1 00:00:00,160 --> 00:00:02,440 Speaker 1: News out of the Big four Gen Taylor's yesterday. They're 2 00:00:02,440 --> 00:00:05,680 Speaker 1: importing six hundred thousand tons of coal and storing it 3 00:00:05,680 --> 00:00:08,520 Speaker 1: at Huntley. This is to protect us from energy security 4 00:00:08,560 --> 00:00:10,840 Speaker 1: problems like the ones we had last year. It should 5 00:00:10,960 --> 00:00:14,240 Speaker 1: keep the plant running for another ten years. Mike Cases 6 00:00:14,320 --> 00:00:16,680 Speaker 1: with the rewiring altat Oh, he's the CEO. 7 00:00:16,760 --> 00:00:19,919 Speaker 2: Mike, Good morning, Good morning, Ryan, how are you, my friend? 8 00:00:20,079 --> 00:00:21,720 Speaker 1: Very well? Thank you. Good to have you back on 9 00:00:21,720 --> 00:00:24,840 Speaker 1: the show. Now, you're a practical guy, so I know 10 00:00:24,920 --> 00:00:27,040 Speaker 1: that you will understand why we need to do this. 11 00:00:28,120 --> 00:00:29,800 Speaker 2: Oh, one hundred percent, and hopefully we can get to 12 00:00:29,840 --> 00:00:32,840 Speaker 2: the no nonsense, no spin answers on this. But yes, 13 00:00:32,960 --> 00:00:36,760 Speaker 2: unfortunately we're in a situation that we need a giant 14 00:00:36,760 --> 00:00:39,400 Speaker 2: pile of coal at Huntley to keep our energy system running, 15 00:00:39,400 --> 00:00:42,760 Speaker 2: and we need to avoid it all costs rolling blackouts, 16 00:00:42,800 --> 00:00:44,559 Speaker 2: which well, you know, we may have come close to 17 00:00:44,600 --> 00:00:46,839 Speaker 2: in twenty twenty four with how high the price we 18 00:00:46,840 --> 00:00:47,720 Speaker 2: went because. 19 00:00:47,479 --> 00:00:50,120 Speaker 1: We thought we had lots of gas and turns out 20 00:00:50,120 --> 00:00:52,200 Speaker 1: we had less than we thought we did, and then 21 00:00:52,320 --> 00:00:53,440 Speaker 1: you end up with a crunch. 22 00:00:54,600 --> 00:00:57,200 Speaker 2: That's one hundred percent right. And the other big problem 23 00:00:57,200 --> 00:01:01,160 Speaker 2: that we've seen is twenty fifteen, the Activity Commission talked 24 00:01:01,160 --> 00:01:03,960 Speaker 2: about how we needed to wean ourselves off get off coal. 25 00:01:04,760 --> 00:01:07,000 Speaker 2: Nothing happened. Is now twenty twenty five, and I think 26 00:01:07,040 --> 00:01:08,840 Speaker 2: we sort of need to commit as a country maybe 27 00:01:08,880 --> 00:01:12,280 Speaker 2: to this being the last major coal oil order that 28 00:01:12,319 --> 00:01:12,840 Speaker 2: we ever make. 29 00:01:13,680 --> 00:01:14,959 Speaker 1: Yeah, do you think it will be? 30 00:01:16,440 --> 00:01:19,480 Speaker 2: I hope so. Put simply that we just need to 31 00:01:19,480 --> 00:01:22,679 Speaker 2: think about better ways of managing our large battery that 32 00:01:22,720 --> 00:01:25,440 Speaker 2: we have, which is our hydro lakes. And one of 33 00:01:25,440 --> 00:01:27,640 Speaker 2: the most exciting things is that, you know, the rollout 34 00:01:27,680 --> 00:01:29,600 Speaker 2: of you know what, I'm an advocate for the rollout 35 00:01:29,640 --> 00:01:32,679 Speaker 2: of solar across New Zealand. Rolling out solar across New 36 00:01:32,760 --> 00:01:34,720 Speaker 2: Zealand will ultimately allow us to hold on to our 37 00:01:34,760 --> 00:01:36,520 Speaker 2: water for longer and burn less coal. 38 00:01:37,280 --> 00:01:39,399 Speaker 1: What about geo thermal I was talking to Shane Jones 39 00:01:39,400 --> 00:01:42,200 Speaker 1: about this now there. It's hugely expensive to drill for 40 00:01:42,319 --> 00:01:45,000 Speaker 1: and need to do lots of holes apparently, but once 41 00:01:45,040 --> 00:01:46,639 Speaker 1: you get it, it's year round. 42 00:01:47,800 --> 00:01:51,000 Speaker 2: I'm a massive fan of geo thermal and all other 43 00:01:51,040 --> 00:01:53,680 Speaker 2: forms of renewables. The simple answer is, the more energy 44 00:01:53,680 --> 00:01:56,280 Speaker 2: that we can generate in the middle of winter, the 45 00:01:56,320 --> 00:01:58,920 Speaker 2: longer we can hold onto that water for and the 46 00:01:58,960 --> 00:02:01,080 Speaker 2: less coal that we need to be. So I think 47 00:02:01,080 --> 00:02:03,000 Speaker 2: all options should be on the table, and it really 48 00:02:03,040 --> 00:02:05,200 Speaker 2: comes down to a cost benefit analysis to working out 49 00:02:05,240 --> 00:02:08,160 Speaker 2: how we keep power bills low or the lowest possible 50 00:02:08,160 --> 00:02:08,960 Speaker 2: for NEWSIC wonders. 51 00:02:09,440 --> 00:02:12,640 Speaker 1: Appreciate your time, Mike, Mike Casey, rewiring olts O CEO 52 00:02:13,639 --> 00:02:16,600 Speaker 1: for more from Early Edition with Ryan Bridge. Listen live 53 00:02:16,720 --> 00:02:19,760 Speaker 1: to News Talks it Be from five am weekdays, or 54 00:02:19,800 --> 00:02:21,720 Speaker 1: follow the podcast on iHeartRadio.