Energy
Dismantling of Marsden Point oil refinery continues
The dismantling of the former Marsden Point oil refinery is on track to finish by the middle of next year.
EU to propose crisis measures to curb energy price spike
The European Union is set to unveil plans to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and…
Going green could save world trillions - study
Switching from fossil fuels to renewable energy could save the world as much as US$12 trillion (NZ$20t) by 2050, an Oxford University study says.
Planned wind farm able to generate power for 120,000 households
Mercury is building a wind farm at Kaiwera Downs south of Gore for $115 million.
EU plans cap on Russian gas price despite Putin threat to halt supply
The European Union has put forward proposals to cap the price of Russian gas, hours after President Vladimir Putin threatened to halt all supplies if they took such a step.
Germany vows €65bn package to combat energy crisis
The move to shield citizens and businesses comes as Europe struggles to wean itself off Russian energy.
NZ's first not-for-profit power company to launch this month
Toast Electric will use profits from "regular" customers to subsidise the electricity bills of those who struggle to pay.
UN inspects Russian-held nuclear plant in Ukraine
Both sides have warned of the risks of an accident at the plant, which is Europe's largest.
UN report: Uyghur Muslims abuse claims credible
The UN is accusing China of serious human rights violations and says it's reasonable to conclude a pattern of large-scale arbitrary detention occurred.
The China Director at Human Rights Watch Sophie… Audio
Solar panels for marae will reduce costs, improve resilience
Marae and rural communities will be able to install solar panels to help save money and provide clean and locally generated power as part of small scale government funded projects.
Ngātiwai trust… Audio
Funding to bring solar power to 150 homes
Funding for 16 solar power projects for papakāinga will see power bills drop by as much as half, the government says.
EU sets sights on energy market reform as prices soar
The European Union is drafting emergency plans to intervene in its energy market as pressure grows from member states to put a lid on surging electricity prices.
UN Energy Agency set to visit nuclear power plant
Inspectors from the International Atomic Energy Agency have met with Ukraine's president, ahead of a visit to the Russian-occupied nuclear power plant in Zaporizhzhia.
The UN mission comes amid fears… Audio
Genesis offers 'swaptions' alternative as coal prices surge
The Market Security Options is a form of insurance aimed at smoothing out price shocks and volatility, and helping to manage the transition between thermal and renewable power.
Contact Energy rules out major changes to management of Lake Dunstan
Contact Energy is ruling out any major changes to its management of Lake Dunstan following news the Otago Regional Council will review parts of electricity giant's consent to operate Clyde Dam.
Hokitika dairy company reduces coal consumption by 20%
Westland Milk Products says it has cut coal consumption at its Hokitika plant by 20 percent in the 2021-2022 season compared to the previous year.
Vector posts full-year profit dip
The higher cost of gas has led to a reduced full-year profit for the electricity and gas distributor.
Meridian Energy posts steady full-year underlying profit
Meridian Energy has posted a steady full-year underlying profit although its headline number was swelled by the gains from an asset sale.
Electricity Authority makes surprise move to bar low-price power deals
The Electricity Authority has put a temporary block on big low-price power deals to stop consumers unfairly paying the cost.
New agency goes into bat for consumers over their power bills
Last week's cold snap had many around the country reaching to turn up the heat - putting pressure on the national grid and household power bills. Those higher bills are of great interest to the… Audio