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Updates from the BusinessNZ Energy Council (BEC)

   
     

WHAT'S HAPPENING?

     

ChatGPT and AI

BEC recently hosted an event at Mercury in Auckland to explore how ChatGPT and AI could be used to shape our energy and transport sectors now and in the future. We had insights from Asa Cox - Arcanum AI, Esther Tomkinson - Mercury and Tony Baker - TESLA Asia Pacific. Click this link to see the event recording, read some of the key takeaways and view the presentations.

   

The Energy Progress Report 2023

The Energy Progress Report 2023 released this week by the IEA, UN, World Bank and WHO shows large improvements across the energy trilemma since 2010. The most impressive improvements include: Between 2010 and 2021, the number of people without electricity has halved, from 1.1 billion to 675 million; Between 2010 and 2021, the number of people without clean cooking fuels and technology has dropped by 20%, from 2.9 billion to 2.3 billion. Read more…

   
   

Bridging the gaps

PwC's newest global report 'Bridging the Gaps', highlights the progress made to date in reducing emissions and spotlights the substantial global chasms in power generation, transportation, grids, storage, conversion, critical materials, and funding. Read more...

   

NZ Energy Market update

SmartPower’s energy market report shows most drivers for future electricity prices remain positive with gas supply (and price) better than it has been and international energy prices retreating. The domestic gas supply situation is improving with drilling providing an uptick in production at Maui and Mangahewa, with hopefully more to come. Domestic gas prices remain 10% below what they were a year ago. Internationally gas prices dropped around 5% in August. They remain high compared to historical levels. After recent falls coal prices increased 15% in August, they remain above the levels we would normally expect to see.  Read more...

   
   

KPMG Survey - 30 Voices on 2030: The future of energy in Aotearoa

New Zealand has set ambitious targets to increase renewable electricity generation by 2030, and fully transition to a net-zero economy by 2050. KPMG would like to get your view on this topic, and other energy-related matters. The survey will ask you the extent to which you agree or disagree with a series of statements in relation to energy transition and renewables, people / talent, transportation, regulation / government policy and technology / research, and how likely they are to have occurred by 2030. The survey will take less than 10 minutes, and your responses will remain confidential. Complete the survey here...

   
   

BusinessNZ Final Green Paper

BusinessNZ asked Sense Partners to prepare a Green Paper on what New Zealand Inc needs to do to navigate the structural challenges shaping the economy out to 2050. The business environment will become increasingly uncertain over the next 25 years. Megatrends such as climate change, complex geopolitics, rapid technology change, ageing populations and expensive housing inequities will all have disruptive and divisive effects on New Zealand’s economy and society. Read more...

   
   

BEC Submissions

The BusinessNZ Energy Council is currently working on the following submission responses: 1. Interim Hydrogen Roadmap 2. Gas Transition Plan issues paper 3. Electricity Market Measures 4. Developing a regulatory framework for offshore renewable energy 5. Implementing a ban on new fossil-fuel baseload electricity generationRead more... 

     

HUMANISING ENERGY

     

Norwegian company Å Energi rewarding reduced consumption

In In this Series 2 episode of "Humanising Energy", presented by Å Energi - with many households across the world used to consuming lots of energy, it can be hard to change habits and mitigate the impacts. This Norwegian company is working together with its customers to try to reduce the pressure on the grid and lower the volume of electricity used. View the video here...

     

If you have a question you'd like us to answer, email us at bec@businessnz.org.nz

     

MEET OUR MEMBERS

     

GIDI: Clean tech hot water heat pumps

The newest addition to the Government Investment in Decarbonising Industry (GIDI) Fund has now opened, offering co-funding for air-to-water heat pump hot water systems in commercial buildings. The GIDI: Clean Tech programme supports businesses to install equipment upgrades with off-the-shelf, energy-efficient solutions. Read more...

   
   
   

Climate Transition Action Plan

Mercury's Climate Transition Action Plan builds on work they've done to reduce emissions and sets out further actions they plan to take for their business to work towards a net-zero future while continuing to deliver reliable energy for New Zealand.   New Zealand’s energy sector has a critical role to power New Zealand’s decarbonisation – increased electrification and renewable energy are forecast to deliver 70% of the gross emissions reductions required for New Zealand to achieve net zero. Read more...

   

Z Energy launches EV home charging offer

Z Energy (Z) has recently launched its first foray into home charging with its ‘EV at home’ electricity offer. The package is designed to offer EV and Plug In Hybrid Electric Vehicle drivers three hours of free power between 3am-6am and half price night rates (compared to day rates), between 9pm and 7am. The offer highlights Z‘s expanding focus on providing customers with low carbon alternatives for their transport energy needs, with plans to have EV charging available at 20 percent of Z’s retail service station sites by the end of 2023. Read more...

