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| Shane Jones increases minimum diesel stockholding | Shane Jones has increased the minimum diesel stockholding obligation for importers from 21 to 28 days' cover by 1 July 2028. The change aims to enhance New Zealand's resilience against supply disruptions, as diesel is crucial for the economy. The Government's Fuel Security Plan is underway, with a review of small market share importers' obligations planned for next year. Read more...
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Can new public infrastructure pay for itself | The social and economic benefits of public infrastructure – our hospitals, schools, roads, water networks and more – are clear. But while all infrastructure needs to be paid for, it’s not always clear how it’s paid for. The Infrastructure Commission recently published some research exploring whether new public infrastructure investment can generate revenue to pay back the cost of the investment. Read more... | | | |
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Hydrogen electric flight prepares for lift off in NZ | Stralis Aircraft is collaborating with Fabrum and Ara Ake to design, develop, and test storage tanks and a fuel system, aiming to achieve Australasia's first liquid-hydrogen-powered flight. This project, which aligns with Fabrum's newly announced hydrogen-testing facility in Christchurch, will enhance expertise in liquid hydrogen. Read more...
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The World Energy Council – Germany invites the New Zealand energy community to contribute to the international survey “Perspectives on the German Energy Transition.” Since 2011, the survey has collected global viewpoints on Germany’s climate and energy strategies. Explore: How Germany’s energy transition is seen globally, what Germany can learn from other countries, and how we can collaborate better. The survey takes 10 minutes with a deadline of 16 April 2025 Results will be shared with participants, the World Energy Council network, and German policymakers by mid-2025. | | | |
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Nigeria's refining revolution | Nigeria is poised to become a major exporter of Jet Fuel, Naptha and Fuel Oil thanks to the countries new $20 Billion Dangote Refinery. This could revolutionise West African fuel routes and greatly reduce the cost and emissions of refined fuel imports into the region. Additionally, the refinery complies with emission standards set by both the World Bank and European Union. Read more...
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BEC supports the work done by MBIE in the review of New Zealand’s fuel standards. This review is expected to improve the alignment of fuel standards and vehicle standards, which will subsequently ensure consumer protection while aligning with international standards. BEC is currently working on a submission for the EA's level playing field measures - options paper. BEC is currently considering working on a submission for the EECA's green paper on its targeted investment approach. This green paper outlines potential new financial mechanisms to accelerate ‘clean and clever’ energy projects. Read more... | |
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The Electricity Authority have recently released a review of electricity prices over the winter of 2024. July and mid-August 2024 spot prices were much higher than average for winter. Between 2018 and 2023, the average winter price was around $180/MWh. However, in early August the average daily price reached $820/MWh. These high prices resulted from high electricity demand and and low wind generation during a fuel shortage, due to low hydro storage and gas supply. Read more...
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YEPN's first event of the year | The Young Energy Professionals Network held their first Auckland event for the year, hosted by Aurecon. Using a speed networking format, the diverse room dived into the big energy sector challenges we’re facing now — and looking ahead to the future. What made it extra special was the mix of experience in the room from more "seasoned" professionals - and having a genuine two-way kōrero meant that YEPNs could share their perspectives and hear directly from the people making key decisions. Find out more about YEPN... | | | |
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EECA and Counties Energy team up on DSO pilot | Counties Energy is stepping up the game yet again in demand flexibility with its latest pilot in South Auckland. Partnering with the Energy Efficiency & Conservation Authority (EECA), they’re testing how a Distributed System Operator (DSO) model can help better manage electricity demand peaks. Read more...
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The community energy activator impact review | The Community Energy Activator was run from September-November 2024 and supported community organisations to develop their understanding of designing, building, and managing community-scale energy projects. This review captures the key learnings from the pilot - insights that will help shape future programmes across the country, empowering communities and energy sector participants alike. Read more... | | | |
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Energy Minister breaks ground on Northland's first wind farm | Mercury Chief Executive Stew Hamilton and Energy Minister Simon Watts recently broke the ground of the $287 million Kaiwaikawe Wind Farm, near Dargaville. The 77MW (221GWh p.a.) wind farm, which is Northland’s first, will generate enough renewable electricity to power about 27,000 homes - equivalent to powering the Far North. Read more...
