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8 Jul 2024 9:38
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      Home > News > Business

    New MBIE data reveals New Zealanders will be using 80 percent more power than we do now, by 2050

    New MBIE data reveals New Zealanders will be using 80 percent more power than we do now, by 2050

    4 July 2024
    It shows demand is expected to grow as fossil fuel use switches to electricity, electric vehicles increase and new demand - such as data centres come online.

    MBIE market manager Mike Hayward says he's confident we can rely more on electricity from renewable sources.

    He says the last quarter showed a 51 percent increase in generation from solar.

    © 2024 Newstalk ZB, NZCity


     Other Business News
     08 Jul: People can add more veggies on their grocery lists, as prices continue to be cheap
     08 Jul: Grocery prices could go back down to pre-pandemic levels next year
     08 Jul: Mystics goal shoot Grace Nweke has vented her frustration at the Steel defensive circle after their 68-47 ANZ Premiership netball win
     07 Jul: A Taranaki accountant who lost 300 thousand dollars in a scam has got a full refund
     05 Jul: NZ’s commercial rocket industry is taking off, but national space law needs a boost
     05 Jul: Booktopia, Australia’s biggest online bookseller, is poised for collapse. That doesn’t mean bookshops are in trouble
     05 Jul: Offers are being made to buy a popular buy-now, pay-later service after going into receivership
     Top Stories

    RUGBY RUGBY
    A 32-year-old record has been snapped at the New Zealand Squash Championships in Tauranga More...

    BUSINESS BUSINESS
    People can add more veggies on their grocery lists, as prices continue to be cheap More...


     Today's News

    		 Politics:
    French live election updates: Polls close in France as voters wait to learn results of snap parliamentary election 9:37

     Politics:
    Early polling predicts leftist coalition has won the most seats in France's snap parliamentary election 9:27

     Tennis:
    Elsewhere, men's number one Jannik Sinner's beaten Ben Shelton in three sets 9:27

     Motorsports:
    Formula One driver Lewis Hamilton has held off Max Verstappen to clinch another record-breaking ninth British Grand Prix victory 9:07

     Health & Safety:
    Belief a boost in funding of heart failure drugs for all New Zealanders is another step towards addressing inequities 8:57

     Motorsports:
    Formula One driver Lewis Hamilton has claimed a record-breaking ninth British Grand Prix victory at Silverstone  8:27

     Living & Travel:
    More details around plans to charge Wellingtonians for parking at train stations 8:07

     Law and Order:
    One person is in a serious condition in hospital, after a serious assault in Papakura last night 7:47

     Rugby League:
    The Roosters have jumped to third on the NRL league ladder after trouncing the Dragons 42-12 in Sydney 7:27

     Business:
    People can add more veggies on their grocery lists, as prices continue to be cheap 7:27

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