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Investors Welcome Lake Onslow Cancellation | infonews.co.nz New Zealand News

The cancellation of the $16bn Lake Onslow pumped hydro scheme in New Zealand may boost investor confidence in the country's energy sector, according to Energy Resources Aotearoa Chief Executive John Carnegie. Lake Onslow had cast a shadow over investment in natural gas, renewable gases and renewable electricity generation, he said. However, the scrapped project may now allow investors to diversify fuel sources and build a more resilient energy system, including fast-start gas peakers, necessary to balance the grid as renewable energy capacity grows. ....

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infonews.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infonews.co.nz Daily Mail and Mail on Sunday newspapers.

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Business.Scoop » Global Energy Transition Report A Timely Reminder For Policymakers – Energy Resources Aotearoa

Business Scoop provides news and views on Business and Markets from New Zealand ....

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Business.Scoop » Infrastructure Strategy Overlooks Energy Fundamentals

Business Scoop provides news and views on Business and Markets from New Zealand ....

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