Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Encouraging LP Gas is best strategic option

News release 16 June 2004

Encouraging LP Gas is best strategic option

Rockgas applauds the Government’s stance in supporting exploration for gas and oil with a programme of subsidies. Rockgas does not however support the Gas Association’s request that Government should incentivise the expansion of the natural gas reticulation network. General manager of Rockgas, Owen Poole, said Government would be better advised to encourage the direct use of LP Gas which requires no subsidies.

Encouraging greater use of LP Gas will generate significant economic, energy security and environmental benefits without unnecessary investment in costly infrastructure.

He said the benefits to the country and to consumers would be the same, but there would be no need to invest massive funding to develop expensive reticulation networks.

“In terms of today’s commercially-available energy supply options, LP Gas is an ‘almost unique’ distributed fuel which maximizes energy efficiency,” Mr Poole said.

“It is clean burning, easily transportable to point-of-use, hugely versatile, cost-effective and in plentiful supply.

“Nor does it require massive investment in infrastructure and reticulation systems to make it more accessible to all New Zealanders. It is already nationally-available and consumers are not faced with line charges.

“Economically and strategically, incentivising greater use of LP Gas offers significant positive outcomes for consumers and the country for very little additional cost.”

Greater use of LP Gas would help to relieve the burden on the country’s struggling electricity system, both nationally and strategically in localized at-risk areas such as the upper South Island. .

It will also provide energy efficiency gains and provide consumers with additional energy choices that are consistent with good environmental outcomes.

The New Zealand LP Gas market has grown nearly 50 percent in the last five years, underlining the fuel’s popularity and accessibility. The biggest growth area is in the domestic and light commercial sectors.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news