Power companies issue warnings and advice over climate change policy

Pumped hydro not seen as the answer to NZ's electricity storage gap.

Mon, 29 Mar 2021

The government’s push to make electricity generation 100% renewable by 2030 will drive up electricity prices and increase overall carbon emissions, major power companies say.Submissions on the Climate Change Commission’s draft emissions budgets and associated advice closed on Sunday night, and there are some common themes from the electricity sector’s major power companies. The electricity sector will get to between 90% and 95% renewable generation within the next decade on current settings.Squeezing out the last few perc...

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