Govt to pay up to $180m/year or $2.7b over 15 years to lease LNG re-gasification plant, paid for by $15-$30 ‘levy’ per household per year. That $2.7b would build four Benmore Dams worth of electricity
Govt to pay up to $180m/year or $2.7b over 15 years to lease LNG re-gasification plant, paid for by $15-$30 ‘levy’ per household per year. That $2.7b would build four Benmore Dams worth of electricity
I cant see the full article but I dont get why he is claiming the government didnt compare this vs solar. They clearly state in the MBIE report that solar was considered. https://www.beehive.govt.nz/sites/default/files/2026-02/2026 Fact sheet - LNG Procurement.pdf
Am I misreading something?
I don’t see an explicit mention of solar. The only bit that mentions renewables says;
“Other options, including renewable projects, were considered but not advanced due to a range of
factors such as expected time to construct, feasibility of generating power reliably on the required scale, and effects on electricity market incentives.”
Would be nice to see some details of these comparisons, and exactly what they mean by “effects on electricity market incentives”. That sounds like a great place to hide a bunch of shady reasoning …
I mean it would be crazy to not consider solar right. I dont think the people preparing this report could ignore solar and instead only look at only wind and hydro. But I’m waiting for more details coming soon to hopefully put these questions to rest.