ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

John Carnegie: $16B Pumped Hydro Scheme "Was a problem"

Author
Newstalk ZB,
Publish Date
Mon, 4 Dec 2023, 8:05AM

John Carnegie: $16B Pumped Hydro Scheme "Was a problem"

Author
Newstalk ZB,
Publish Date
Mon, 4 Dec 2023, 8:05AM

The energy sector is pointing to international evidence to back axing the Lake Onslow pumped hydro scheme.

Energy Minister Simeon Brown says the 16-billion-dollar project, was pouring money down the drain, at a time when we need to be reining in spending.

He says axing the scheme will increase confidence to invest in more energy production.

Energy Resources Aotearoa John Carnegie told Tim Dower that Australia's Snowy 2.0 is enough evidence to show it wouldn't have delivered for Kiwis.

 

LISTEN ABOVE

Take your Radio, Podcasts and Music with you