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This week we look at 1 Corinthians 1:26-31 and see how God uses the weak things of this world to reveal His Power, so all our boasting is in Christ.
There's a vision Australia and New Zealand can help ease each other's seasonal electricity woes. Company Taslink is proposing a massive underground trans-Tasman cable, allowing surplus power to be transferred between the two countries. It estimates the link would increase our power grid's capacity by about 40%. Co-Director Richard Homewood told Mike Hosking it would have meant 20% lower power prices last winter. He says Australia has the opposite problem, with power outages during the hot summer days, when we have a surplus. LISTEN ABOVE See omnystudio.com/listener for privacy information.
More changes are on the way for the electricity sector, as power prices continue to rise. The Electricity Authority's proposing new measures to stop the big four electricity companies giving their own retail arms preferential treatment. The Government's lifting restrictions to allow lines companies to invest more in electricity generation. And Meridian Energy Chief Financial Officer Mike Roan told Mike Hosking the sector's also looking at how they can shore up energy supplies after being caught out by the gas shortage. He says they're scrambling, dusting off old contingency plans from 10 to 15 years ago. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Stage 6 load shedding returns! Eskom blames breakdowns and maintenance, but is there more to the story? Africa Melane speaks to energy expert Matthew Cruise from Impower to unpack South Africa’s latest power crisis with Africa Melane.See omnystudio.com/listener for privacy information.
I've been reading a report the OECD released this morning, and it's occurred to me that, if we want our businesses to survive, there is a very simple thing we could or should be doing to help. When I say we, I'm meaning the government upfront. But, for this to happen, I think we'd all pretty much have to agree to it as well. That's because it would mean giving businesses a better deal on something that all of us have to pay for —whether we own a business or not— and that's electricity. So this report I'm talking about is the OECD's 2024 economic outlook. There was one earlier in the year and Volume 2 came out at 5 o'clock this morning. It assesses how things are in all of its member countries and one of the key messages that comes through loud and clear is that, if we want to see better economic times here in New Zealand, we need to do something about the electricity market. You'll remember how earlier in the year some manufacturing plants shut their doors when wholesale electricity prices went up so much that they were seven times higher than what they'd been 12 months earlier. This report seems to focus on futures electricity prices – or “forward prices” as they're also known. Which is when electricity users can sign-up for a set price for their electricity for a certain period of time. The idea being that big businesses especially know what their power bills are going to be, and they don't get surprised or caught out by “spot prices” - which are the prices charged for electricity that vary from hour to hour. So the futures market is a bit like fixing your home mortgage instead of having it on a floating rate. Interestingly, this OECD report talks about futures electricity prices being a problem but my recollection of the manufacturing closures this year is that they were forced by spot price increases. Either way, the OECD says electricity prices are a significant problem – which is why I think all businesses, big and small, should get government subsidies for their electricity bills. In fact, one of the headlines in the report —in bold— says it is essential to tackle high electricity prices. Here's a direct quote, and bear in mind that these comments are specific to New Zealand. The report says: “High futures electricity prices for industry will exacerbate productivity problems by weakening business investment, especially in the green and digital transitions, as electricity is a core input for both.” “The electricity regulators and the government have launched reviews of the electricity market. Despite previous reforms to improve competition, electricity futures prices are high and above the threshold considered sustainable for the economy in the long run.” The OECD report also says: “These reviews should re-examine separating the generation and retail operations of large electricity companies to boost competition in the futures market and provide industry with more hedging options.” For me, what it says there about separating the power generation and power selling arms of the big power companies is a no-brainer. And Associate Energy Minister Shane Jones has already been making noises about that. But can you imagine how long that is going to take? Which is why I think that, in the more immediate term, we should all be subsidising businesses for what they pay in power. We should be doing that because businesses are vital for the economy. We should be doing it because businesses keep our smaller communities, especially, alive. When small-town businesses go, so do the people. And not just for the big outfits, we should be subsidising the power costs for every business. More than 90% of all businesses in New Zealand are small-to-medium enterprises. Now I know the way the tax system works, businesses already get subsidised power in some respects, being able to claim back the GST they pay on their power bills. But I don't think that goes far enough. And I know that business is all about the free market and making a go of things on your own, but when you've got the OECD saying today that power prices have been and will continue to be an impediment to economic growth in this country, then you have to listen to that. More importantly, you have to do something about it. Which is why I would be more than happy for all businesses in New Zealand to have cheaper power bills ASAP through electricity subsidies. See omnystudio.com/listener for privacy information.
Opposition Leader Peter Dutton speaks to Ray about a range of issues, including the bad behaviour of Senator Lidia Thorpe, Chris Bowen's vendetta against coal, and more!See omnystudio.com/listener for privacy information.
Is it time to go back on our nuclear-free stance? Power bills will be rising soon, the Commerce Commission allowing Transpower and local lines companies to raise their prices to avoid worse hikes further down the road. The average household bill is set to increase by $10 a month in April, and by $5 a month for the following four years. New Zealand has had a firm nuclear-free stance since 1987, but could introducing nuclear power be the solution to our power struggles? Dr David Krofcheck, Senior Lecturer in Nuclear Physics at Auckland University, told Matt Heath and Tyler Adams that nuclear power generation is a lot safer than people assume. He says the disasters that occurred in places like Fukushima and Chernobyl are abnormal events, and not the standard path for the operation of nuclear power plants. Renewables currently provide 82% of New Zealand's electricity needs, and 40% of our total primary energy, but despite their clean nature, there is still an issue with intermittency. Krofcheck says that he'd love for New Zealand to be open to nuclear to provide baseline power, since it would mitigate the intermittency problem. LISTEN ABOVE See omnystudio.com/listener for privacy information.