   
   
   

New Zealand Hydrogen Aviation Consortium to launch green hydrogen aviation

Two BEC members - Fortescue and Hiringa Energy are part of a consortium including Airbus, Air New Zealand, Christchurch Airport, and Fabrum - the group of businesses has put forward a plan that would see liquid hydrogen-fuelled aircraft flying New Zealand's domestic routes. The New Zealand Hydrogen Aviation Consortium said the shift to hydrogen power would remove up to 900,000 tonnes of carbon emissions every year by 2050.  Read more...

   

MBIE Energy in New Zealand 2023 report

MBIE has released its report which presents comprehensive information on and analysis of New Zealand’s energy supply and demand for the 2022 calendar year. Renewable sources generated 87% of electricity in 2022, with more recent data showing this regularly reaching above 90% and indications this will rise even more – if the weather is favourable.  The latest annual energy report from the Ministry of Business, Innovation and Employment (MBIE) also said renewable sources made up 44% of all energy supply. Read more...

   
     

JOBS

     

Contact Energy- Well Asset Supervisor - Taupo Central

EECA - Lead Advisor Regulatory Development - Wellington Central

If you have a job opportunity to share, email us at bec@businessnz.org.nz

     

EVENTS

     
   

Celebrating 100 years of energy in New Zealand

11 October, Chapman Tripp, Auckland

The BusinessNZ Energy Council (BEC), a member of the World Energy Council (WEC), are marking the centenary of the world energy community that was formed in 1923 ahead of the First World Power Conference which took place in London the following year. Since this first gathering of 41 countries, WEC have built a deeply local and globally networked community that today works collaboratively in nearly 100 countries, progressing solutions, inspiring leadership action and promoting the sustainable supply and use of energy across the world. 

The World Energy Council has launched its centenary celebrations to commemorate 100 years of delivering impact in energy and shaping the next 100 years of progress. The celebrations seek to galvanise the world energy community around transforming energy systems at speed and at scale, activating for a cleaner, better future for billions of better lives and one healthy planet. 

This is an opportunity to celebrate the achievements and challenges of the past, present, and future of energy in New Zealand. Join us to explore the history of energy in New Zealand from the 1920s-1950s, 1960s to 1984, 1984 to 2000s, and the 2000s - and looking into what the future might hold for the New Zealand energy sector. 

Speakers include: 

  • Tina Schirr - Executive Director BusinessNZ Energy Council - Energy overview
  • David Reeve - Director Whiteboard Energy
  • John Boshier - Company Director and author of Power Surge: how Think Big and Rogernomics transformed New Zealand 
  • Dr Graham Scott - Former Secretary to the Treasury, former chair of the wholesale electricity market and Director at Sapere 
  • Page Crahan - GM at X (TBC)
  • Facilitator - David Caygill, Chair BusinessNZ Energy Council

WHEN  11 September, 3pm-6pm

WHERE Chapman Tripp, Level 34/15 Customs Street West, Auckland

   
   

Geothermal Energy | Digital Workshop

12 October - online

The German-New Zealand Chamber of Commerce would like to warmly invite you to a webinar on Geothermal Energy on Thursday, 12th of October, within the New Zealand-Germany Energy Dialogue co-hosted with both the New Zealand and German Geothermal Associations. Geothermal energy is a topic of mutual interest in Germany and New Zealand and offers opportunities for learning from each other. New Zealand is known for its large geothermal resources and has been utilizing it for power production and direct-use applications for the past several decades. Germany, on the other hand, has been employing it primarily for heating purposes and is planning to expand its use. So far, the Energy Dialogue between Germany and New Zealand has been focusing on hydrogen and offshore wind and we are looking forward to expanding the scope with this session.

The event will feature speakers from: 

  • the New Zealand Geothermal Association (NZGA) 
  • the German Geothermal Association (BVG) 
  • DMT Petrologic 
  • Herrenknecht Vertical 
  • GNS Science 
  • Seequent Limited 
  • GFZ German Research Centre for Geosciences

WHEN 12 October, 6.30pm-8pm

WHERE Online

   
   

26th World Energy Congress

22-25 April 2024, Rotterdam, The Netherlands

The World Energy Council are thrilled to announce that early bird registration for the 26th World Energy Congress is now open! Don’t miss out on the chance to attend this impactful event where we’ll address the pressing challenge of energy. Save your spot at a early bird rate until 11 December 2023. 

Did you know members get a discounted rate for the Congress? You can become part of the World Energy Council – as a member, by hosting a national Member Committee, or by becoming a partner. Get involved!

The theme, Redesigning Energy for People and Planet, emphasises that there has never been a more important time for leadership in energy, for climate and human security, for promoting new energy actions in all regions which generate positive harmonies between people and planet, and for peace.

WHEN 22-25 April 2024

WHERE Rotterdam, The Netherlands

   
   
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