10 reasons why Project Onslow is a bad idea

10 reasons why Project Onslow is a bad idea
Is the project at Lake Onslow a nation-building opportunity or a costly boondoggle? (Image: Supplied)
Pattrick Smellie
The Project Onslow pumped hydro idea is seductively simple and is captivating the public imagination because of that.It takes an existing “man-made” lake in Central Otago, enlarges it, adds a 24-kilometre tunnel and some pumping stations and somewhere between $4 billion and $8 billion later and in 15 years’ time (fingers crossed), there’s a renewable energy solution in place for New Zealand’s regular “dry winter” problem.It seems to supply a silver bullet answer to the one thing that its boosters and cr...

More Listed Companies

Millennium & Copthorne plans new hotel in Whangārei CBD
Listed Companies

Millennium & Copthorne plans new hotel in Whangārei CBD

The company has a site under contract for $2.24 million.

John Anthony 26 Apr 2024
How ‘shareholder value’ became a Wall Street mantra
Policy

How ‘shareholder value’ became a Wall Street mantra

Michael Jensen inspired the transformation of capitalism. Was he a hero or a villain?

Bloomberg 13 Apr 2024
How many boards should a director sit on?
Listed Companies

Simon Robertson: How many boards should a director sit on?

An attempt to judge the composition trends in NZX boards is challenging.

Simon Robertson 13 Apr 2024
Wellington council picks Precinct for major civic square project
Property

Wellington council picks Precinct for major civic square project

Firm will fund and build the new five-star green building.

Staff reporters 11 Apr 2024