Climate change

How would Contact’s (NZX:CEN) latest deal drive renewable electricity demand?

October 06, 2021 08:21 PM PDT| By Sonal

Highlights Contact Energy has signed deals with 2 firms to supply renewable electricity for 10 years. Contact also signed a renewable electricity deal with Genesis in August. The Group aims to increase demand for its renewable electricity by r.....

What is the progress on Southland green hydrogen plant?

October 04, 2021 07:47 PM PDT| By Neha Simpy

Highlights The proposal to create a green hydrogen plant in Southland has been receiving solid interest from both local and global businesses. Recently, Commerce Commission gave its nod to Mercury NZ to acquire the retail business of Trustpower.....

Is Australia on track to accomplish its 2030 Emissions Reduction Target?

October 02, 2021 07:32 AM PDT| By Manisha

Addressing the global issue of climate change, Australia had pledged to reduce its greenhouse gas emissions to about 26% down 2005 levels by the year 2030 at the Paris climate change conference in December 2015. The government has been taking seve.....

Why these 4 ASX, NZX-listed energy stocks are in news

September 29, 2021 06:42 PM PDT| By Roma

Highlights Talks underway regarding first green hydrogen plant in New Zealand. Meridian Energy provides a management update. Mercury NZ receives clearance from Commerce Commission. New Zealand’s energy sector is known to have surviv.....

Discussing World News Day theme of the year: climate change

September 29, 2021 01:26 AM PDT| By Toshiva Jain

Highlights Journalists from 450 newsrooms and six continents joined an event to discuss journalism’s role in bringing the climate change crisis into the limelight. World News Day is organised by The Canadian Journalism Foundation (C.....

Mercury NZ (NZX:MCY) gets Commission’s nod for this acquisition

September 28, 2021 12:08 AM PDT| By Roma

Highlights Mercury NZ receives clearance by Commerce Commission for the Trustpower acquisition. The green signal could mean a new chapter in growth and development for the Company. The prospective acquisition could mean new 780,000 connections.....

7 Roadblocks every EV customer is facing

September 24, 2021 02:12 AM PDT| By Mohammad Zaid

Highlights Electric car sales touched 2.1 million worldwide, surpassing the numbers in 2018. EV adoption is gaining pace across the globe, but there are numerous roadblocks to the adoption of EVs by customers. Overcoming these challenges.....

What provoked the UN Chief to say, “the world is facing a dead end?”

September 22, 2021 05:50 PM PDT| By Toshiva Jain

Highlights The UN Secretary-General Antonio Guterres warned that the current global efforts are insufficient. The Secretary-general asserted on the currently established vaccine inequity around the world. The focus for development and safety n.....

What does 5G mean for the environment?

September 22, 2021 01:20 PM PDT| By Toshiva Jain

When the first-generation wireless technology came out in the 1980s, no one would have thought what the fifth generation (5G) could do? Now, we live in a world where the role of the internet is dramatically growing across sectors. Interestingly, CO.....

Has Z Energy’s (NZX:ZEL) fuel demand taken a hit?

September 20, 2021 08:09 PM PDT| By Sonal

Highlights Z Energy is witnessing reduced demand for all fuels at present. Z has projected its volume reduction as New Zealand moves through various Alert levels amid the COVID-19 outbreak. The Group expects its RC EBITDAF to be between $270 m.....

Which are 5 NZX energy stocks to be considered in 2021?

September 20, 2021 02:46 AM PDT| By Sonal

Highlights NZ uses solar, hydro, wind and geothermal heat to generate electricity. Genesis Energy posted $358 million as EBITDAF in FY21. Meridian Energy provided its operating report for August 2021. Energy stocks are related to companie.....

Is Meridian Energy(NZX:MEL) on a growth path post FY21?

September 13, 2021 05:45 PM PDT| By Roma

Highlights Meridian Energy went through tough times due to drought and COVID-19 disruptions Annual results were reflective of these conditions Substantial Dividend declared by the Company with DRP plan Energy companies also witnessed lowe.....

How are 5 NZX energy companies extending support to consumers?

September 13, 2021 02:32 AM PDT| By Jasmine Anand

Highlights During the current lockdown, many power companies are assisting the vulnerable NZ population with electricity and power bills, schedule, and terms of payment, etc. Genesis Energy to hold an online ASM in October end. Meridian Energy.....

Here’s how AI can help humanity win the climate change battle

September 10, 2021 07:41 AM PDT| By Toshiva Jain

Highlights All the findings suggest that whatever pledges have taken till now are not efficient nor effective. A recent report published by the World Economic Forum suggested how AI can become the ‘Swiss Army knife’ in the bat.....

What role do the 5 NZX energy companies play in supplying power?

September 09, 2021 06:49 PM PDT| By Jasmine Anand

New Zealand, an island nation, has most of its electricity generated through hydropower, while other sources like geothermal, solar, and wind make up for the rest. Major companies supplying electricity across the country are Contact, Meridian, Gen.....