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

 

Growing wind industry good for economy


Growing wind industry good for economy

“Following a record year in 2009, New Zealand’s wind energy industry is proving its worth to New Zealand’s economy,” says New Zealand Wind Energy Association Chief Executive Fraser Clark, in the lead up to the 2010 New Zealand Wind Energy Conference, being held in Palmerston North this week.

“2009 saw many new wind energy records, including a new quarterly record with wind providing 4.9% of total generation (511 gigawatt-hours) in the December quarter,” says Mr Clark. “The industry is well on track for providing 20% of New Zealand’s electricity, and this growth will bring further economic benefits and opportunities.”

During 2009 a record 171 megawatts of capacity was installed at four wind farms, and annual generation reached 1456 gigawatt-hours (3.5% of generation). Wind farms are now operating or under construction in the Waikato, the Manawatu, Wellington, Marlborough, Central Otago and Southland.

“These wind farms make use of a free and reliable energy source – the wind – to generate competitive, low emission electricity,” notes Mr Clark.

“The price and reliability of our electricity supply remains a concern for New Zealanders. New Zealand’s wind energy industry plays an important role in ensuring New Zealanders have access to reliable and affordable electricity as our traditional energy sources – water and gas – become constrained.”

At the same time, the wind industry provides opportunities for businesses and jobs. The range of companies involved with the conference demonstrates the wealth of business opportunities available in wind energy. Over 35 companies are exhibiting at the conference – including New Zealand’s wind turbine suppliers, construction and engineering companies, consultancies and equipment suppliers of all kinds – from cables and electrical components to health and safety. The conference is an excellent opportunity for these companies and others in the industry to connect with and learn from each other.

Conference speaker Deion Campbell, Manager – Major Projects at TrustPower, will discuss the economic benefits wind energy brings to local economies – and the opportunities this creates for local businesses and jobs – using the development and operation of Stage 3 of Tararua Wind Farm, in the Manawatu, as a case study.

“Ten years ago, Vestas employed 2 people in Palmerston North, it now employs 38,” says Mr Cambpell. “I estimate that each year the wind industry spends about
$11 million with local businesses. Last year Vestas spent $2.4 million with 109 local companies in relation to Tararua Stage 3 alone.”

In the past year the wind energy industry has taken some important steps to ensure its growth continues in a sustainable fashion. The new Wind Farm Noise Standard will help to ensure the noise effects of wind farms are well managed. At the conference NZWEA will launch its Wind Farm Development Guidelines project, which set out to identify good practice across all aspects of wind farm development from site assessment to operation.

“This project will enable councils and communities to be confident that wind farms are being developed in line with good practice,” concludes Mr Clark.


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Policy Lessons From A Year Of Covid-19

The Reserve Bank of New Zealand – Te Pūtea Matua was in a sound position to continue to meet its mandate in the face of the COVID-19 induced economic shock. However, we must continue to transform so as to remain relevant and effective in addressing longer-term challenges, Reserve Bank Governor Adrian Orr said... More>>


Transport Industry Association: Feb 2021 New Vehicle Registrations Strongest On Record

Motor Industry Association Chief Executive David Crawford says that the February 2021 figures are the strongest for the month of February ever. Registrations of 12,358 were 8.0% up on February 2020. Year to date the market is up 7.1% (1,735 units) compared to the first two months of 2020... More>>

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>


OECD: Annual Inflation Picks Up To 1.5% In January 2021 While Euro Area Records Sharp Increase To 0.9%

Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December... More>>


Hemp Industries Association: Could The Next Team NZ Boat Be Made Entirely Of Hemp?

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, nutritious hemp-infused foods and wearing high-performance hemp kit..? More>>


ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>