Market Closed

18 Jun 2021 06:20:50

The future of clean energy for NZ

Posted: 18 Apr 2021

New Zealand has long had a head-start on clean energy, with 81 per cent of the electricity sector stemming from hydro and geothermal.

But other energy sources have also been gaining traction. With the Government putting the clamps on oil exploration, the natural gas industry has reinvented itself, announcing it will use hydrogen to replace fossil fuel natural gas over the next 30 years.  In this new world, your car is almost certainly going to be electric by 2050, and hydrogen will probably be playing a key role in heavy transport.  Aircraft and ships will eventually be driven by biofuels, derived potentially from wood from our own forests.

Read more here.