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7 Jul 2024 6:52
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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


    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
     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
     04 Jul: Vehicle sales are continuing to plummet
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    BUSINESS BUSINESS
    NZ’s commercial rocket industry is taking off, but national space law needs a boost More...



     Today's News

    Entertainment:
    David Beckham ripped his purple wedding suit as he and his wife recreated their looks from the big day to mark the 25th anniversary of their nuptials 6:37

    Entertainment:
    Tom Hanks' son is slamming bigots who have "twisted" the meaning of his "white boy summer" phrase 6:07

    Accident and Emergency:
    Police are appealing for witnesses to a fatal crash in Wanaka yesterday 4:37

    Entertainment:
    Christina Applegate falls over in the shower while struggling to groom herself amid her brutal multiple sclerosis battle 21:37

    Living & Travel:
    Three Lotto players share Division One's million dollar prize after tonight's draw 21:17

    Entertainment:
    Joseph Gordon-Levitt gained "even more admiration" for Taylor Swift after singing her track 'Lover' on 'The Tonight Show' 21:07

    Entertainment:
    Lily Allen finds being on OnlyFans "empowering" 20:37

    Entertainment:
    Missy Elliott delayed her plans to tour to care for her dying dog 20:07

    Entertainment:
    Josh Hartnett had a "wild" time watching Taylor Swift's 'Eras' show 19:37

    Entertainment:
    Karen Gillan has noticed "some changes" post-MeToo movement - but insists more needs to be done to stop abusers from getting into "positions of power" 19:07


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