Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Hurunui wind farm consented

Hurunui wind farm consented

The New Zealand Wind Energy Association (NZWEA) congratulates Meridian Energy on receiving consent for its proposed Hurunui Wind Farm in North Canterbury. The project was approved by the Environment Court earlier this week.

“It is evident from the decision that the Court has given careful consideration to the full range of issues raised by the community. It is a reasonable decision for both the community and the developer,” says Eric Pyle, Chief Executive of NZWEA. The Court approved 31 of the 33 proposed wind turbines.

“The project is a valuable addition to Meridian’s pipeline of projects. Hurunui is a solid option for new generation, even given the uncertainty in the electricity market and flat electricity demand,” said Mr Pyle. “The project is located in a region where there are transmission constraints and limited local generation. Wind is one of the lowest cost options for new generation in NZ. And if the forecasts related to the reducing cost of wind energy hold true, the wind could undercut existing thermal generation within a few years.”

Globally, wind is one of the leading sources of new electricity generation. A report released yesterday by the Global Wind Energy Council shows that 44.8 gigawatts of new wind generation was installed around the world in 2012. This is more than four times New Zealand’s total generation capacity. Steve Saywer, GWEC’s Secretary General recently commented that wind is now competitive in an increasing number of markets, despite fossil fuel subsidies which last year amounted to an incentive to emit CO2 of about $110 per tonne.

- ENDS -

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news