This week on the Team Lally Real Estate Radio Show, we interview Ryno Irwin, Owner and CEO of Hawaii Unified and Go Local Powur. Ryno dives deep into Hawaii's ongoing power crisis, the Public Safety Power Shutoff program, rising electricity costs, and how solar energy can provide a path to energy security and independence. He also shares about their nonprofit, Makaha Learning Center, and the diverse services of Hawaii Unified.We also have our Experts We Trust with their Tip of the Week. Duke Kimhan of HI Pacific Property Management explains the crucial role of parking in rental properties. Jodie Tanga from Pacific Rim Mortgage provides an economic update and a heartwarming story about helping a client save up to $600K. Bradley Maruyama from Allstate Insurance talks about the importance of having hurricane and flood insurance in Hawaii.Who is Ryno Irwin?Ryno moved to Maui at age 7 and lived there until high school. After time on the Mainland and returning to Maui for college, he settled in Oahu and launched a construction business in Makaha in 2006, starting his entrepreneurial journey. As the Owner and CEO of Hawaii Unified Industries and Go Local Powur, he is focused on growing the company and creating local jobs that support families. He is proud to serve as a steward of the company and its future.Hawaii Unified is a dynamic Project Developer and EPC Contractor specializing in commercial, industrial, and small utility-scale solar and battery energy storage. Known for their innovative business model, strong ethical foundation, and a team of industry leaders, Hawaii Unified is reshaping the renewable energy landscape in Hawaii, bringing sustainable solutions and transforming perceptions of clean energy.To reach Ryno, you may contact him in the following ways:Phone: (808) 695-8004 | (808) 460-6975Email: info@hawaiiunified.com | info@golocalpowur.comWebsite: https://hawaiiunified.com/ | https://golocalpowur.com/
Real Estate Careers and Training Podcast with the Lally Team
This week on the Team Lally Real Estate Radio Show, we interview Ryno Irwin, Owner and CEO of Hawaii Unified and Go Local Powur. Ryno dives deep into Hawaii's ongoing power crisis, the Public Safety Power Shutoff program, rising electricity costs, and how solar energy can provide a path to energy security and independence. He also shares about their nonprofit, Makaha Learning Center, and the diverse services of Hawaii Unified.We also have our Experts We Trust with their Tip of the Week. Duke Kimhan of HI Pacific Property Management explains the crucial role of parking in rental properties. Jodie Tanga from Pacific Rim Mortgage provides an economic update and a heartwarming story about helping a client save up to $600K. Bradley Maruyama from Allstate Insurance talks about the importance of having hurricane and flood insurance in Hawaii.Who is Ryno Irwin?Ryno moved to Maui at age 7 and lived there until high school. After time on the Mainland and returning to Maui for college, he settled in Oahu and launched a construction business in Makaha in 2006, starting his entrepreneurial journey. As the Owner and CEO of Hawaii Unified Industries and Go Local Powur, he is focused on growing the company and creating local jobs that support families. He is proud to serve as a steward of the company and its future.Hawaii Unified is a dynamic Project Developer and EPC Contractor specializing in commercial, industrial, and small utility-scale solar and battery energy storage. Known for their innovative business model, strong ethical foundation, and a team of industry leaders, Hawaii Unified is reshaping the renewable energy landscape in Hawaii, bringing sustainable solutions and transforming perceptions of clean energy.To reach Ryno, you may contact him in the following ways:Phone: (808) 695-8004 | (808) 460-6975Email: info@hawaiiunified.com | info@golocalpowur.comWebsite: https://hawaiiunified.com/ | https://golocalpowur.com/
This Week in Prepping we take a look at the ongoing power crisis in cuba, how long canned goods will last, the importance of community in prepping and making water out of thin air https://www.cnbc.com/2024/10/18/what-to-know-before-buying-platinum-bars-from-costco.html https://www.nytimes.com/2024/10/19/world/americas/cuba-power-outage.html https://www.marketplace.org/2024/09/27/the-doomsday-prepping-business-is-booming/ https://www.newscientist.com/lastword/mg26435111-200-in-a-post-apocalyptic-world-how-long-would-canned-food-remain-edible/ https://www.reddit.com/r/preppers/comments/1g6833p/overlooked_in_prepping/ https://www.youtube.com/watch?v=675IsU_07Zo https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929 https://variety.com/2024/tv/news/silo-season-2-trailer-apple-tv-news-round-up-1236177247/ https://www.reddit.com/r/Dewalt/comments/1e3fhnl/new_inverter/ https://www.dewalt.com/product/dcbl570z2/dewalt-60v-max-brushless-backpack-blower-kit https://www.reddit.com/r/Dewalt/comments/1bnjll7/boom_new_8ah_powerpack_tabless_battery_dcb2108/ https://www.mcgill.ca/oss/article/health-technology-you-asked/water-dehumidifier-drinkable CONNECT WITH ME http://www.patchofthemonth.co/ PATCH OF THE MONTH CLUB http://toolmantim.co/ WEBSITE http://toolmantim.shop/ AMAZON AFFILIATE https://c3c5a9.myshopify.com/ MERCH http://www.youtube.com/c/toolmantimsworkshop/ YT https://rumble.com/c/ToolmanTimsWorkshop RUMBLE http://www.facebook.com/toolmantimsworkshop/ - FB http://www.instagram.com/toolmantimsworkshop – IG http://t.me/toolmantimsworkshop TELEGRAM http://www.tiktok.com/@toolmantimsworkshop TIKTOK https://www.empshield.com/link/cmz0bp0/ Save $50 on EMP Shield Mailing Address If you have anything interesting tool related you'd like to send my way, for review or just because, use the address below. U.S.A. Mailing address Toolman Tim Cook 102 Central Ave Ste 10699 Sweet Grass, MT 59484 CANADIAN Mailing Address ‘Toolman Tim' P.O. Box 874 Provost, Alberta T0B3S0 Canada As an Amazon Associate I earn from qualifying purchases Opus.Pro https://www.opus.pro/?via=toolmantimsworkhsop StreamYard https://streamyard.com/pal/c/5780333750648832 TubeBuddy https://www.tubebuddy.com/pricin
