LNG terminal gains majority support in new poll | Herald NOW Business

LNG terminal gains majority support in new poll | Herald NOW Business <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":1,"label":"New Poll Shows LNG Terminal Support","summary":"A new poll indicates that 54% of New Zealand adults support the proposed LNG import terminal. 21% oppose it, and 25% are unsure."},{"timeSeconds":20,"label":"Expert Discusses Poll Findings","summary":"Chris McKeown from NZ Energy Consultants joins to discuss the implications of the poll results. He explains that the support is about ensuring energy security and affordability."},{"timeSeconds":36,"label":"LNG as an Insurance Policy","summary":"McKeown describes the LNG terminal as an insurance policy, particularly relevant for ensuring energy availability during winter months. He notes that LNG has been used for a long time and is a reliable option."},{"timeSeconds":100,"label":"LNG vs. Other Energy Sources","summary":"The discussion touches on the debate between investing in fossil fuels like LNG and other energy sources. McKeown suggests that LNG is a pragmatic choice due to its reliability and ability to be deployed quickly."},{"timeSeconds":124,"label":"Challenges with Renewables","summary":"McKeown points out that while renewable energy sources like wind and solar are important, they are not always sufficient, especially during winter. This is where LNG can provide a crucial backup."},{"timeSeconds":201,"label":"Timelines for LNG Deployment","summary":"The expert estimates that floating LNG solutions could be deployed within 18 months, providing a faster solution compared to building new renewable infrastructure. This is seen as a pragmatic approach to energy needs."},{"timeSeconds":337,"label":"Comparison to German LNG Terminal","summary":"McKeown draws a parallel to Germany's rapid deployment of an LNG terminal in 12 months during a crisis. This highlights the potential for quick implementation of such projects when needed."},{"timeSeconds":423,"label":"Balancing LNG and Renewables","summary":"The conversation concludes with the idea that LNG can complement renewable energy sources. It offers a reliable and flexible option to ensure energy supply, especially during peak demand periods or when renewables are less available."}]} <!--/mynz:youtube-chapters-->