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The electricity sector in New Zealand uses almost entirely renewable energy, such as hydropower, geothermal power and increasingly wind energy. In the fourth quarter of 2025, the country generated 96.4% of its electricity from renewable sources.

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From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel in 2008 dollars. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008.