Natural gas will complement the rise of hydrogen and biofuels in global decarbonisation, particularly as carbon capture utilisation and storage becomes more widespread, BP says.

The BusinessNZ Energy Council (BEC) has welcomed the reappointment of Dr Megan Woods to the role of Minister of Energy and Resources.BEC executive director Tina Schirr says she looks forward to continuing to work closely with the Minister.

The World Energy Council’s Energy Trilemma Index has become part of the energy dialogue both globally and in New Zealand. The Index illustrates the need for countries to balance energy security, energy equity and environmental sustainability.

The various political parties’ election campaigns are focused largely on managing the pandemic and economic recovery. But smart energy policy will be crucial in underpinning a shift to a cleaner economy that also delivers in terms of energy security and economic development.

BEC executive director Tina Schirr says the energy sector is balancing the need for survival and recovery.

The BusinessNZ Energy Council (BEC) has released its advice to the incoming Government for the electoral term following next month’s election.

As energy leaders and policymakers grapple with the current covid crisis, New Zealand and the global energy community are reviewing its implications for the speed and direction of energy transition. New Zealand’s incoming policymakers have important roles to play in shaping our post-covid energy future.

The government’s plan for a pumped hydro scheme in Central Otago is “fanciful” and a costly “rainbow” project that will be abandoned within two years when it proves unworkable, a pre-election panel on energy policy heard Wednesday

The BusinessNZ Energy Council and its members wish to see a more diverse and low carbon energy system across all sectors of the economy.

Energy investment that helps reduce New Zealand’s Greenhouse Gas (GHG) emissions and protects against dry-year risks can assist in future-proofing our energy system, stabilise prices and enhance sustainability.

“You don’t get the opportunity to help change an energy system every day,” Hiringa Energy chief executive Andrew Clennett says.