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Updates from the BusinessNZ Energy Council (BEC)
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Commerce Commission seeks views on priorities
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The Commerce Commission is seeking views on emerging issues for electricity and gas networks. Significant change is anticipated, particularly in relation to decarbonisation. Current regulation seeks to support the energy transition and encourage innovative approaches, while still providing regulatory certainty and predictability. Feedback on their letter is welcomed by May 28. Read more...
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Contestable funds for industry now open
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Applications are now open for round 2 of the Government's Investment in Decarbonisation Industry Fund. Co-funding is available to NZ-based companies committed to decarbonising their business and industry processes. Fourteen companies received a share of $22.88m co-funding in the first round, with the successful projects estimated to save 150,000 tonnes of carbon each year. Read more...
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Secondary market for carbon trading
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The first auction of New Zealand Carbon Units (NZUs) in March this year was a significant change to our Emissions Trading Scheme, replacing the Fixed Price Option for 2021 carbon unit surrender obligations. As a result, the secondary market for NZUs is as important as ever. emsTradepoint provides a trading platform for NZUs, showing live bids and offers, as well as traded prices and volumes. Read more...
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LPG is a versatile and portable fuel with a high energy density that makes it cost effective in even the most remote parts of the country. More than 180,000 homes and businesses use LPG in New Zealand. A study by Worley shows that renewable LPG options are not only technically and economically feasible, but could also contribute to emissions reductions in line with the Climate Change Commission's emission budget. Read more...
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TESLA announce Japanese partnership
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TESLA Ltd have partnered with Japan Weather Association (JWA) to develop a joint product combining JWA's domestic weather forecasting with TESLA's global load forecasting experience. There's strong interest in accurate load forecasting amongst Japan's physical power traders and retailers, driven by a number of factors: four distinct seasons, a growing intermittent renewable supply and a lack of data transparency. Read more...
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Certified Energy seeks views on gas certificates
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Certified Energy is consulting on rules for a renewable gas certificates system. Certification can help to incentivise new renewable gas production and has "the potential to help many large energy users to reduce their emissions, particularly where electrification is not an option," notes Chief Executive Tim Middlehurst. The consultation is an opportunity to help develop a robust, transparent system. Read more...
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EECA report on Liquid Biofuels released
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EECA have commissioned a study to explore using liquid biofuels in New Zealand. The report takes a holistic approach, assessing life-cycle emissions, blending limits, technological readiness and market availabilities. Conventional biofuels (made from edible feedstock) may provide an interim solution, while advanced biofuels (from more sustainable feedstock) are expected to play a longer-term role. Read more...
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Regenerating New Zealand
CEP Conference 2021
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26 - 27 May, Christchurch
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Getting business back on track and doing so with low carbon intent is what the CEP conference 2021 is all about. The theme of Regenerating New Zealand was selected deliberately for its different nuances, so whether you’re active in the areas of renewable generation, business development, energy efficiency, decarbonisation, sustainability or economic growth, this conference offers you an outstanding opportunity to build new or re-kindle previous business relationships with fellow delegates.
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WHEN 26 - 27 May 2021
WHERE Christchurch Town Hall, Christchurch
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Energy Hardship Panel YEPN & Power Women / Mana Wahine
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The struggle to keep up with household bills is a big financial burden on some of our most vulnerable communities - and something that COVID has exacerbated. So what role does the energy sector have to play in addressing energy hardship given we're the ones setting the policies and sending the bills?
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WHEN 4:45 - 7:00PM, 26 May 2021
WHERE Transpower, 22 Boulcott Street, Wellington
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BusinessNZ - The Wellington Seminar
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31 May - 1 June, Wellington
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Leading companies and organisations don't leave it to change to achieve influence in Wellington. Engaging with decision-makers in Wellington is vital. The BusinessNZ Wellington Seminar helps executives make connections and gain influencing skills in the place where laws, regulations and policies are made.
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WHEN 31 May - 1 June 2021
WHERE BusinessNZ, 3-11 Hunter Street, Wellington
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