Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


90% renewables right for NZ’s economy

90% renewables right for NZ’s economy

The New Zealand Wind Energy Association welcomes the Government’s continued commitment to its target of 90% renewable electricity by 2025 in the draft New Zealand Energy Strategy.

“The quality and extent of our natural renewable resources provides New Zealand with a secure and cost-competitive supply of electricity,” says Fraser Clark, NZWEA’s Chief Executive. “The 90% target will help ensure this remains the case long into the future, enabling New Zealand to extend its economic advantage of globally competitive electricity prices.

“Electricity prices have increased significantly in recent years on the back of rising natural gas prices. Increasing use of renewables such as wind energy, which has no fuel or carbon emissions costs, is helping to check these rising prices.

“Many other countries around the world are turning to renewable generation in an effort to obtain the benefits that New Zealand is already achieving,” notes Mr Clark. Last week the United Nations released two reports showing that global investment in renewables now exceeds that for conventional sources. Wind energy accounts for around 60% of global utility-scale renewables investment.

“Despite this level of investment most countries will not achieve the same advantage open to New Zealand as they have limited and lower quality renewable resources. “In New Zealand, wind generation has increased 10-fold since 2003, helping lift total renewable generation to recent highs of over 70%. With four wind farms currently under construction, together with other new and planned renewable projects, New Zealand is making progress towards the 90% target and the rewards that it brings to the economy and the environment.

“Already we are seeing that competition has increased in the retail electricity sector, in some part due to recent investment in new wind and geothermal generation. Investment in new projects also creates jobs and spurs economic activity in regional economies,” says Mr Clark.

The Energy Strategy identifies completing the development of the National Policy Statement for Renewable Electricity Generation as important for achieving the 90% target in an environmentally responsible manner.

“The NPS should help local councils and RMA decision makers to ensure that new renewable generation is developed in a way that balances local environmental effects with the benefits renewables bring to electricity consumers and the local and national economies,” concludes Mr Clark.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Mayor of Auckland: Alert Level Change Welcome News

Mayor Phil Goff says the government’s decision to move Auckland to Level 2 from 6am on Sunday will be welcome news for all Aucklanders.
“Moving strongly and quickly to contain this outbreak has once again proved effective in stopping the spread of community transmission and I thank all the Aucklanders who have followed the rules of Level 3 over the past week,” he says... More>>


Earthquakes: Tsunami Activity – Cancelled

The National Advisory issued at 2:48pm following this morning's earthquakes near the KERMADEC ISLANDS REGION is cancelled.
The advice from GNS Science, based on ocean observations, is that the Beach and Marine threat has now passed for all areas... More>>

Joint Press Release: Dirty PR Exposed In Whale Oil Defamation Trial

Three public health advocates are relieved that their long-standing Whale Oil defamation trial against Cameron Slater, Carrick Graham, Katherine Rich and the Food and Grocery Council has finally concluded and they are pleased that the truth has come out... More>>


Government: Next Stage Of COVID-19 Support For Business And Workers

The Government has confirmed details of COVID-19 support for business and workers following the increased alert levels due to a resurgence of the virus over the weekend... More>>


Government: Balanced Economic Approach Reflected In Crown Accounts

New Zealand’s economic recovery has again been reflected in the Government’s books, which are in better shape than expected.
The Crown accounts for the seven months to the end of January 2021 were better than forecast in the Half Year Economic and Fiscal Update (HYEFU)... More>>

Covid-19: Auckland Back To Alert Level Three After One New Community Case Revealed

Auckland will move to alert level three for a week at 6am tomorrow morning after two new Covid-19 community cases announced this evening could not be directly linked to earlier cases, the Prime Minister has confirmed.
The rest of the country will move to level two.... More>>

NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>

Parliament: Kiwi MPs Among The “Most Educated In The World”

New analysis of MP qualifications reveals New Zealand’s Parliament is one of the most educated and highest qualified in the world, and significantly more educated than Australia’s. The research, by Mark Blackham of BlacklandPR and Geoffrey Miller ... More>>




InfoPages News Channels