MikeB4:
With the reserves of natural gas NZ has investment into new power generation from NG would not seem prudent. Maybe the investment would be better spent on wind or solar production.
Agreed. If we were to, say, swap out the coal boilers with NG boilers at Huntly then it might be worthwhile in the short term because NG is much lower emission (and also has less contaminants) than coal. But other than that, renewables are now the cheapest generation technologies. And that trend will only continue.