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7 Jul 2024 9:40
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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
     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
     04 Jul: Household wealth grew over ten billion dollars in the first three months this year
     04 Jul: The Port of Tauranga says tax changes will hurt its profits
     04 Jul: Fewer people are in the market for cars, including electric vehicles
     Top Stories

    RUGBY RUGBY
    The new era of the All Blacks has begun with a tense win More...

    BUSINESS BUSINESS
    A Taranaki accountant who lost 300 thousand dollars in a scam has got a full refund More...


     Today's News

    		 Entertainment:
    David and Victoria Beckham reportedly toasted their 25th wedding anniversary with a pub dinner 9:37

     Business:
    A Taranaki accountant who lost 300 thousand dollars in a scam has got a full refund 9:27

     Entertainment:
    Kourtney Kardashian has no idea how she "even got dressed" for the 2009 Emmy Awards 9:07

     Entertainment:
    Kourtney Kardashian was stung by a scorpion that hid in her bikini bottoms 8:37

     Auckland:
    Parts of Auckland's Southern Motorway have now reopened - after a serious crash where a car hit a barrier, landing on its roof and blocking several lanes 8:37

     Soccer:
    Turkiye leads the Netherlands 1-nil at halftime in their Euro 2024 quarter-final in Berlin...thanks to a first-ever international goal for Samet Akaydin in the 35th minute 8:17

     Entertainment:
    Lupita Nyong'o felt the "pressure on" after she won an Oscar 8:07

     Accident and Emergency:
    Police are appealing for witnesses to a fatal crash in Wanaka yesterday 8:07

     Motorsports:
    Shane van Gisbergen has qualified in pole position for this morning's Loop 110 on the Chicago Street Course...and currently leads after 8 of the 50 laps 8:07

     Rugby:
    The new era of the All Blacks has begun with a tense win 7:57

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