The recent blackout in South Australia (SA) has raised the question of how countries can better balance their energy trilemma. Transpower is assessing similarities and differences between the NZ and SA network, along with their initial views on how susceptible NZ is to a similar sequence of events.The article will be posted on their website in the following days.
Blockchain won't succeed?
Rod Drury, Xero CEO and founder says in an interview with Business Insider, blockchain won’t succeed. Drury thinks blockchain is mathematically interesting but our surveillance culture and tribalism makes a fully implementation unlikely to happen. He mentioned Brexit and “Trump-ism” to emphasise his point. But is our need for security really going to dominate innovation? Read more...
Energy Innovation Amendment Bill
Last week Hon Simon Bridges introduced the Energy Innovation Amendment Bill to the Parliament.The bill implements parts of the Government’s EV Programme and makes changes to energy levy funding. Having provided a submission on the earlier MBIE consultation document for expanding energy levies, BusinessNZ will be drafting it's submission on the energy innovation bill soon.
News from our Members
The Future of the NZ Gas market
The Gas Industry Company has recently published the Long Term Gas Supply and Demand Scenarios - 2016 Update. The report looks particularly at the impact of the low oil price environment. The report explores gas supply and demand scenarios to understand how NZ’s gas market may evolve to 2040. Read more...
Mercury launched Electric Highway with global leader PlugShare
Mercury CEO, Fraser Whineray, says the rapid uptake of EVs has seen significant investment in public charging infrastructure and greater awareness of home charging options.The Electric Highway is a free app providing EV charging station information to help consumers and support the uptake of EVs in NZ. Read more…
30% of corporate fleet EV by 2019
Thirty of NZ's largest companies are committing to at least 30 percent of their corporate fleets being electric vehicles by 2019. That will lead to some 1,450 vehicles - a 75 per cent increase in the total number of EVs on NZ roads today. Amongst others, BEC Members such as Fonterra, Contact Energy and Transpower have made the commitment. Read more...
Let’s Talk About Coal
Sraterra has prepared an information resource on the issue of coal, climate change, and the global economy. “Let’s Talk About Coal” is a contribution to developing informed and smart policy on climate change in New Zealand. What is coal’s role in the global transition to a lower carbon economy? Read more…
Transpower Service Refresh
Transpower is in the initial stages of refreshing and evolving its current customer service performance measures and targets for their next regulatory control period RCP3 (2020-25). Transpower's Service Engagement Paper has just been released and is seeking your views on what is important to consider in the evolution of those measures. Read more...
Refining NZ reduce CO2 Emissions
Refining NZ has signed a commitment to make the Marsden Point refinery more energy efficient, and further reduce its carbon emissions. Through the three year energy management programme with EECA, Refining NZ expects to save at least 10 GWh a year - the equivalent energy use of 1,100 households and 2,300 tonnes of CO2 per year. Read more...
Saving Money and the Planet
The Energy Manager Professional programme helps larger energy users to increase productivity, save money and help the Government deliver on its just-ratified COP21 climate change commitments.The programme involves experienced energy advisers mentoring and training individuals who work within their organisation on energy and carbon reduction and energy productivity. Read more...
Putin at the World Energy Congress
The leaders of Russia and Turkey have voiced support for the construction of a gas pipeline, a plan that was suspended amid tensions between the two countries. At the World Energy Congress in Istanbul, Putin and Erdogan said their countries wanted to press ahead with the Turkish Stream project. Read all highlights of the World Energy Conference.
7 new realities for energy
The next decade will begin to define the winners and losers of the energy transformation, making it crucial to understand the new realities for the energy sector. One of the realities is the shift from peak oil to peak demand. Energy demand per capita will peak before 2030. Energy intensity reductions are set to increase at a faster rate than the demand increase from a growing global middle class. Read all 7 realities for energy.
World Energy Council at COP22
The World Energy Council will bring its 7 new realities messages to COP22 in Marrakesh. What does the Grand Energy Transition and these new realities mean in a Post COP21 world? How can the energy sector contribute to the activation of innovative policies, technologies and business models that will secure a sustainable energy future? The World Energy Council will be holding a side event at COP22 'Building a low-carbon and resilient energy future'.