Energy
Households' 25% leap in gas levy 'justifiable'
New gas levies came into force on July 1, with the impost on each household connection going up from $5.28 to $6.63, a 25.31% increase from last year.
Economy
NZ has a hydrogen advantage
Modelling suggests around 8% of NZ’s energy demand could be met by green hydrogen in 2050.
Energy
Electricity prices facing structural increases
Nationally, the investment house’s long-term wholesale electricity prices assumption is an increase of 9% to $96/MWh.
Energy
Oil and gas reserves decline
MBIE data shows reserves have fallen from 2074 petajoules to 1967PJ in a year, enough to last another decade based on assumed demand.21
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