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Elemental Group seeking development partner for offshore wind | BlueFloat Energy announced they were exiting NZ late last year as part of a global strategic review process. With that process complete, Elemental Group now own all the IP for both offshore wind energy projects - South Taranaki and Waikato. They're continuing the detailed work to date and aim to apply for feasibility licences when the process opens later this year. They are also seeking a development partner. Elemental Group sponsored the recent Offshore Renewable Energy Forum and provided an update on the work streams required to complete a Feasibility License application. | | | |
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TR Group expands hydrogen truck range | TR Group has launched its hydogen 50-tonne prime mover - produced in partnership with Global Bus Ventures and Toyota New Zealand. This truck offers a practical zero-emissions solution for heavy freight transport and can operate with conventional trailers and loads. It has comparable refuelling times with diesel and will align with normal operator driving hours and schedules. Read more...
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Aurecon celebrates milestone | International design, engineering and advisory company, Aurecon has supported the Central-West Orana Renewable Energy Zone (REZ) project in reaching Financial Close, a transmission project with unprecedented geographical reach and capital investment in Australia. Set to become the first and one of the largest renewable energy zones in Australia, the Central-West Orana REZ transmission project is expected to initially unlock up to 4.5 gigawatts of new network capacity. Read more... | | | |
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Power up your business: Sunrise | A Solar Energy Breakfast Event | |
30 April, 8.30am-10am | BusinessNZ | |
Join us for an enlightening morning as we discuss how solar energy can help reduce costs and emissions for businesses, and contribute to a sustainable future for New Zealand. We'll hear from Helios on solar developments in New Zealand, Lightforce Solar on empowering Kiwi businesses, Transpower on driving towards a greener future. | |
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New Zealand Climate Change Impacts on Extreme Weather A Review | |
30 May, 8.30am-10am | Chapman Tripp | |
Join us for a special breakfast event where we will delve into the latest findings from a comprehensive review of scientific studies on New Zealand’s evolving risk landscape. This is a unique opportunity to gain valuable insights and engage with leading experts in the field. New Zealand is leading the way in integrating climate change into financial reporting. The recent 2023 Auckland Anniversary floods and Cyclone Gabrielle have highlighted the critical need to understand and prepare for future climate risks. To enable more resilient communities, QBE's role as an insurer is pivotal in assessing how extreme weather events may evolve and impact us all. This event will provide you with the knowledge and tools to better understand and stay ahead of these challenges. | |
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27 & 28 May | Grand Millennium Auckland | |
The CEP Conference has become the primary event for practitioners and influencers to hone their knowledge and maintain their understanding of what’s out there to help them do their critical and ever more influential jobs better. CEP has added another European heavy hitter to its conference programme for 2025 with Peter Sweatman, CEO of Climate Strategy & Partners, just announced as a Keynote. Madrid-based Sweatman has over 30 years in finance with more than 20 of them specialising in climate finance and energy efficiency. For ten years, he worked with the EU Commission and UN’s Energy Efficiency Financial Institutions Group (EEFIG) and for five years was the G20’s technical lead for its Energy Efficiency finance task group. Get in quick - Earlybird registration closes 16th April.
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New Zealand Geothermal Week Save the Date | |
28 July-2 August in Taupo | |
Amplify and the New Zealand Geothermal Association will once again be hosting New Zealand Geothermal Week in Taupō. The theme for 2025 is "Geothermal: New Zealand's Global Opportunity". To find out more subscribe via the link below. | |
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New Zealand Wind Energy Summit 2025 | |
26-28 August | Te Papa Museum, Wellington | |
As Aotearoa New Zealand accelerates its transition to a resilient, low-carbon future, this year’s Wind Energy Summit places a bold focus on energy security through the power of geographically diverse wind resources. When the wind doesn’t blow in some locations, it blows in others. With wind energy now delivering over 9% of the total energy delivered on the grid with an installed capacity of 1.3GW and growing, wind energy is now playing a key role in our energy security future. It is a timely and vital conversation to have—and your brand can be at the centre of it. NZWEA are currently calling for sponsorship and papers - email link below. The link to the summit website is here. | |
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