Latest / Early Edition with Ryan Bridge / Ralph Sims: Massey University Professor of Sustainable Energy on the need for oil and gas exploration in New Zealand
Transcript
- 0:00Speaker 1: Right, let's return to our big story of the day,
- 0:02Speaker 1: big changes for the electricity sector on the way. A
- 0:05Speaker 1: new regime for offshore wind is being developed, except to
- 0:09Speaker 1: be implemented by the middle of next year. A return
- 0:13Speaker 1: a ban, I should say, on the oil and gas
- 0:15Speaker 1: ban that was brought in under labor. National wants to
- 0:19Speaker 1: undo it. However Labor won't support it. So how enduring
- 0:23Speaker 1: is that for businesses who might want to invest in
- 0:26Speaker 1: exploration here in New Zealand. We'll talk about that in
- 0:29Speaker 1: a second.
- 0:30Speaker 2: Here is luxon a country like New Zealand with abundant
- 0:33Speaker 2: natural resources shouldn't be in this position. And so the
- 0:36Speaker 2: reality is, yes, we do need gas. In terms of
- 0:39Speaker 2: that firming part to our energy strategy, we obviously need
- 0:43Speaker 2: to double the amount of renewables that we have.
- 0:45Speaker 1: Ralph Smith is Nassi University Professor of Sustainable Energy. He's
- 0:48Speaker 1: with us this morning. Ralph, Good morning, Marita, Ryan, thanks
- 0:52Speaker 1: for being with me. Can we do this alone with
- 0:55Speaker 1: just renewables?
- 0:57Speaker 3: Yes we can because we've got such a resource ofnewables
- 1:00Speaker 3: and this is the most opportunity because this is climate
- 1:06Speaker 3: carbon free and the other options the governments looking at
- 1:10Speaker 3: are really increasing our greenhouse gas emissions, and of course
- 1:13Speaker 3: there's no decisions being made here. These are only things
- 1:16Speaker 3: that the government is looking at, like reversing oil and
- 1:19Speaker 3: gas exploration, importing liquefied natural gas, and they're technically possible
- 1:24Speaker 3: to do. There's no guarantees will find gas and importing
- 1:28Speaker 3: LNG is expensive, whereas we got the opportunity to develop
- 1:34Speaker 3: our renewable energy generation to a greater degree.
- 1:38Speaker 1: We're also when you're talking about intimate and things that
- 1:41Speaker 1: are uncertain rain when sun I mean those are issues.
- 1:45Speaker 1: That's why we're in this position in the first place.
- 1:47Speaker 1: Right at the hydro levels.
- 1:50Speaker 3: It's always a concern with a renewable energy system. But
- 1:54Speaker 3: there are bio energy plants that haven't been mentioned where
- 1:58Speaker 3: they're very common in Scandinavia, for example, where we're using
- 2:01Speaker 3: the waste from the forest, we take out the logs,
- 2:04Speaker 3: don't we leave the slash as it's called behind if
- 2:07Speaker 3: we collected that as well, and you can store that
- 2:11Speaker 3: and use it at any time, and that's exactly what's
- 2:14Speaker 3: happening in Sweden, Finland, Austria, Germany. So there's another opportunity there.
- 2:20Speaker 1: Talk about light, how long before we can harvest the forests.
- 2:24Speaker 3: Oh, it's sitting there now. In fact, it's a project
- 2:27Speaker 3: that we looked at twenty years ago. So the technologies
- 2:31Speaker 3: that are easy to do. You just chip the slash
- 2:34Speaker 3: and bring it out and then put it into the
- 2:35Speaker 3: bio energy plant, so you're not harvesting the.
- 2:38Speaker 1: Where's the bio energy plant? Do we have one?
- 2:41Speaker 3: This is a good point about the decisions that are
- 2:44Speaker 3: being looked at here, as electric line companies can own
- 2:48Speaker 3: more generation, so they could invest in bio energy plants
- 2:52Speaker 3: near to where the forest is and then generate the
- 2:56Speaker 3: electricity and sell that to their customers.
- 2:59Speaker 1: Fair enough point here. One, it was twenty years ago
- 3:02Speaker 1: you first looked at it, why haven't we done it?
- 3:04Speaker 1: And two that sounds like something that's away way off yet,
- 3:07Speaker 1: don't we need guess in the meantime?
- 3:10Speaker 3: Well, gas is the we way off too? Yeah. Genesis
- 3:15Speaker 3: Energy are looking to using bio energy in Huntley and
- 3:18Speaker 3: to replace it for coal, and they've done some tests
- 3:21Speaker 3: on that already, so it's not that far off. Maybe
- 3:24Speaker 3: if we look at LNG, it would take a long
- 3:26Speaker 3: time to build a infrastructure which has got gas regasification, storage,
- 3:31Speaker 3: distribution to accept the LNG when it arrives by boat
- 3:36Speaker 3: and New Plymouth or whether it might be, and if
- 3:39Speaker 3: we reverse the oil and gas exploration. We should note
- 3:42Speaker 3: here as well that although the oil and gas offshore
- 3:45Speaker 3: ban came in then the existing permits were still going
- 3:50Speaker 3: and companies were still looking for oil and gas right
- 3:53Speaker 3: the way through and on land as well. Absolutely.
- 3:56Speaker 1: I think the problem there though, is that you why
- 3:58Speaker 1: would you look for something you're not sure you can
- 4:00Speaker 1: actually get out of the ground and keep all of
- 4:03Speaker 1: your resources here at the same time, Ralph, I appreciate
- 4:05Speaker 1: your time this morning. Ralph Smith, Massey University Professor's System.
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