainty, and investment in new generation from Meridian and others would now pick up.However, headwinds included the constrained gas supply.“We've se...

More Energy

Energy squeeze just gets tighter
Energy

Energy squeeze just gets tighter

Near-term future wholesale electricity prices rise above $400 per megawatt hour.

SOE wanted to close NZ's only gas trading platform immediately
Markets

SOE wanted to close NZ's only gas trading platform immediately

Transpower said the closure would make no difference; the sector disagreed.

Ian Llewellyn 24 Jul 2024
ForBarr downgrades Genesis on gas uncertainty
Markets

ForBarr downgrades Genesis on gas uncertainty

The company faced the greatest challenges in the sector. 

Ian Llewellyn 23 Jul 2024
Emergency powers suggested to deal with gas supply woes
Editor's Picks

Emergency powers suggested to deal with gas supply woes

Govt warned of drop in economic activity and supply chain disruption.

Ian Llewellyn 23 Jul 2024