Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Transpower releases Security of Supply Annual Assessment

Transpower releases Security of Supply Annual Assessment

Transpower today advised that there is sufficient consented generation available to ensure a reliable electricity supply until at least 2027 – assuming the industry continues to rely on thermal generation.

Each year, Transpower publishes a Security of Supply Annual Assessment, providing a medium-to-long-term view of how the power system is expected to respond to a range of supply and demand scenarios. This document is intended to support the electricity industry in making informed decisions relating to generation needs.

General Manager System Operations John Clarke said Transpower’s thinking has been guided by the various options facing the electricity industry and New Zealand electricity consumers, including an increased focus on renewable generation.

“This year, we have used scenarios to test the ability of the power system to meet security of supply margins over the next decade. These scenarios were developed based on the continued operation of the Tiwai aluminium smelter and known current, committed and consented generation projects we are aware of.

“Our findings indicate there is sufficient consented generation available to ensure efficient levels of reliability until at least 2027 – assuming the industry continues to rely on thermal generation.

“If New Zealand starts to see an increased reliance on electricity coupled with a greater dependence on renewable generation, new generation options may need to be considered beyond 2024, to maintain security of supply standards.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

“We are working with the Electricity Authority to review the security standards to ensure they are appropriate in a changing environment. We will continue our discussions with industry participants and provide up-to-date information as further analysis occurs.” he said.

This year’s Security of Supply Assessment and previous assessments can be found at: https://www.transpower.co.nz/system-operator/security-supply/security-supply-annualassessment

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.