One renewable energy advocate believes New Zealand would be better off burning our coal reserve than building a liquefied natural gas terminal.
The Government’s aiming to sign a procurement contract for a Taranaki LNG site by mid-year, and hoping to have it running by late next year or early 2028.
An electricity levy of two to four dollars per megawatt-hour will fund the build, which is expected to save each household around $50 a year when up and running.
Rewiring Aotearoa CEO Mike Casey told Kerre Woodham that while he likes to think of himself as a renewable energy advocate, he’s also a pragmatic person.
He says that the dry year problem has to be solved, but we should use the fuel we already have and import, instead of importing a new, incredibly expensive fuel, at a capital cost that would lock us into using it for a very long time.
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