Why not spend $2.7b on solar & batteries instead? (thekaka.substack.com)

submitted 2 months ago by rimu@piefed.social to c/politics@lemmy.nz

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Govt to pay up to $180m/year or $2.7b over 15 years to lease LNG re-gasification plant, paid for by $15-$30 'levy' per household per year. That $2.7b would build four Benmore Dams worth of electricity

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[-] dfi@lemmy.nz 3 points 2 months ago

This makes me furious that they can do this without a cost comparison of the other options on the market (renewable and non-renewable)

I could live with this if I knew they had compared all the options on the table showed their math and they gave some solid reasons for this choice; But they did none of this. At best commercial users will get their power price a bit more predictable. Residential users will be paying the “levy” so commercial users have more certainty about power cost.

I won’t start on how we are 100% reliant on offshore companies to supply LNG.

this post was submitted on 10 Feb 2026

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