Bioflash - August 2024

Executive Officer's Opinion piece '...The extensive concern expressed this last month by business on the shortage of gas, and increasing gas and electricity prices, is a result of the energy sector and Government putting all its focus on electricity to meet energy supply and its failure to include biofuels.

The capture of Government by the electricity sector is reducing energy security by putting "all our eggs in one basket". It also reduces our flexibility to meet unforeseen events such as storms and earthquakes. We saw this in Northland where a single power pylon collapse affected the whole region. Having only a single energy supply system is not only high risk but fails to take into account the economic, environmental and welfare benefits achievable from a more robust energy supply system....'

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