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In this Rural Report Special, Power Talks, Energy analyst Larry Blair warns New Zealand’s energy supply is facing serious pressure. Hydro storage has improved slightly but remains below average, while gas reserves have dropped to just 25% of last year’s levels, with ageing wells delivering less and less. Coal imports are rising to plug the gap, and domestic gas users are bracing for higher prices as infrastructure costs spread across fewer households. He advises that without a clear national strategy, we risk becoming dangerously reliant on intermittent renewables, with too little dependable backup when it really counts.

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