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

 

Solid Energy delivers new energy for New Zealand

Solid Energy delivers new energy for New Zealand

Electricity from coal seam gas now on the national grid

New Zealand has a new source of electricity following the connection to the national grid of a 1MW generator driven by coal seam gas from Solid Energy’s pilot field near Huntly in the Waikato.

Speaking today at Solid Energy’s Annual Meeting in Auckland, Chief Executive Officer, Dr Don Elder says that in a first for New Zealand, coal seam gas is now producing enough electricity for 500 to 800 homes, using one of the world’s cleanest forms of thermal energy.

“Gas from the Huntly wells contains only 1% CO2 and has 98% energy-rich methane. That means the gas has a lower carbon footprint than conventionally-produced natural gas, which up until now was New Zealand’s cleanest thermal power,” he says.

The on-site generator is currently fed by four wells taking gas from a 32 hectare section of the coalfield. Gas flow from this small pilot has the potential to power as many as 1000 homes but it is not yet known if the local network connection can accept that much electricity.

“This energy is being generated in a rural environment, surrounded by cattle – it’s not the sort of place where you’d expect to be producing power – but we’re working with WEL Networks to increase what we can put onto the grid from that location,” Dr Elder says.

“We’re happy that following extensive research and development, we’re now able to offer New Zealand a new form of energy.”

The pilot coal seam gas field was developed through a joint venture between Solid Energy and USA oil and gas company, Resource Development Technologies.

The joint venture company, Coal Bed Methane Ltd, undertook three years of exploration and assessment before generating electricity. Low pressure pipes take the gas from the well heads to an onsite gas generator which is connected to the grid via overhead power lines.

Coal seam gas can be used for industrial energy, electricity generation and could be injected into gas transmission systems to supplement gas resources. It could also be a top quality gas feedstock for other uses.

Solid Energy continues to assess the commercial viability of the wider coalfield at North Huntly and expects to make a decision on the next stage of field development within the next few months.

Coal seam gas provides 15-20% of gas supply in the United States and Australia’s eastern states, with the figure climbing to 70% in Queensland.

“If New Zealand can continue to develop its coal seam gas reserves, they could meet up to 10% of the country’s gas demand,” Dr Elder says.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>

ALSO:

Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>

ALSO:

MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>

ALSO:


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>

ALSO:

Mediaworks: Reaches Agreement To Sell TV Operations To Discovery, Inc.

New Zealand’s largest independent commercial broadcaster MediaWorks and the global leader of real-life entertainment Discovery Inc. (“Discovery”) are pleased to announce they have reached a binding agreement regarding the sale of MediaWorks’ ... More>>

ALSO:

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>

ALSO:

NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>

ALSO:

Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>

ALSO:

SAFE: Live Export Ship Carrying 5,800 New Zealand Cows Goes Missing In East China Sea

Livestock carrier Gulf Livestock 1 sent a distress signal at 4:45am NZT yesterday in the East China Sea. The area is affected by Typhoon Maysak. At 4pm a patrol plane spotted a lifeboat - with no people in it - and a man in lifejacket nearby. The ship ... More>>

ALSO:

FMA: Kiwisaver Fees Don't Match Performance

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles [i] used by KiwiSaver providers. The FMA commissioned MyFiduciary to test the extent that KiwiSaver providers were ... More>>