This week the Government announced plans to build a Liquefied Natural Gas terminal in Taranaki. The facility - estimated to cost "north of $2bn" - will enable us to import gas from the rest of the world. Although according to the Electricity Authority that will come at a significant premium to domestically produced renewable energy and natural gas. The facility will be paid for by a levy on electricity users of $2 - $4 per megawatt hour. Author of the New Zealand Energy Substack Larry Blair chats to Jesse about it.
Photo: Sputnik via AFP
