New Zealand''s energy landscape is facing a perfect storm. With hydro storage at historic lows and natural gas production declining, energy prices are surging. As we turn to costly imported
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Concept Consulting''s modelling shows that without thermal generation from the Rankine units as part of New Zealand''s energy storage solution, wholesale electricity prices would likely be 60% higher in the
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The suite of Energy Link models used for this analysis utilise well established market dynamics and economic principles to estimate investment in new generation and future wholesale electricity prices.
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This article explains how New Zealand''s electricity system is designed to react to changes in supply and how it responds to high amounts of renewable generation.
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But winter may well still see price spikes if we don''t address seasonal storage. Scrapping most of the NZ Battery Project, as others have observed, may well prove shortsighted.
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Energy in New Zealand 2025 Comprehensive information on and analysis of New Zealand''s energy supply, demand and prices.
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With strategic investments and cross-sector collaboration, electrochemical storage will anchor New Zealand''s clean energy future, ensuring its landscapes remain pristine while powering...
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By strengthening its gas market, securing backup fuel for electricity and continuing to build renewables at pace, New Zealand can lower wholesale electricity prices.
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This report presents the findings and recommendations of a year-long research project initiated by EECA to better understand the value proposition of residential solar PV, including with the addition of
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Without significant rain and snowmelt to increase hydro storage, more thermal generation will be needed in the coming months, which will mean higher wholesale electricity prices. The
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