Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Energy Outlook released

Media Statement

11 February 2000

Energy Outlook released

The Minister of Energy, Hon Pete Hodgson, today released the latest energy projections by the Ministry of Commerce.

"The Energy Outlook publication, using a number of scenarios and with projections through to 2020, contains detailed information on possible future energy supply and demand patterns and energy prices for New Zealand. While a number of organisations from time to time produce similar information, the Ministry of Commerce is the only organisation in New Zealand which produces such authoritative and comprehensive information of this kind. The Energy Outlook will be of great value to the industry and all those with an interest in the energy sector," Mr Hodgson said.

"Under the Ministry's baseline scenario, and assuming energy markets work efficiently, the prices of electricity, gas, oil and coal to end consumers are projected to stay at around current levels, in real terms.

"Around 2200MW of new electricity generating capacity is projected to become economic by 2020. This is a fairly modest amount compared with the 1100MW commissioned in the three years to 2000. However, the baseline scenario has much of the additional capacity being provided by coal-fired plant, and this is something which could potentially be affected by new climate change policy initiatives.

"In the baseline scenario with 3% pa GDP growth, consumer energy grows by about 1.1% pa through to 2020. This gives a significant decline in energy intensity (ratio of energy use to GDP).

"However, New Zealand's economy is relatively energy intensive and the more energy used, the greater the adverse local and global environmental impacts.

"The Energy Outlook is based on the policies put in place by the previous Government, and should be viewed as a starting point. I will be working hard to influence these outcomes for the good.

"In particular I will be giving special attention to enhancing energy efficiency since this can benefit both consumers through lower energy costs, and help protect the environment, including by limiting the emissions of carbon dioxide and other greenhouse gases."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Politics Of Scaring Voters Back Into Line

Fear has always been a useful mobilising tool in politics… yet in 2017, bogeymen of all shapes and sizes seem to have fallen on hard times. For years, the National party had painted itself as being the only reliable defensive bastion against the terrifying prospect of a centre-left government…

In fact, the polls suggest that the public seems to quite like the new government, its Prime Minister, and its proposed plan of action. Somehow, even though a Labour/Greens/NZ First government is in power, the sun is still rising and setting, on time. More>>


Gordon Campbell: On Drinking Water As A Failure Of Political Leadership

It is almost possible to feel sorry for the Health Ministry in their terrible, no good, very bad week... More>>


Gordon Campbell: On Saying ‘Work For The Dole,’ Nicely

As New Zealand First learned the hard way from its two previous periods in government, small parties in MMP coalitions get blamed for the unpopular stuff done by their senior partner in power, but no one remembers the good stuff the junior player brought to the table... More>>


Seismic Blasting: Greenpeace Launches Legal Challenge Against Amazon Warrior

A legal challenge against the world’s largest seismic oil exploration ship was launched at a public rally on Parliament Lawn. More>>


Tertiary: 80,000 People Eligible For Fees Free

The Government has today made good on its 100-day promise of delivering the first year of fees-free post school training and education and industry training from 1 January next year, says Education Minister Chris Hipkins. More>>


PM's Presser: Rebuilding Cathedrals, Felling Trees

Prime Minister Jacinda Ardern attended the press conference today with Minister for Greater Christchurch Regeneration Dr Megan Woods to announce urgent legislation this week for the rebuilding of the Christ Church Cathedral. More>>





Featured InfoPages