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


TrustPower Welcomes Government Energy Strategy

TrustPower Media Statement
Monday 11 December 2006

TrustPower Welcomes Government Energy Strategy

TrustPower, New Zealand's largest 100% renewable privately owned electricity generator and retailer, has welcomed the New Zealand Government's announcement of its Draft Energy Strategy, in particular the Strategy's emphasis on sustainable electricity generation.

Chief Executive Keith Tempest says TrustPower is proud of its 100% sustainable generation portfolio, and of the further sustainable projects it has underway.

"Our 93MW Tararua wind farm expansion is on target to be delivering enough sustainable generation for a further 42,000 Kiwi homes by July next. And apart from being well underway in the resource consenting process for new hydro generation in Marlborough and on the West coast, additional wind generation in Otago, we have a range of other sustainable projects in the development pipeline. "

Mr Tempest says TrustPower agrees with Energy Minister David Parker's assessment of New Zealand being in the 'fortunate position of being able to produce large amounts of electricity from renewable resources, such as hydro and wind, which are plentiful and cheap by world standards'.

"The Minister is exactly right," Mr Tempest says, "Why on earth would New Zealander's want to risk our future by not taking advantage of the sustainable options we have on our doorstep?"

Mr Tempest says TrustPower is also pleased to note the Strategy's focus on energy efficiency, and its promotion of the significant role consumers can play in helping us make better use of available resources.

"TrustPower looks forward to working closely with the Government to ensure that we as a company can continue to play our part in ensuring New Zealander's have the opportunity to efficiently enjoy all of the advantages of modern life and business, without resorting to technologies and processes that place the future health of our country, and indeed the planet, in peril."


© Scoop Media

Business Headlines | Sci-Tech Headlines


The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>

NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>

Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>

Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>

Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>

Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>