
Tech giants scramble to meet AI's looming energy crisis
AI could consume 3% of the world’s electricity by 2030, the IEA says.
Stories and analysis from The Northern Express Herald.
Hydro storage in New Zealand is now above the long-run average, thanks to heavy rain.
Smaller LNG options would cost more per gigajoule but need less infrastructure.
The trial involved 17,000 customers, shifting water heating to off-peak times.
Ministers opted to instead set money aside for stakes in new gas fields instead.
Earthworks started in October for the first stage of the project, 4km from Silverdale.
Genesis plans a new fast-start plant at Huntly of up to 100MW by winter 2027.
Basis plans to install over 50,000 smart panels globally in the next 24 months.
Transpower highlights the need for more electricity generation amid declining gas.
Work on the first of three proposed solar farms near the town will begin soon.
New Zealand is behind in some areas, such as AI uptake and skills.
Achieving net zero by 2050 will require increased spending in the electricity sector.
The $200m fund breaches the ACCTS trade agreement, say legal experts.
The Resources Minister came to the select committee sporting a Make NZ Great Again hat.
Valar Atomics plans to build thousands of small nuclear reactors around the world.
Comvita shares fall 7% after mānuka honey company forecasts a net loss of more than $20m.
Kazakhstan is the world's top uranium producer, providing 43% of global supplies.
The Government has announced new rules to make rooftop solar panels more appealing.
FirstLight Network has increased resilience work as power bills rise in Tairāwhiti.
Businesses face potential closures without stable gas investment environments.
Household gas use is 4% of total consumption, but prices may rise.
The project will boost the key station's flexibility, says chief executive Malcolm Johns.
Revised forecasts have annual gas production falling below 100 petajoules by 2026.
Genesis is building a $150m battery at Huntly Power Station.
The changes to hydro generation are expected to power around 6000 more homes.
Small has called reports of business concerns a "big red flag".
'Sorting out our planning rules is critical to boosting economic growth.'
'It points to serious issues with the way market power is being exercised.'
Meanwhile, Greenpeace has described it as a 'Scorched Earth Budget'.
Shane Jones says the fund allows the Crown to take a 10%-15% stake.