Onslow project: an 'analogue solution in a digital age'

Onslow project: an 'analogue solution in a digital age'
Vimal Vallabh, Morrison & Co’s global head of energy, says investors have to weigh up risks to make returns. (Image: Supplied)
Ian Llewellyn
The Lake Onslow pumped hydro project is an ‘analogue solution in a digital age’ and the government even just talking about it as a possibility is chilling investment, a global energy investment manager says.Vimal Vallabh, Morrison & Co’s (MCO) global head of energy, said the pumped hydro scheme is an outdated idea and there are better solutions to solving New Zealand’s dry year problem to ensure energy security as the country pushes towards 100% renewable electricity generation.Vallabh is responsible for deploying bi...

More Infrastructure

KiwiRail reveals $8m cost of McKinsey contract
Infrastructure

KiwiRail reveals $8m cost of McKinsey contract

Rail Minister Winston Peters calls it an unacceptable payment. 

Oliver Lewis 02 Apr 2025
Mainfreight praises 'logical, sensible' rail ferries decision
Infrastructure

Mainfreight praises 'logical, sensible' rail ferries decision

Port companies on both side of the Cook Strait also welcome increased certainty.

Oliver Lewis 01 Apr 2025
Meet your new ferries, New Zealand
Infrastructure

Meet your new ferries, New Zealand

Winston Peters confirms new Interislander ferries will be rail-enabled.

Oliver Lewis 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025