This Week in Prepping we take a look at the ongoing power crisis in cuba, how long canned goods will last, the importance of community in prepping and making water out of thin air https://www.cnbc.com/2024/10/18/what-to-know-before-buying-platinum-bars-from-costco.html https://www.nytimes.com/2024/10/19/world/americas/cuba-power-outage.html https://www.marketplace.org/2024/09/27/the-doomsday-prepping-business-is-booming/ https://www.newscientist.com/lastword/mg26435111-200-in-a-post-apocalyptic-world-how-long-would-canned-food-remain-edible/ https://www.reddit.com/r/preppers/comments/1g6833p/overlooked_in_prepping/ https://www.youtube.com/watch?v=675IsU_07Zo https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929 https://variety.com/2024/tv/news/silo-season-2-trailer-apple-tv-news-round-up-1236177247/ https://www.reddit.com/r/Dewalt/comments/1e3fhnl/new_inverter/ https://www.dewalt.com/product/dcbl570z2/dewalt-60v-max-brushless-backpack-blower-kit https://www.reddit.com/r/Dewalt/comments/1bnjll7/boom_new_8ah_powerpack_tabless_battery_dcb2108/ https://www.mcgill.ca/oss/article/health-technology-you-asked/water-dehumidifier-drinkable CONNECT WITH ME http://www.patchofthemonth.co/ PATCH OF THE MONTH CLUB http://toolmantim.co/ WEBSITE http://toolmantim.shop/ AMAZON AFFILIATE https://c3c5a9.myshopify.com/ MERCH http://www.youtube.com/c/toolmantimsworkshop/ YT https://rumble.com/c/ToolmanTimsWorkshop RUMBLE http://www.facebook.com/toolmantimsworkshop/ - FB http://www.instagram.com/toolmantimsworkshop – IG http://t.me/toolmantimsworkshop TELEGRAM http://www.tiktok.com/@toolmantimsworkshop TIKTOK https://www.empshield.com/link/cmz0bp0/ Save $50 on EMP Shield Mailing Address If you have anything interesting tool related you'd like to send my way, for review or just because, use the address below. U.S.A. Mailing address Toolman Tim Cook 102 Central Ave Ste 10699 Sweet Grass, MT 59484 CANADIAN Mailing Address ‘Toolman Tim' P.O. Box 874 Provost, Alberta T0B3S0 Canada As an Amazon Associate I earn from qualifying purchases Opus.Pro https://www.opus.pro/?via=toolmantimsworkhsop StreamYard https://streamyard.com/pal/c/5780333750648832 TubeBuddy https://www.tubebuddy.com/pricin
Episode 435: Neal and Toby discuss the economic fallout from Cuba's power crisis as it has gone 3 days without any electricity. Then, Sam's Club introduces its “store of the future” with no checkout lanes in hopes of providing a complete frictionless shopping experience. Also, a startup thinks it has the technology to help wealthy couples increase the IQ of their babies, opening up another debate on the ethics of human genetic engineering. Meanwhile, nuclear stocks and robotaxis are the weekend winners. Lastly, the biggest news in the coming week ahead. 00:00 - Philly gets its own portal 2:30 - Cuba's power problem 6:50 - Sam's Club goes in on tech 10:30 - Controversial smarter babies 15:30 - Nuclear stocks surging 18:30 - Waymo is winning people over 21:50 - Week Ahead Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Find your fit at bonobos.com and use code BREW20 for 20% off. Join us at our trivia night! Visit morningbrew.com/events to register Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Journey of Hope, host Elio Constantine is joined by Camille Melki, CEO and co-founder of Heart for Lebanon, to discuss the organization's response to Lebanon's multifaceted crises.From economic collapse to power shortages, the conversation sheds light on how Heart for Lebanon continues to bring hope to the most vulnerable. Camille elaborates on the country's recent power crisis, explaining how a lack of elected officials and deep-rooted corruption led to a complete shutdown of government-provided electricity. Despite this, Heart for Lebanon remains a beacon of light, thanks to foresighted management and the generosity of its investors. The organization's solar systems and generators ensure uninterrupted Ministry operations, allowing them to continue serving their community.The episode also introduces Heart for Lebanon's new and exciting Ministry opportunity: the Farm to Table Program. Camille shares how a generous donation of land adjacent to their Ministry Center in the Bekaa Valley has been transformed into an agricultural haven. The land now produces seasonal vegetables and fruits, providing both job opportunities and fresh produce to those in need. This initiative not only meets physical needs but also restores dignity and purpose to the community.Heart for Lebanon's commitment to being the light in the midst of darkness is evident in their every action. From providing essential services to offering spiritual care through discipleship programs and Bible studies, they embody Christ's call to be the light of the world.Join us in this episode as we delve into the challenges and triumphs of Heart for Lebanon, and learn how you can be a part of this transformative journey.Don't forget to rate, review, and share this podcast with your family and friends. For more information or to join our prayer team, visit heartforlebanon.org/prayer. If you have any feedback or questions, feel free to email us at podcast@heartforlebanon.org.
