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Electricity Generation Higher

7 June 2002

New Zealand Energy Statistics: March 2002 Quarter

Total electricity generation, after adjusting for seasonal variations, increased 0.9 percent in the March 2002 quarter compared with the December 2001 quarter, according to Statistics New Zealand.

Total generation in the March 2002 quarter was 0.1 percent higher, compared with the March 2001 quarter. Hydro generation was 1.5 percent higher in the March 2002 quarter than in the March 2001 quarter, while thermal generation was 2.7 percent lower compared with the March 2001 quarter.

Commercial electricity users experienced a price rise of 4.1 percent in the March 2002 quarter compared with the December 2001 quarter, and prices were 11.6 percent higher compared with the March 2001 quarter. Prices for household consumers rose 2.9 percent in the March 2002 quarter compared with the December 2001 quarter and were 1.8 percent higher compared with the March 2001 quarter.

Gas production increased to 254,000 terajoules in the year ended March 2002, a rise of 3.3 percent compared with the year ended March 2001. An increase of 11.9 percent in the September 2001 quarter, compared with the September 2000 quarter, contributed to the increased production level. Gas is a leading source of thermal energy for electricity generation.

Natural gas prices rose 1.2 percent for commercial users, and 4.6 percent for household consumers in the March 2002 quarter compared with the December 2001 quarter. Compared with the March 2001 quarter, commercial gas prices were 6.4 percent higher in the March 2002 quarter, while prices for household consumers were 7.2 percent higher over the same period.

The price of bulk petrol for commercial users rose 1.6 percent in the March 2002 quarter, compared with the December 2001 quarter, but was 4.4 percent lower when compared with the March 2001 quarter. The price of bulk diesel was 4.6 percent lower in the March 2002 quarter than in the December 2001 quarter, and 8.4 percent lower than in the March 2001 quarter.

Retail petrol prices rose 0.3 percent in the March 2002 quarter compared with the December 2001 quarter, but were 7.0 percent lower when compared with the March 2001 quarter. Retail prices for alternative motor fuels (diesel and LPG) in the March 2002 quarter were 11.0 percent lower than in the December 2001 quarter and 12.2 percent lower than in the March 2001 quarter.

Brian Pink
Government Statistician
END


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