about 1 hour ago
Meridian Energy chief executive Mike Roan.
Meridian Energy has told a Parliamentary committee that New Zealand does not need to import liquefied natural gas to cover electricity supply shortages in a so-called dry year.
A proposal to import LNG is being looked at by the government as a way to generate power when hydro lake levels are low and solar and wind power cannot meet demand.
Appearing before Parliament's Transport and Infrastructure Committee on Thursday, Meridian chief executive Mike Roan told MPs that "from everything we can see, the analysis shows dry-year risk is being managed through the next 10 years".