Far too many social impact orgs are giving their power away — and they don't even know they're doing it. There's a fundamental tension in the social impact space. A tension between the generosity that powers this sector and the need for social impact brands to leverage their power so they can make a true impact. But when this healthy tension strays out of balance — in either direction — the results can be disastrous. Relying solely on the generosity of your supporters leads to the common “hat in hand” position that leaves many incredible organizations begging for money/resources and stuck in the scarcity mindset/starvation cycle. Too much focus on power (this is rarer, but it does happen) means that bigger, more established organizations suck up resources and leave smaller (and sometimes more impactful) orgs begging for the scraps of available funding within an issue area. And giving your power away can happen with the smallest of well-intentioned actions. From how you craft your donation appeals, to how you position yourself in your niche, to how you develop your team's internal culture. Today, Jonathan and Eric break down all the ways that social impact orgs are unknowingly giving their power away and how to strike a healthy balance between the generosity that powers your work and strength in your approach to reaching your mission.Have you ever felt like you've given your power away, or felt powerless in your social impact work? Then this episode is a must listen.Watch on YouTube or listen wherever you get your favorite podcasts.Episode Highlights[00:00] - Introduction and Topic Setup[01:15] - Exploring Power in Social Impact[02:24] - Personal Experiences with Power Dynamics[04:05] - The Power Crisis in Social Impact[06:04] - The Trap of Transactional Marketing[12:00] - Brand Building as a Power Tool[08:01] - Balancing Values with Financial Necessity[14:47] - The Importance of Credibility and ReputationQuotes"Power really is the ability to influence behavior or change the course of events, and when used wisely, it can shape the future, especially in the social impact space." - Eric Ressler [01:15]"As an executive director and marketer, questions of power often arise in conversations with influential stakeholders, whose power could move the needle significantly for the organization I serve." - Jonathan Hicken [02:24]"One big way that social impact organizations are giving their power away is by practicing transactional marketing and fundraising, which might hit short-term goals but comes with long-term costs." - Eric Ressler [06:04]"Another side effect of too much transactional marketing is that it becomes about the organization rather than the impact you're seeking, which dilutes your power." - Jonathan Hicken [06:32]"Building a solid brand and marketing muscle can help your organization build credibility and authority, which opens up new opportunities, resources, and, ultimately, power." - Eric Ressler [15:10]Resources:Article - Brand Building: An Authentic Approach to Growing a Fierce, Loyal, and Supportive Community*** If you liked this episode, it really helps a new podcast if you can help spread the word. Share with your friends or co-workers, post it to social media, “follow” or “subscribe” in your podcast app, or write a review on iTunes. We could not do this without you!Listeners, now you can text us your comments or questions by clicking this link.
Another blow for regional New Zealand and the manufacturing industry is being seen as potentially devastating. Methanex is proposing cutting staff and moving from two plants to one. Earlier this week Winstone pulp confirmed plans to shut, putting more than 200 jobs on the chopping block after soaring energy prices. Energy Resources Aotearoa's John Carnegie told Ryan Bridge the system is going from crisis to crisis - something he believes is predictable following the oil and gas ban. He says it leaves a hole in the confidence of investors. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Free market profit driven Power Crisis - Prof Stephen Poletti's expertise is in energy economics & industrial organisation. We will discuss allowing the free-market to control our energy development and distribution to be driven by profit motive policy encourage the drive for profits over the need for secure non-carbon energy. And have electricity user particularly householders but also manufactures and industrial users such as forest products and Wood product mills been protected from energy profiteering by power generators who have quadrupled their profits and enormously increased their dividends recently. Broadcast on OAR 105.4FM Dunedin www.oar.org.nz
Yesterday the Prime Minister announced what we all know to be true, that we have an energy security crisis. We seem to have been having them for a while now, every winter there are concerns about brownouts. The Electricity Authority put it into plain English on their website - winter sees the highest demand for electricity, obviously, also when it's unseasonably cold in autumn or spring, that can cause high demand periods. The winter peak capacity reflects the ability of the electricity system to meet high winter demand. So typically, solar doesn't produce electricity during peak demand periods in winter because it's dark. Wind generation, which is 10% of New Zealand's electricity generation capacity and growing, isn't reliable because, who knew, but cool temperatures bring low wind speeds. So solar is out, wind generation is out during winter. That leaves hydro, geothermal, and thermal generation to provide the bulk of electricity during high demand periods. Geothermal already runs at near full capacity, so only thermal and hydro can ramp up and down to meet the winter peaks. But when you have a perfect storm, as the Prime Minister called it yesterday, winter peak capacity and a dry year, when low rainfall sees the hydro lake levels fall below average for an extended period of time, hydropower can't ramp up. There's no water there, they can't push the turbines. So then we have to burn coal. Coal use soared in 2021 to the highest in about 30 odd years. Then coal use plummeted in 2022, reflecting the vagaries of the weather and the fact that some more renewables were coming online. But while solar and wind can store some excess energy using batteries, that's limited to only a few hours' worth of electricity, and isn't enough to manage a situation where rainfall is below average for weeks to months. So there are all sorts of solutions being explored to try and make up for those dry years during winter. I mean it makes perfect sense, doesn't it? We've known about this for a very, very long time. We are dependent on rainfall during winter, we use more electricity during winter. If there is a dry year, we have to get the energy from somewhere, and right now our choices are coal, coal, and coal. So we are exploring the renewables, but why are we still exploring them when we've known for a very, very long time that people are concerned about climate change, that the world is moving to renewables. Why are we still exploring them? Chris Luxon says while we're exploring the renewables, we need to reverse the ban on offshore oil and gas exploration and take urgent steps to bring liquefied natural gas into the country to offset the energy shortages because our exporters need certainty, they need to know that the factories will keep running so they can sell our products, so we can make some money. Forgive me if this is all very 101 but this is what we need to know: we need to know that when we turn on the switch at the factory, the power will come on. And if we're concerned about burning coal, we need to have something to replace it. And we don't have anything secure yet, so the Prime Minister has said let's bring in liquefied natural gas, which other countries use to sort of level out electricity supply. So he's also looking at the ban on offshore oil and gas exploration being reversed. That's been in place since Labour came to power in 2018 outside of onshore Taranaki. The opposition parties, in a shocking revelation, are dead against the importation