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 Sir Michael Cullen’s Tax Reform

To ordinary wage and salary earners who (a) watch a slice of their gross income being taxed every week via PAYE and who also (b) pay GST on every single thing they buy, there has been something quite surreal about the centre-right’s angry and anguished reactions to the Tax Working Group’s final report... More>>


89 Cents An Hour: Govt Plans Fix For Minimum Wage For People With Disabilities

IHC is delighted that the Government is looking into replacing the Minimum Wage Exemption (MWE) with a wage supplement to ensure people with disabilities are paid at least the minimum wage. More>>


Te Waihanga: New Independent Commission To Tackle Infrastructure Issues

The New Zealand Infrastructure Commission – Te Waihanga – will be established as an Autonomous Crown Entity to carry out two broad functions – strategy and planning and procurement and delivery support. More>>


Auckland Action Against Poverty: Motels Profit From Housing Crisis

A single motel which charges up to $1,500 per week per room has received over $3 million worth of Government funds to provide emergency assistance, despite never having a Code Compliance Certificate – an offence under the Building Act – and receiving a series of longstanding complaints from occupants... More>>


Gordon Campbell: On The Alleged China Relations Crisis

If New Zealand’s relations with China are ‘deteriorating’ then you still need a microscope to detect the signs... More>>


Environment: Government To End Tenure Review

“Tenure review has resulted in parcels of land being added to the conservation estate, but it has also resulted in more intensive farming and subdivision on the 353,000 ha of land which has been freeholded. This contributed to major landscape change and loss of habitat for native plants and animals,” said Eugenie Sage. More>>


Bell Tolls: Big Changes, Grand Mergers Planned For Vocational Training

“At a time when we’re facing critical skill shortages, too many of our polytechnics and institutes of technology are going broke... More>>


Sallies' State Of The Nation: Progress Stalled In Reducing Inequality

The report shows a lack of tangible progress in key areas including record levels of household debt and a growing gap in educational achievement between poorer and more well off communities. More>>





InfoPages News Channels