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


Wind holds the key to cushioning energy shock

1 November 2005

Wind holds the key to cushioning energy shock

The New Zealand Wind Energy Association (NZWEA), today said wind energy could substantially contribute to mitigating the effects on New Zealand of rising thermal fuel prices.

Speaking in support of Meridian Energy’s application to build a 210 MW wind farm at Makara, NZWEA Chief Executive James Glennie told the resource consent hearing that the world was entering a new era of higher energy prices and less secure supply.

“Global oil and gas supplies are becoming increasingly expensive amid a scenario of rapidly growing demand and reduced levels of new discoveries. New Zealand now has an opportunity to further develop our substantial renewable resources to cushion ourselves from the global energy price shock which is already occurring,” he said.

Mr Glennie said moves to import fossil fuels, such as LNG, for electricity generation would increase the current account deficit, lead to higher electricity prices and reduce New Zealand’s energy independence.

“New Zealand faces major decisions in terms of our energy future. We can either pin our hopes (and our electricity prices) on international oil and gas markets and import more of our energy. Alternatively, we can harness the wind and invest in a clean, reliable, tremendously popular and price competitive energy supply for this and future generations,” he said.

As an example, each one of the wind turbines proposed for the Makara site could avoid the need for about $1 million worth of LNG imports every year.

Mr Glennie said the Meridian application was important to New Zealand’s energy future.

“The Makara site has one of the best wind resources in the world. The site is close to a major load centre and will reduce electricity losses associated with the transmission of electricity from other parts of the country.

“This is a strategically important application as there is no major electricity generation in the lower North Island. The site’s proximity to the capital city will also reduce electricity lost as heat in transmission through the national grid,” he said.

Mr Glennie said the West Wind application was an opportunity for Wellington to develop a strategic asset with clear benefits to the nation. In doing so, Wellington would be harnessing the abundant wind resource for which it was famous.

“Wind energy in New Zealand has incredible potential to produce reliable, clean and affordable energy. With our world-class hydro systems and strong wind resource, New Zealand has the opportunity to be a global leader in sustainable energy.

“The Meridian application is an important step along this path. When considering this project, I hope the City Council agrees with the vast majority of New Zealanders who support wind energy,” said Mr Glennie.


© Scoop Media

Business Headlines | Sci-Tech Headlines


TradeMe: Property Prices In Every Region Hit New High For The Very First Time

Property prices experienced their hottest month on record in December, with record highs in every region, according to the latest Trade Me Property Price Index.\ Trade Me Property spokesperson Logan Mudge said the property market ended the year with ... More>>

Motor Industry Association: 2020 New Vehicle Registrations Suffer From Covid-19

Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% ... More>>

CTU 2021 Work Life Survey: COVID And Bullying Hit Workplaces Hard, Huge Support For Increased Sick Leave

New data from the CTU’s annual work life survey shows a snapshot of working people’s experiences and outlook heading out of 2020 and into the new year. Concerningly 42% of respondents cite workplace bullying as an issue in their workplace - a number ... More>>

Smelter: Tiwai Deal Gives Time For Managed Transition

Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed to working on a managed transition with the local community,” Grant Robertson said. More>>


University of Auckland: Pest-Free Goal Won’t Be Achieved Without New And Better Tools

New Zealand’s goal to become predator free by 2050 will remain an unrealised dream unless new technologies and advances in social engagement continue to be developed, researchers who first promoted it say. A team from the University of Auckland has ... More>>

OECD: Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020

OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More>>

Economy: Strong Job Ad Performance In Quarter Four

SEEK Quarterly Employment Report data shows a positive q/q performance with a 19% national growth in jobs advertised during Q4 2020, which includes October, November and December. Comparing quarter 4, 2020, with the same quarter in 2019 shows that job ad volumes are 7% lower...More>>

NIWA: 2020 - NZ’s 7th-warmest Year On Record

The nationwide average temperature for 2020, calculated using stations in NIWA’s seven-station temperature series which began in 1909, was 13.24°C (0.63°C above the 1981–2010 annual average). New Zealand’s hottest year on record remains 2016, when... More>>