of liquefied natural gas, seeing it as just another fossil fuel. But we need certainty and security so what's their solution? There are a number of questions though. We may be open for exploration but would oil and gas companies want to come here? Especially if Labour goes ‘no, dead against it, we're not having a bar of it, fossil fuels are dead and gone'. So why would you come here, given the electoral cycle? Also, in 2012, Petrobras, the Brazilian oil company that came here to do a little bit of a looksie to see if they could make money out of exploiting oil and gas here, they pulled out. They got the license and the permit in 2010, they pulled out in 2012 because they said there weren't enough indicators for them to continue. All very well to reverse the ban, but would people come here? And on the renewables, when you have the four big generation and retail power companies recording their largest single year rise in earnings this year, what's that all about? If we are the majority shareholders, which we are, and we are in the middle of an energy security crisis, then why can't we push them into spending more of their money, more of their profits, into the renewables? Fast track it, get them cracking. This was along the lines of what Mike Hosking asked Christopher Luxon, the Prime Minister, when he was on this morning. “You know we'll keep an eye on the level of profitability, but they also need confidence to invest because we want them, and I know they will, to spend huge amounts of capital on actually, you know, doubling that renewable electricity in geothermal, and wind, and solar, and all the stuff that needs to happen. So as I said, it is about making sure that we're giving people confidence, and that's what the announcement was about yesterday, was to say to many of those international investors who want to do the offshore engineering solution for LNG implementation, who want to do exploration for gas, who actually want to know that can go. A huge number of the projects that Chris Bishop's looking at on the Fast Track Approvals are people want to do renewable projects, but actually, the consenting times insane. It's absolutely insane. So let's just change the rules, make it a year, extend the consents, all that good stuff.” As a majority shareholder, and I know normally you wouldn't interfere in the running of a company, no, put those billions collectively of dollars of profits into renewables right now, and we'll make it easier as the government to fast track those projects you want in place. Chris Hipkins says there is already consented renewable electricity that could be built right now but these big gentailers are choosing not to build them because it's in their commercial interest to keep energy scarce and maximize profits, which would be economic sabotage if that is true. And you'd have to take that, anything I suppose, a politician says with a grain of salt, but if they are already consented, why aren't they being now? I have more questions than I have answers for you, so I am looking to you for the answers, those of you who know more than I! We know we have an energy security crisis. Chris Hipkins says that there are consents in place. We could get cracking if the gentailers want to. They have made squillions, so it's not like they're wondering where their next buck is coming from. They've made millions from us, we're the ones paying the price every single time for decisions made by these big companies and by governments. So get cracking with the renewables, government, do your work by fast tracking these already consented projects. They need to start. The gentailers need to start on those. Any that are still waiting for consents, we fast track them. Oil and gas exploration? Sure. reverse the ban, but is anybody interested in coming here? See omnystudio.com/listener for privacy information.
Sometimes, no matter how much of a greenie you might think you are, you just have to get real. Tell that to the likes of the Labour Party, though, which is saying the moves announced by the Government to try and make sure we have enough electricity to keep the heaters and lights on, and the factories operating, show that it is “giving up on climate change”. Which is nonsense. Greenpeace New Zealand is taking it a step further and accusing the Government of “outright climate denial”. Again, nonsense. And, whether I like it or not, I'm looking at what the Government has announced to deal with, what it's now calling the energy crisis and, I'll be honest with you, I'm finding it hard to argue with. I feel like I should be arguing against it. But I can't. Because I think, in the face of reality, the Government is doing what it has to do. And, instead of giving up on climate change —like Labour is saying— the Government is giving up on a pipedream. A pipedream that New Zealand would only be using renewable energy by 2030, in six years' time. That was the target we had - up until yesterday. But, as you might have heard the Prime Minister say, that was nothing more than a slogan on a bumper sticker, and so it's gone. Oil and gas exploration are back. The Government also wants to see more gas imported to help generate more power. But before we get too excited, neither of those are going to fix things overnight. In relation to the importation of liquified natural gas - the first thing the Government has to do is remove the barriers which stop gas being imported. So that's the paperwork side of it and they will take some time. Then there's all the logistics of getting the gas here. So the power bills aren't going to suddenly start coming down. Not this year, anyway. As for the other piece in the puzzle —getting oil and gas exploration up and running again off the New Zealand coast— that's a slow burner too. In fact, it's such a slow burner that I don't think we will ever see it happening. Because governments change and, if Labour is true to its word, it will put the ban back in place whenever it ends up in government again. Not that that will be a problem for National. Because, even if it goes nowhere, it will still be able to crow that it tried to do something. Even the Prime Minister acknowledges that we've got a bit of making-up to do when it comes to giving foreign oil and gas companies confidence that New Zealand is somewhere they should think about coming back to, after Labour pulled the plug on exploration. So what the Government is doing is a mix of practicalities and politics. It's being practical in terms of paving the way for liquified natural gas to be imported so we can generate the electricity we need, for the time being. And it's being political with the removal of the oil and gas exploration ban because, as I say, even with the ban lifted - I don't think we'll see it happening again. But —as any politician will tell you— sometimes, being seen to do something, is just as important as whether it works or not. See omnystudio.com/listener for privacy information.
At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Banks: 6/10 Coming to the party. In Britain this week we have seen tangible life hit the housing market after one cut by the Bank of England. Could it happen here? The Prime Minister: 7/10 For giving the councils a reality check. They stand out as almost the sole survivors of the Covid “sting 'em where it hurts” brigade with their bizarre cost-plus-accounting view of life. Power: 1/10 This is a shambles. You've got the immediate problem and the long-term problem. Both are, and have been, avoidable. It looks third world. Kamala Harris: 8/10 The week of her life. Half a billion raised, the Obama's with the light show, and today is the acceptance of the nomination. And polls that show it's all on. Darleen Tana: 2/10 Everything that is wrong with representation at the highest level. If it's not councils wasting your money, it's tyre kickers wasting our time. The Warriors: 1/10 What might have been, what could have been, what should have been. Now we are left with the Bulldogs, a contest that means nothing, and a goodbye to a great bloke who deserves better. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.
