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

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news