Mike Fuge
Contact Energy make $573 million in last year
Billions of dollars of collective profits being made by New Zealand's top four electricity providers have prompted claims from the consumer watchdog that the system is broken.
In the last year… Audio
Glenbrook Steel Mill clean electric arc furnace expected 2027
In what is the country's largest ever initiative to reduce carbon emissions , the government is partnering with New Zealand Steel to install a Clean Electric Arc Furnace at the Glenbrook Steel Mill in… Audio
Gas and electricity rising for Contact, Genesis customers
Gas bills will rise by an average of 11 percent next month for Contact Energy customers, and 10 percent for Genesis customers - if not on fixed term contracts. Electricity prices are also on the rise… Audio
How power stations will stay running under mass isolation
Keeping the lights on during Omicron is literally the job of Energy company Contact.
It owns and operates 11 power stations. The company has close to 1,000 workers spread across eight locations… Video, Audio
Power companies looking to build green hydrogen plant
Contact Energy and Meridian Energy are looking to build the world's first large-scale green hydrogen plant in Southland.
A report for the two companies says a plant is feasible once electricity… Audio
Tiwai Point closure causes ripples through economy
It's been one of the longest running questions for New Zealand business: would Rio Tinto pull the plug on the Tiwai aluminium smelter? Today, we found out the answer. Rio Tinto, the majority owner of… Audio
Mike Fuge says its important fuel companies woth together to invest in infrastructure before it's needed
The government inquiry into the fuel pipeline leak in 2017 has found that fuel companies have failed to make investments to ensure that Auckland's jet fuel supply is resilient enough. The pipeline… Audio
Oil refinery operator falls deeper into red
High electricity prices and weaker oil refining margins have resulted in a bigger loss for the owner of the Marsden Point refinery. Audio
Solar farm would save Refining NZ $4m a year
Refining New Zealand is considering building a solar farm next to its Marsden Point refinery to reduce its emissions and cut power costs. Audio
Shipping industry concerns about fuel access under convention
The shipping industry is warning of uncertainty and confusion when a global push for cleaner fuel hits New Zealand. Marpol, which is short for marine pollution, is an international convention created… Audio
Refining NZ looks to generate hydrogen from solar energy
Refining New Zealand is scoping out the potential of generating green hydrogen from solar energy. Audio
Refinery operator's profit down after lengthy shutdown
The lengthy shutdown of the Marsden Point oil refinery has knocked its operator's full year profit markedly lower. Audio