• The gas/power tax

    From Gordon@Gordon@leaf.net.nz to nz.general on Wed Feb 11 21:51:32 2026
    From Newsgroup: nz.general

    https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal

    We now have the amount of this tax. Warning, it is complicated.

    " That report recommended LNG only as a fuel of last resort and recommended a $2
    per megawatt hour (MWh) levy across all gas and electricity users to make it economically feasible.'

    That $10 figure - together with the final proposed levy of between $2 and $4
    - appeared to be the basis of the government's claim that households would save an average $50 on their annual power bills."

    A net $8/MWh saving - if it were passed on in its entirety - would translate to $56 for an average household using 7MWh of electricity per year."


    So an estimated $50 per year or $4.17 per month saving. Will the average customer notice this on their power bill?

    So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 saving per MWh. If the tax is the upper limit the we has $4 tax and $10
    saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the average user of 7MWh.

    I also note the the Government is in panic mode and wishes to just get it
    built as otherwise the lights will go out (in a dry year) which might be
    2027. Plan to ride rough shod over the processes, almost as bad as the
    previous Labour Government.

    A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
    year."
    --- Synchronet 3.21b-Linux NewsLink 1.2
  • From wn@wn@nosuch.com (Willy Nilly) to nz.general on Wed Feb 11 23:43:26 2026
    From Newsgroup: nz.general

    On 11 Feb 2026 21:51:32 GMT, Gordon <Gordon@leaf.net.nz> wrote: >https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal
    We now have the amount of this tax. Warning, it is complicated.

    Here is simpler: Instead, govt should use coal gassification -- https://www.futurecoal.org/sustainable-coal/coal-gasification/
    -- to create synthetic natural gas out of our vast coal reserves.

    This is so obvious as to be duh. Even the WWII Germans converted coal
    to petrol and gas, so new thinking is not required.

    --- Synchronet 3.21b-Linux NewsLink 1.2
  • From Crash@nogood@dontbother.invalid to nz.general on Thu Feb 12 20:32:32 2026
    From Newsgroup: nz.general

    On 11 Feb 2026 21:51:32 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal

    We now have the amount of this tax. Warning, it is complicated.

    " That report recommended LNG only as a fuel of last resort and recommended a $2
    per megawatt hour (MWh) levy across all gas and electricity users to make it >economically feasible.'

    That $10 figure - together with the final proposed levy of between $2 and $4 >- appeared to be the basis of the government's claim that households would >save an average $50 on their annual power bills."

    A net $8/MWh saving - if it were passed on in its entirety - would translate >to $56 for an average household using 7MWh of electricity per year."


    So an estimated $50 per year or $4.17 per month saving. Will the average >customer notice this on their power bill?

    So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 >saving per MWh. If the tax is the upper limit the we has $4 tax and $10
    saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the >average user of 7MWh.

    I also note the the Government is in panic mode and wishes to just get it >built as otherwise the lights will go out (in a dry year) which might be >2027. Plan to ride rough shod over the processes, almost as bad as the >previous Labour Government.

    A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
    year."

    For context, $2/Mwh = $0.002/Kwh - so a monthly bill of 900 Kwh will
    result in a charge of $1.80.

    Who is exporting LNG in the quantities required and at what price
    currently?

    Methanex currently takes around 45% of NZ Natural Gas production.
    Would it not make sense to shut this down and use Natural Gas instead
    of imported LNG?
    --
    Crash McBash
    --- Synchronet 3.21b-Linux NewsLink 1.2
  • From Mutley@mutley2000@hotmail.com to nz.general on Fri Feb 13 08:26:16 2026
    From Newsgroup: nz.general

    Gordon <Gordon@leaf.net.nz> wrote:

    https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal

    We now have the amount of this tax. Warning, it is complicated.

    " That report recommended LNG only as a fuel of last resort and recommended a $2
    per megawatt hour (MWh) levy across all gas and electricity users to make it >economically feasible.'

    That $10 figure - together with the final proposed levy of between $2 and $4 >- appeared to be the basis of the government's claim that households would >save an average $50 on their annual power bills."

    A net $8/MWh saving - if it were passed on in its entirety - would translate >to $56 for an average household using 7MWh of electricity per year."


    So an estimated $50 per year or $4.17 per month saving. Will the average >customer notice this on their power bill?

    So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 >saving per MWh. If the tax is the upper limit the we has $4 tax and $10
    saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the >average user of 7MWh.

    I also note the the Government is in panic mode and wishes to just get it >built as otherwise the lights will go out (in a dry year) which might be >2027. Plan to ride rough shod over the processes, almost as bad as the >previous Labour Government.

    A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
    year."

    You don't need a "think big" LNG terminal just a LNG barge mooring
    place and rotate a couple of time a week.
    --- Synchronet 3.21b-Linux NewsLink 1.2
  • From Mutley@mutley2000@hotmail.com to nz.general on Fri Feb 13 08:27:16 2026
    From Newsgroup: nz.general

    wn@nosuch.com (Willy Nilly) wrote:

    On 11 Feb 2026 21:51:32 GMT, Gordon <Gordon@leaf.net.nz> wrote: >>https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal
    We now have the amount of this tax. Warning, it is complicated.

    Here is simpler: Instead, govt should use coal gassification -- >https://www.futurecoal.org/sustainable-coal/coal-gasification/
    -- to create synthetic natural gas out of our vast coal reserves.

    This is so obvious as to be duh. Even the WWII Germans converted coal
    to petrol and gas, so new thinking is not required.

    We used to do this. The stuff was deadly it also gunges up the gas
    piping.
    --- Synchronet 3.21b-Linux NewsLink 1.2
  • From Mutley@mutley2000@hotmail.com to nz.general on Fri Feb 13 08:28:17 2026
    From Newsgroup: nz.general

    Crash <nogood@dontbother.invalid> wrote:

    On 11 Feb 2026 21:51:32 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal

    We now have the amount of this tax. Warning, it is complicated.

    " That report recommended LNG only as a fuel of last resort and recommended a $2
    per megawatt hour (MWh) levy across all gas and electricity users to make it >>economically feasible.'

    That $10 figure - together with the final proposed levy of between $2 and $4 >>- appeared to be the basis of the government's claim that households would >>save an average $50 on their annual power bills."

    A net $8/MWh saving - if it were passed on in its entirety - would translate >>to $56 for an average household using 7MWh of electricity per year."


    So an estimated $50 per year or $4.17 per month saving. Will the average >>customer notice this on their power bill?

    So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 >>saving per MWh. If the tax is the upper limit the we has $4 tax and $10 >>saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the >>average user of 7MWh.

    I also note the the Government is in panic mode and wishes to just get it >>built as otherwise the lights will go out (in a dry year) which might be >>2027. Plan to ride rough shod over the processes, almost as bad as the >>previous Labour Government.

    A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
    year."

    For context, $2/Mwh = $0.002/Kwh - so a monthly bill of 900 Kwh will
    result in a charge of $1.80.

    Who is exporting LNG in the quantities required and at what price
    currently?

    Methanex currently takes around 45% of NZ Natural Gas production.
    Would it not make sense to shut this down and use Natural Gas instead
    of imported LNG?

    Yes it would but some one with influence would lose their income
    stream and has the ear of the government. .
    --- Synchronet 3.21b-Linux NewsLink 1.2