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Save the date - World Energy Week 2025

The World Energy Council are delighted to share that World Energy Week 2025 will take place from 6-9 October 2025 in the heart of Latin America in Panama City.   Convening the World Energy Council’s remarkable 100-year-old global network alongside diverse communities from across the energy ecosystem, World Energy Week is a dynamic space to share actionable solutions that will enable faster, fairer and more far-reaching energy transitions. Read more...

   
   

Government responds to energy crunch

Last week, the Government released a series of both short and medium-term options to bolster New Zealand energy security. BEC supports the Government’s approach and considers the actions to be largely pragmatic in the face of limited short-term options to rebalance the energy supply imbalance. The actions will provide regulatory certainty in an environment where investment is vitally needed, and new generation projects are in the pipeline. Read more...

   

Offshore wind legislation on its way

The Government has made decisions on the design of a regulatory regime for offshore renewable energy. These decisions are detailed in Cabinet papers released last week. There have been no significant changes to the regime’s design outlined in previous consultation documents released by the previous Labour Government in 2023. The Minister expects to return to Cabinet by the end of this year to seek approval to introduce the Bill. Read more...

   
     

Submissions

BEC has recently submitted on the Government’s Emissions Reduction Plan. Currently, BEC is working on its response to the Electricity Authority on its paper on improving visibility of generation investment and MBIE’s consultation paper on the designation of the electricity sector in the CDR Bill currently before Parliament. We will be in touch with members on both papers. Find more on BEC submissions here...

     

Call for cross-party consensus on energy and resources

There is growing concern about high wholesale energy prices, the lack of resilience in our energy market and the impact this will have on New Zealanders. As such, a collective representing New Zealand's energy and resources sector have written to the political parties calling for cross-party consensus on energy and resources. Read more...

   

Energy competition task force

The Electricity Authority and Commerce Commission has established an Energy Competition Task Force to develop short- and medium-term actions to improve market performance. The Taskforce has met and is considering ways for new generators and independent retailers to enter and compete in the market. Read more...

   

NZ Steel brings forward furnace swap

New Zealand Steel says its $300 million project to reduce coal use at its Glenbrook mill may be completed early and could cut 25 per cent more emissions than initially expected. NZ Steel is now looking at up to one million tonne reduction per year in its annual GHG emissions, with starting commissioning brought forward to the end of 2025. Read more...

   

Lightsource bp secures financing package for Kōwhai Park solar farm

Lightsource bp has secured NZ$267 million of financing on its 168MWdc Kōwhai Park solar project located in Christchurch. This will be one of New Zealand’s largest solar farms with around 300,000 solar panels. The project is being developed in partnership with Contact and is the first phase of Christchurch Airport’s renewable energy precinct, Kōwhai Park. The solar farm will generate over 275GWh per year once completed. This is equivalent to the annual demand of approximately 36,000 homes. Read more...

     

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

     

JOB OPPORTUNITIES

     

EECA: Energy Systems Modeller - Auckland CBD

EECA: Energy Systems Modeller - Wellington CBD

Clarus: Asset Manager and Asset Planner - New Plymouth

Clarus: Environment and Sustainability Analyst - New Plymouth

Ara Ake: Senior Research & Insights Analyst- New Plymouth

Meridian Energy: Strategy Advisor - Wellington

Manawa Energy: Stakeholder Relations Advisor - Tauranga

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

     

EVENTS

     

Bright ideas: 

Unlocking energy efficiency in Aotearoa

25 September 2024

BusinessNZ Wellington

As New Zealand faces energy scarcity, both with limited gas and electricity supply, improving the supply imbalance takes priority to ensure the lights stay on, businesses stay in New Zealand and energy is affordable to decarbonise our economy. As part of our actions to boost supply, it is clear we need to take a closer look at energy efficiency to ensure that we can minimise peak demand, optimise and reduce demand, and use our energy more dynamically in a system with more renewables. 

Join our panellists as they discuss ways to improve energy efficiency through new emerging technologies, identifying barriers and solutions to its adoption including quick wins we can do now, the role that Government and the private sector can play, and ways to unlock more demand-side flexibility.

   

2024 NZ Wind Energy Summit

Onshore & Offshore Wind Energy

10-12 September - Te Papa Tongarewa, Wellington

This year’s over-arching theme, "Our Wind, Our Future" encapsulates wind energy’s critical role to deliver our future clean energy needs. Aotearoa’s wind resource is not only abundant, but it is world class in terms of sustained wind quality, which we should all embrace. The secondary theme focused on the wind sectors’ ability to provide energy security to the grid. 

The event traverses both onshore wind energy and offshore wind energy as both technologies continue to evolve. We need both technology solutions to support the net zero carbon targets, with each requiring different industry support. NZWEA is therefore technology agnostic and deeply supportive of both.

   

Asia-Pacific Hydrogen 2024

Summit & Exhibition

12 & 13 September

Brisbane Convention & Exhibition Centre

   

In 2024, we will be gathering global hydrogen leaders to meet with the region’s policy makers and energy stakeholders, providing access to the latest project and technology developments and sign new partnerships to drive the industry forward. 

Loaded with insights, platforms and networking activities for the complete value chain, Asia-Pacific Hydrogen 2024 connects government, research, innovation and private sector leaders for two full days dedicated exclusively to hydrogen industry advancement within Asia Pacific. 

   

Oceania Renewable Power Summit

17 & 18 September

Auckland

Gain a comprehensive understanding of the current state of the energy transition across Oceania. Expert speakers include policy makers, operators, regulators and investors will share the crucial insights around renewable energy construction, market integration, financing, and asset management that can support the fast tracking of the energy transition to renewables across New Zealand, Australia, and the Pacific.

   
   

Business Case Workshop

Finance

26 September - Online (via GotoMeeting)

Get your business back on track with the Business Case Workshop, which is designed to help you get projects “over the line”. Equally applicable to consultants and in-house energy managers, it covers the basics of putting together a compelling case to secure finance for projects and achieving that all too elusive green light for your proposal. This workshop focuses on understanding how to present the financial benefits of a project. The workshop covers the drivers of financial decision making, different investment assessment tools – and how to use them properly, prioritising projects, adjusting for risk, dealing with the unquantifiables and presenting the business case.

   

World Hydrogen Week

30 Sept-4 Oct 2024 - Bella Centre, Copenhagen

The largest community of senior hydrogen professionals will convene in Copenhagen for a week of knowledge-sharing, innovation and networking with the ultimate goal of achieving a net-zero economy. The week includes the return of World Hydrogen Derivatives, World Hydrogen Intelligence Day and World Hydrogen Global Projects Summit, along with the 5th annual World Hydrogen Congress and to drive forward the transition of clean and sustainable energy. Get your Early Bird tickets via the link below.

   

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