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Declining gas supply risks creating 'deindustrialisation' in the economy

Author
Newstalk ZB,
Publish Date
Tue, 12 Aug 2025, 12:58pm
Photo / Supplied
Photo / Supplied

Declining gas supply risks creating 'deindustrialisation' in the economy

Author
Newstalk ZB,
Publish Date
Tue, 12 Aug 2025, 12:58pm

The speed of decline of our gas supply could be hampering the transition to alternative energy.  

A Business NZ survey of commercial and industrial users shows average price rises have topped 100% in the past five years. 

Nearly half made various cuts to their business. 

Energy innovation centre Ara Ake's Jonathan Young told Kerre Woodham supply's fallen a lot quicker than anyone expected. 

He says it's hurting as companies try to transition. 

Young says it's like a relay runner falling short ahead of the baton exchange, and it's leading to de-industrialisation. 

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