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Local news this week has been dominated by the announcements of a review of Tiwai’s future by Rio Tinto and what is, in effect, a deferral of the inclusion of the agricultural sector into the ETS. Closure of Tiwai would have a huge impact on our electricity market, although a review, of course, does not…

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COP26, Negative Prices and Wooden Batteries

News from CEO – Mike Hopkins    Kia ora, As Europe (the band) would say, it’s the final countdown – to COP26 that is.  With only a couple of days to go, the announcements on commitments are coming thick and fast, even from those with reputations for lacking climate change commitment.  This week saw net…

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Targets, the EV Market and Living Bricks

News from CEO – Mike Hopkins      Well, we’re certainly back in action. There have been numerous events and information sessions this week on the back of the CCC draft advice and the return of Parliament. One interesting snippet (from Minister Woods) from a session on Thursday was that the Government’s manifesto target of…

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Green Building, Downstream Tickets and Coconut Oil

News from CEO – Mike Hopkins In case anyone missed it, Rio Tinto announced this week it will be starting a phased close down of the aluminium smelter at Tiwai, with a final shut down scheduled for August 2021. The release of the electricity Tiwai currently uses onto the market will have profound implications for…

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The Greta Effect

News from CEO – Mike Hopkins It was a big week this week as we finalised and submitted our comments on the MBIE discussion document on Accelerating Renewable Energy and Energy Efficiency and the MfE’s consultation on reforming the ETS.    At our first Board meeting of the year this week, we had a bumper…

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