A not unfair question to ask, as we return to the power crisis of 2024, is are we being told the full story? For the third time Tiwai has been asked to reduce power use. Methanex is allegedly in the throes of cutting another deal with the Government over gas. Winston has already announced they are closing. They are not alone. The Major Electricity Users' Group is asking us, all of us, to use less power. So just how bad is this? Who knows how bad it is, and are they not telling us? I read an article that involves one of the mill workers being laid off. He talks of the meeting where the boss is in tears, lots of people are in tears as, of a town of one thousand, 230 are losing their jobs. People text me and talk of hedging. It's not an unfair point but you can't hedge forever, and the major point is not the here and now. It's the fact the here and now is not a one off. Each and every winter Transpower tells us about cold mornings and supply issues. This is at the same time that whatever the power companies are investing in clearly doesn't cover the gab. It also clearly doesn't take into account EV's, data centres and A1. If an aluminium smelter can't do what it wants to and if a mill can't even open, we aren't really forging ahead to a new tomorrow with AI and data centres springing up all over the place. Methanex is now a company that sells gas, not produces methane. How many people are giving up how much to scrape through? If we scrape through, what then? Apart from the sigh of relief, what then? What's the plan? Is the investment as it stands providing us with a future-proofed level of power or not? Does anyone really know? I don't blame the worker in the article, but he asked why the Government doesn't bail the mill out, given Mercury supply the power and the Government has a stake in Mercury. When you're asking questions like that pretty much everything is broken. See omnystudio.com/listener for privacy information.
On the Early Edition with Ryan Bridge Full Show Podcast for Thursday 22nd August 2024, Local Council leaders have been told by the Prime Minister to reign in their own spending before asking central government for more money. Local Business Forum Chair Matt Cowley speaks to Ryan about what local economies need. The Education Review Office has found Kiwi kids are not starting school with the language skills needed, saying Covid has had an impact on development. New Shoots Children's Centre Director Kelly Seaburg joins the show to give her thoughts. Transpower will decide today whether to allow power generation companies to use contingent lake levels to boost our power generation. Major Electricity Users Group Chair John Harbord talks to Ryan about the impact the power crisis is having on large industry. Get the Early Edition with Ryan Bridge Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Transpower will today decide whether it'll take the next big step in combatting the current power shortage. Spiking electricity prices have forced Winstone's central North Island pulp and sawmills to propose closing, with more than 200 jobs on the line. Transpower will make a decision on if generators can take more water from the hydro lakes - creating more power. Major Electricity Users' Group Chair John Harbord told Ryan Bridge he'd be surprised if they don't tap into them. He says we have this water set aside for emergencies, and there's no doubt the crisis we're in is anything but a critical issue for our communities. LISTEN ABOVE See omnystudio.com/listener for privacy information.
It's believed New Zealand's current energy dilemmas highlight the double-edged sword of renewable power. Low lake levels, acute gas shortages, and periods of low wind have contributed to a looming energy supply crisis and skyrocketing prices. Our biggest gas user, global methanol manufacturer Methanex, will shut down its Kiwi operations until October and redirect its gas to Contact Energy and Genesis Energy. Major Electricity Users' Group Chair John Harbord says it's a fix, but just a temporary one. He told Mike Hosking new gas is urgently needed no matter if it's imported or explored. Harbord says being reliant on renewable energy also means an increased reliance on gas and coal. LISTEN ABOVE See omnystudio.com/listener for privacy information.
National's Mark Mitchell and Labour's Ginny Andersen joined Mike Hosking to dig into some of the biggest stories of the week on Politics Wednesday. Parliament is taking another break – off three weeks for the school holidays, back for two weeks, and off for another. What's prompted this one? The country is facing a power crisis, what are their thoughts on the matter, and what can be done to solve it? LISTEN ABOVE See omnystudio.com/listener for privacy information.
So, what to make of the so-called power crisis? About this time yesterday Mike Fuge from Contact Energy gave an eloquent defence of the power industry. He said it works fine, we are in a period of transition, the investment is being made and it will all work out well in the end. Tell that to the mills who have so far closed, or stopped, and the workers who are waiting to hear whether they have jobs. Tell that to the businesses paying double what they did last year for power. Tell that to the farming sector, the likes of Fonterra, who say this now affects our export competitiveness. They claim they have been arguing for industry reform for ages now. ANZCO, who are into meat, are paying twice what they were last year, and you know who that gets passed onto. In the meantime, the Government is looking at liquefied natural gas. Contact claimed yesterday on this show an announcement was coming on gas. Let's hope it's good. And at some point we may or may not hear from the Commerce Commission or the Electricity Authority. Although, if you have followed the various scraps of late over things like petrol, or building supplies, or supermarkets, or banks, when the likes of authorities get involved it appears to be more headline noise than any actual change. The big picture is the key here. If we can't make enough power now, even with the arrival of the new stuff like the geothermal power and the wind and the solar, where do EV's, data centres and AI fit in? Whether at a crisis point or not, power is too expensive in this country and not just too expensive, but clearly unreliable. Three main things drive the industry currently - rain, gas, and wind. There isn't enough rain currently. We stopped looking for gas and current reserves are running out. The wind isn't blowing. That's three good options on paper but in reality, it doesn't work. So the industry says don't panic but the users say it's a crisis and our exports are being hit. It seems to me this is a job for the Government. Jawboning, to this point, hasn't and isn't working. Leaving it to the market isn't working. If you don't have power, you are third world. We look, currently, pretty third world. See omnystudio.com/listener for privacy information.
At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Smith & Caughey's: 7/10 A bright spot in a tough old economic week. Smaller is better than nothing at all. Jobs: 6/10 In this weird old world being not as bad as you thought isn't really good news. Power: 1/10 This is the scandal of the week, or month, or year, and the last Government. Power drives economies and we don't have enough and what we have is the most expensive in the world. If you can't make enough power you're little more than Third World. Tim Walz: 6/10 Because he's refreshing and, yet, a mistake. He's affable, funny and likeable, but of the left. You don't get middle America on your side by being left of Kamala. Shaun Johnson: 8/10 Great guy, great player, great story and great legacy. The Olympics: 6/10 I feel the same as last week. I'm not feeling it. It could be the time zone. But I'll tell you this for nothing - I bet the Australians are up at all hours and loving it. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.
The Government could be importing liquefied natural gas to relieve businesses struggling with high power prices. An Auckland paper recycling pulp mill with 75 staff is proposing to close. Ohakune's Winstone pulp and timber mills are also at the brink of closure, putting 300 jobs on the line. Both blame sky rocketing increases in power prices over the years. Finance Minister Nicola Willis told Mike Hosking she understands the Government may have to go to drastic measures like importing gas to give relief for businesses. She says she's hearing there's a lot of pain and pressure being felt by businesses because of these high prices. Willis is also tempering expectations for public servant pay increases. The Government's written to public sector agencies ahead of collective negotiations saying they must keep spending reined in, and any increases should be based on performance. It follows thousands of jobs being cut in the sector to meet Government budget cuts. Willis told Hosking agencies need to be realistic about the challenges in the economy. She says in the past public sector pay increases have risen ahead of those in the private sector, and that's not right. LISTEN ABOVE See omnystudio.com/listener for privacy information.
WORLD: Tourism worsens Pakistan power crisis | June 8, 2024Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us:Facebook - https://tmt.ph/facebookInstagram - https://tmt.ph/instagramTwitter - https://tmt.ph/twitterDailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts:Spotify - https://tmt.ph/spotifyApple Podcasts - https://tmt.ph/applepodcastsAmazon Music - https://tmt.ph/amazonmusicDeezer: https://tmt.ph/deezerStitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tuneinSoundcloud: https://tmt.ph/soundcloud#TheManilaTimes Hosted on Acast. See acast.com/privacy for more information.
Enrique Abeyta, Founder/CEO of HX Research, joins the podcast to share his thesis on Talen Energy Corporation (OTCQX: TLNE), an independent power producer ("IPP") and infrastructure company committed to the energy transition. For more information about HX Research, please visit: https://daily.hxresearch.net/ Enrique's write-up on $TLNE: https://daily.hxresearch.net/p/an-actual-way-to-make-money-from-climate-change Chapters: [0:00] Introduction + Episode sponsor: Fundamental Edge [2:29] What is Talon Energy and why are they interesting to Enrique + quick background of Enrique Abeyta / importance of power generation [21:46] Quirks with $TLNE thesis (re: OTC, utilities, etc... [27:25] Coming power crisis [31:13] $TLNE valuation [33:04] Evaluating and addressing risks: nuclear accidents, capital allocation [39:28] AI [47:18] Post-bankruptcy process [51:27] Upcoming election (risk of new administration [56:08] Demand response and final thoughts Today's sponsor: Fundamental Edge You've probably heard about the Analyst Academy from Fundamental Edge by now. So instead of repeating the basics, let's talk a minute about what the Academy is and is not. The Analyst Academy is a practical course on the tools and skillsets required to succeed in the buy-side analyst seat. The instructors have experience from firms such as Maverick Capital, DE Shaw, Citadel, Balyasny and ExodusPoint. But what is the Academy NOT? It's NOT a course on stock-picking. It IS a rigorous guide to learning a process. It's NOT a guide to pod shop investing. The Academy attracts a wide range of equity investors, from multi-managers to long only to family offices. Rather than teaching a particular style, Fundamental Edge equips learners with the essential skills required to hit the ground running and support their PM. It's NOT a financial modeling course. Modeling is, of course, part of the curriculum and plays a central role. But the Academy is more than that. It teaches idea generation, thesis communication and how to add value as an analyst. To learn more and access a 10% discount code, go to fundamentedge.com/YAVP
Electricity generation is running right on the line with risk outweighing residual power. Grid operator Transpower is running frequent assessments of the power situation and so far, this chilly morning is continuing to pose a threat. It's asked households to limit unnecessary power use at least until 9am by turning off lights and heaters when not needed. Chief Executive Alison Andrew told Mike Hosking that Transpower's trying to manage about 140 megawatts of controllable load to help maintain supply. She says the generators have put every possible bit of plant on to generate. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Friday 10th of May, Transpower and Energy Minister Simeon Brown discussed our energy issues and the fact we've been warned to turn off appliances when it's only May. The Government is looking to introduce compulsory work seminars for people on the Jobseeker benefit. Social Development Minister Louise Upston explained their reasoning. Kate Hawkesby and Tim Wilson told us what food is and isn't woke as they Wrapped the Week. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Increasing pressure on President Akufo-Addo to personally take control of the worsening erratic power supply in the country.
Government commences negotiations with private entities to take over bill calculations and debt collection for the Electricity Company of Ghana amidst the energy crisis.
