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

 

Reduced energy and CO2 emissions for refinery

Reduced energy and CO2 emissions for refinery

Refining NZ has signed a commitment to make the Marsden Point refinery more energy efficient, and further reduce its carbon emissions.

Refining NZ Chief Executive Officer Sjoerd Post and the Energy Efficiency and Conservation Authority (EECA) Chief Executive Mike Underhill signed an agreement this week for a three year energy management programme.

Refining NZ operates New Zealand’s only oil refinery, producing petrol, diesel, aviation fuels and other products for the domestic market. It supplies 40% of the energy needs of New Zealand and 70% of transport fuel needs. As an energy intensive business, Refining NZ is one of the country’s largest users of fuel and electricity.

“The refinery is committed to making a meaningful contribution to New Zealand’s climate change obligations through reduced energy usage and hence, lower carbon emissions”, Mr Post said.

“We are always looking for ways to improve our energy profile - whether through major investment, such as the $365m Te Mahi Hou (TMH) project which has reduced our carbon emissions by around 120,000 tonnes a year, or smaller incremental investments.”

“Having completed TMH, the door is open for micro energy projects - all part of our strategy of pursuing small, quick pay-back investments that lift our energy profile and grow revenue while improving our environmental footprint.”

Mr Post believes there is great potential for further energy savings from optimising refinery pumps, fans and process heating systems.

“Exactly how much will be determined as we work with EECA, but we expect to save at least 10 GWh a year - the equivalent energy use of 1,100 households and 2,300 tonnes of CO2 per year. Having EECA’s expertise in electricity and energy management on board is a real bonus for our energy team.”

Mr Underhill said the business is one of the country’s largest users of electricity and process heat (steam, hot water and direct heat systems).

Process heat accounts for 27% of New Zealand’s total energy use and contributes to 22% of total energy-related emissions.

“Refining NZ will save money and improve productivity while reducing carbon emissions, this is a win for the company and it’s good for New Zealand,” Mr Underhill said.

“Every step to reduce emissions helps towards meeting New Zealand’s target of reducing emissions to 30 per cent below 2005 levels by 2030.”

Note to Editors
The Energy Efficiency and Conservation Authority (EECA) is the Crown agency that encourages, supports, and promotes energy efficiency, energy conservation, and the use of renewable energy in New Zealand. EECA provides information to households through ENERGYWISETM energywise.govt.nz and to businesses through EECA BUSINESSTM eecabusiness.govt.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Up 0.5% In June Quarter: Services Lead GDP Growth

“Service industries, which represent about two-thirds of the economy, were the main contributor to GDP growth in the quarter, rising 0.7 percent off the back of a subdued result in the March 2019 quarter.” More>>

ALSO:

Pickers: Letter To Immigration Minister From Early Harvesting Growers

A group of horticultural growers are frustrated by many months of inaction by the Minister who has failed to announce additional immigrant workers from overseas will be allowed into New Zealand to assist with harvesting early stage crops such as asparagus and strawberries. More>>

ALSO:

Non-Giant Fossil Disoveries: Scientists Discover One Of World’s Oldest Bird Species

At 62 million-years-old, the newly-discovered Protodontopteryx ruthae, is one of the oldest named bird species in the world. It lived in New Zealand soon after the dinosaurs died out. More>>

Rural Employers Keen, Migrants Iffy: Employment Visa Changes Announced

“We are committed to ensuring that businesses are able to get the workers they need to fill critical skills shortages, while encouraging employers and regions to work together on long term workforce planning including supporting New Zealanders with the training they need to fill the gaps,” says Iain Lees-Galloway. More>>

ALSO:

Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>

ALSO: