Latest from Energy

Left's power plan 'could boost prices'
Opposition's single-buyer model misses target, Business NZ-sponsored probe finds.

Editorial: Good reasons for Govt to push on with Genesis float
Editorial: The real reason for the asset sales, all along, has been to put all four of the big electricity generating companies on the same competitive footing.

NZ stocks mixed on light volume
NZ shares were mixed yesterday as investors cast forward to next month's earnings season, and as regional markets mulled this week's Federal Reserve meeting.

Overcharged for power? Apparently not
Feel you're paying too much for electricity? Not according to a new report, which says consumers never actually paid the full cost of building NZ's power stations.

Energy Mad surges on Amazon deal
Shares in lightbulb maker Energy Mad surged after it announced it had begun selling its energy-efficient products online in the United States through internet retail giant Amazon.

Group vows to hinder Otago oil drill
A ''rapid response'' team of up to 260 people has been set up to take to the water to hinder Anadarko's deep-sea drilling operations.

Sunny days tipped to boost solar power
Global demand for solar panels is expected to hit a three-year high this year and a local company says falling prices are set to spark "explosive growth in solar energy"".

Greenpeace opens Anadarko case
Greenpeace has opened its case against the Environmental Protection Agency and Texan oil giant Anadarko in the High Court at Wellington.

NZX on 'breather' after stellar run
Indigestion triggered by the size of the Govt's power company floats and investors wanting to take profits are being blamed for a fall in NZ's benchmark index.

Meridian Energy hits at new post float low
Meridian Energy's instalment receipts traded at another post-float low today after a number of factors - including regulatory risk - combined to work against the stock.

Strong interest in next round of NZ oil exploration
Government efforts to entice major global oil and gas producers to New Zealand has borne fruit, with Norway's state-owned Statoil and Australian heavyweight Woodside Petroleum winning exploration licences in the latest permit awards.

Asset sales proceeds to drop - Govt
The Govt has revised the estimate of how much it expects to receive from its partial asset sales down to between $4.6 to $5b.

EPA confident of defending drilling decision - Key
The Environmental Protection Agency is confident of defending their decision to allow off-shore oil drilling in the Taranaki basin, Prime Minister John Key said today.

Anadarko drilling protest heads to court
The offshore protest against Anadarko's deep sea oil exploration will come to an end today as Greenpeace takes the battle to court.

Anadarko's early morning drilling
Deep sea exploration oil drilling off the Waikato coast by Texas-based oil company Anadarko began early today.

Oil man: I understand the protests
Veteran New Zealand oilman Rob Jager says he can understand concern over deep water drilling off New Zealand's coast.

Wind farm building runs out of puff
The decade-long surge in big wind farm building in New Zealand is nearing an end with no new projects in the pipeline as the sector booms around the world.

Voting begins in asset sale referendum
Voting begins today in a citizens-initiated referendum on whether the Government should sell part of its stake in power companies and Air New Zealand.

Meridian Energy drops below issue price
Meridian Energy's instalment receipts fell below their issue price - in early afternoon trading today.

Asset sale curve-ball for Opposition
Bill English has thrown the Opposition a curve-ball as they ready themselves for their unofficial three-week campaign to maximise the "no" vote in the referendum on partial asset sales.

IRD loses High Court battle
Inland Revenue has lost a High Court fight with NZX-listed Trustpower over whether $17 million the electricity company spent on resource consents was tax deductible.