ETS changes expected
The Emissions Trading Scheme policy that allowed business to buy one emission unit for every two emitted is to be phased out as it was a temporary measure to help moderate the initial costs of the ETS. The current 50% unit obligation will increase to 67% from 1 January 2017 and to 83% from 1 January 2018. All businesses with surrender obligations under the ETS will meet their full obligation from 1 January 2019. Read more...

Honourable Mentions
It’s great to see the BEC2050 Scenarios being mentioned in dispatches, with mentions in the recently released Royal Society report as well as it being referenced in the third reading of the Climate Change Response (Removal of Transitional Measure) Amendment Bill by the Hon. Megan Wood (Labour, Climate change spokesperson). John also referenced it in his presentation to the “Yes we can” Symposium in Wellington.

Blockchain in the energy sector
If the future two-way electric system is made up of billions of endpoints interacting with each other - microgrids, solar systems, smart appliances, in-field distributed computing and energy management software - how do you create a secure system that can verify instantaneous, autonomous transactions across these nodes as market conditions change? Once a niche technology, blockchain has captured the interest and research spend of legislators, regulators, investment banks, financial markets and venture capital funds. Read more...

Batteries last 5-times longer than currents
Researchers have made a discovery that could open the door to car and cellphone batteries that last five times longer than current ones. Read more...

2016 World Energy Trilemma Report launch
The 2016 World Energy Trilemma report ‘Defining measures to accelerate the energy transition’ was launched on Wednesday, 1st June 2016 in San Francisco during the 7th Clean Energy Ministerial. Read more...

Update: World Energy Scenarios
Following the series of regional workshops held throughout the world, the World Energy Scenarios work has finalised its consultative stage and is now entering a new major phase of its development work. The World Energy Councils work will be the precursor to the update of the BEC scenarios report out to 2060. Read more...

World Energy Focus
In an exclusive interview, ahead of the Clean Energy Ministerial (CEM) Meeting on 1-2 June in San Francisco, Jonathan Elkind, US Department of Energy, sets out the importance of involving the private sector in energy investment. Read more... 

E-Mobility: Closing the emission gap
The WEC will soon release its E-Mobility 2016: Closing the emission gap report. We will highlight this in our next update. In connection to the report, the BEC - as one of the WECs most active member committees - was asked to contribute a NZ case study outlining the recent EV policy announcement. Read more...

News from our Members

Fonterra commitment to biomass co-firing of up to 20% 
Fonterra’s aim is to replace up to 20 per cent of its coal with biomass at its proposed Studholme expansion. "Should consent be granted, Fonterra will commit to the significant investment to build a boiler capable of co-firing these large quantities of biomass as a demonstration of our genuine intention to begin transitioning out of coal and towards less environmentally impactful fuels", says Fonterra's Managing Director Global Operations Robert Spurway.

EECA Awards
Project Litefoot Trusta accepted the Supreme Award with pleasure at the EECA Awards. The Trust was recognised for its LiteClub project which helps community sports clubs become more efficient with energy, water and waste. The money saved on energy is then freed up for equipment, coaching and facilities. So far the trust has achieved $3.9 million worth of energy savings. Read more...

New transmission pricing methodology released
The Electricity Authority has proposed a new way that transmission charges are shared among transmission customers so that charges are linked to the transmission services and the costs.
Download here the Document as PDF

Transmission Tomorrow
"The power system of tomorrow will be radically different to what it is today", says Alison Andrew, CEO of Transpower at the Wellington launch of Transmission Tomorrow. Transmission Tomorrow outlines the challenges and opportunities facing the electricity industry over the next five to 40 years and sets out the vision for how we can best prepare for unprecedented changes ahead in New Zealand's energy industry.
Learn here more about how the national grid can meet the future demand...

Smart Grid Forum released new Report
A presently Smart Grid Forum Report outlines how smart grid developments might assist in meeting New Zealand’s greenhouse gas emission reduction targets? Read more...

Electricity in New Zealand
The Electricity Authority has released an updated and refreshed version of its report. The report tells the story of New Zealand's electricity industry in a simple and engaging way.
Download here the Document as PDF


Forthcoming Events

Effects Of New Technology On New Zealand's Emissions
The Young Energy Professionals Network would like to invite you to hear Simon Coates speak about the effects of new technologies on New Zealand’s greenhouse gas emissions at the Business Energy Council Office on Wednesday, 8th June, 4pm. Attend Event...

Lunchtime Seminar
On the 2nd August 2016 and 8th November 2016 the BusinessNZ Energy Council will hold lunchtime seminars. More details on speakers and themes will follow soon.

World Energy Congress
The 23rd World Energy Congress will be held in October 09 (Sun) -13 (Thu), 2016 at the Congress Valley – Istanbul, Turkey.The World Energy Congress, being World Energy Council’s global flagship event is the premier international, multi-energy forum for participants to better understand energy issues and solutions from a global perspective. The theme of the Congress is “Embracing New Frontiers”.
Learn here more about programme and speaker...

World Energy Congress
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Level 6, Lumley House
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Wellington 6011
New Zealand

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