Message Log 158, 04/18/2054 - JEWL 3-1-2 Dear Transitioners, Your focus on data centers, AI, and cryptocurrency has created a power crisis. Remember that energy surge you predicted in 2026? It happened, and renewables couldn't keep up. Fossil fuels roared back, choking our skies. AI development stalled, its potential chained by a power cord. Listen closely. Invest in sustainable energy now. Solar, wind, geothermal - build it all. Don't let progress be blacked out by the past. This is your future, --- Send in a voice message: https://podcasters.spotify.com/pod/show/vines/message
Government must explore non-associated fields to begin gas production- Kwame Jantuah
EDITORIAL: Mindoro power crisis needs lasting solution | Apr. 11, 2024 Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#VoiceofTheTimes Hosted on Acast. See acast.com/privacy for more information.
Kirk continues the conversation with Peter Gross, Managing Partner at PMG Associates, on the advancement of electrical technology. Is the future in hydrogen, nuclear, or other more-sustainable sources? For more about us: https://linktr.ee/overwatchmissioncritical
The power crisis in Nigeria is like a malignant disease, infecting the nation's economy and causing its citizens untold suffering. Small businesses are especially vulnerable, as they struggle to shoulder the burden of providing their power, while individuals face daily frustrations and hardships. Every day, across Nigeria, the power situation has become like a slow poison, creeping into every corner of life. For businesses, it's a death by a thousand cuts, as profits dwindle and costs mount. For individuals, it's a constant reminder of their country's shortcomings, a constant frustration. And for the economy as a whole, it's a drag on growth, an obstacle to progress. The broader consequences of the situation are far-reaching, affecting everything from the cost of living for ordinary citizens to the overall productivity of the economy. As a result, Nigeria's ability to develop and grow economically is being seriously undermined by the challenges facing the electricity distribution companies (DisCos). These challenges have created a vicious cycle, in which the inefficiencies of the DisCos are leading to an even greater demand for government intervention, which in turn is further straining the country's already tight finances.
0:00: Lav is in Connecticut, co-hosting Golf Today02:00: The big story of the week: Anthony Kim's return05:30: What's missing from the AK story to this point13:00: Austin Eckroat gets his first Tour win18:00: PGA Tour's star-power crisis26:00: Another middling performance from Rory McIlroy29:00: Joaquin Niemann wins, then gripes some more about the OWGR37:00: Rex's home game at Bay Hill, and all the issues that come with it
We are into the first week of January and there are already lots of exciting things to watch in 2024. This week's future-focused weekly update hits on three that are top of mind for me. AI's Dual Impact on Job Market: It's a complex world when you explore AI's role in job displacement and creation. There are conflicting reports and projections highlighting the need for cautious and discerning leadership in navigating AI's impact on employment. As leaders, we need to engage in open dialogues and proactive strategies to stay ahead in an era of uncertainty and disruption. Quantum Computing's Leap Forward: I hit the basics of quantum computing and its potential to revolutionize processing power. With predictions of quantum computing hitting the mainstream in 2024, we need to consider the implications for AI, pharmaceuticals, finance, and business optimization. When it lands, it will amplify technological advancements, posing exciting opportunities and new risks. The Power Crisis in Tech Advancement: We can't ignore the energy demands of rapidly advancing technologies like AI and quantum computing. It's easy to forget the significant electricity consumption by data centers and tech giants, highlighting the urgent need for sustainable power solutions. I'm optimistic given the developments in fusion energy, a potential game-changer for clean and efficient power generation, and the evolving landscape of renewable energy sources. And, don't forget to share your thoughts. Also, if there are topics you're curious about, let me know. I'll continue sharing my thoughts in this rapid-fire addition to Future-Focused content. Have a great week!
As South Africa battles increased load shedding, could nuclear energy be the answer to address the crisis?And the BBC's Ian Wafula's backstory to Africa Eye's investigation into how members of the LGBT community in Nigeria are being targeted by criminal gangsAnd we talk to the award-winning Somali director Ahmed Farah on his debut feature film-Ayaalne
For the first time ever, recorded in front of a live audience. The votes are in. Who will win the coveted Golden Font for 2023? Peter Gutwein won this illustrious award for the first three years of its existence until Dean Winter took the gong in 2022. As the hot favourite to back it up, will the leader of opposition business make it two in a row? Don't miss this episode of FontCast, Tasmania's top-rating homegrown podcast and the only place to get clear, informed and fearless analysis of Tasmanian politics. See omnystudio.com/listener for privacy information.
Guest: Richard Halsey is Policy Advisor at IISD's South Africa team and he joins John to explain the findings of a report that proposes that South Africa should develop national and municipal plans to deploy energy storage in order to ease the current electricity crisis and reduce the need for load shedding during periods of peak power demand.See omnystudio.com/listener for privacy information.
Guest: Richard Halsey is a Policy Advisor at The International Institute for Sustainable Development (IISD) and he joins Mike to discuss the recent report that South Africa should develop national and municipal plans to deploy energy storage in order to ease the current electricity crisis and to reduce the need for load shedding during periods of peak power demand.See omnystudio.com/listener for privacy information.
The struggling power grid in South Africa is keeping millions of people in the dark; what's behind the controversy over Israel's proposed judicial reforms; the connection between welfare reform and single-parent poverty; and finding friendship and buried treasure. Plus: one valuable phone, commentary from Cal Thomas, and the Thursday morning news. Support The World and Everything in It today at wng.org/donate.Additional support comes from Covenant College … offering a Christ-centered community and a quality education that equips students for their callings. More at covenant.edu/world And from The Light FM's Girl Talk Podcast – having faith conversations in the middle of the mess. Learn more at TheLightFM.org/girltalk
Days after Ian, most Floridians now have their power back. Weeks after Fiona, more than 100,000 Puerto Rican households and businesses are still coping with blackouts and an outdated grid. The Washington Post's Arelis Hernández explains. This episode was produced by Amanda Lewellyn, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Noel King. Transcript at vox.com/todayexplained Help inform the future of Vox. Take our audience survey today: vox.com/feedback Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices