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


New Zealand heads towards 90% renewable generation

9 August 2016

New Zealand heads towards 90% renewable generation

Transpower today said that recent levels of renewable generation on the power system has been around 90% – a very positive step towards achieving the Government’s target of 90% renewable generation by 2025. An upward trend in the use of renewable generation had been seen this year largely due to favourable hydrological conditions, recent grid and generation investment and the decommissioning of Southdown and Otahuhu thermal plants at the end of 2015.

Transpower Chief Executive Alison Andrew said that the percentage of renewable generation being used on the power system had been 90% or higher for each month since February this year.

“New Zealand is extremely fortunate to have a large amount of renewable energy at its disposal - both in natural resources as well as in past investments made in large hydro plant, wind and more recent investments in new geothermal plant.”

“These generation investments, coupled with large investments on the transmission system over the last five years, mean that greater volumes of renewable generation is able to be transported to the Upper North Island where demand is the greatest,” she said.

“This year we have seen good hydrology conditions which has meant an abundance of lower cost, hydro generation being transferred from south to north. The hydro lakes are sitting around 140% of average for this time of year.

“The HVDC link (the link that runs under the Cook Strait between the islands) has predominantly been operating in a northwards direction seeing on average around 75 GWH (equivalent to around 350,000 households) per week of hydro generation north.

“There are very few countries that can boast over 90% renewable generation. New Zealand should feel proud that as a country, we can run such a green power system and have a continued commitment to do so,” she said.

Quick facts:

The peak percentage of renewables reached 93% on the week starting 27 June 2016.

The peak percentage of renewables has been 90% or higher for each month since February 2016.

HVDC transfer has been consistently high in 2016. North transfer this year to date (a total of 7 months), is nearly the same as the full 12 months of 2015.


© 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>>


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>>

Quotable Value New Zealand: Property Market Set To Cool From Sizzling To Warm In 2021

Nostradamus himself could not have predicted the strange series of events that befell our world in 2020 – nor the wild trajectory of New Zealand’s property market, which has gone from “doom and gloom” to “boom and Zoom” in record time. Even ... More>>