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Updates from the BusinessNZ Energy Council (BEC) | |
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NZ's energy system is top 10, security key focus | We just launched this year's energy trilemma results. We are delighted to announce New Zealand's energy system remains one of the top ten globally for equitable, secure, and sustainable access. BEC Executive Director Tina Schirr says "Transitioning to a fully sustainable energy system which is secure, affordable and equitable is undoubtedly a tough balancing act. But it is not a question of whether we should, but rather how to do it affordably, and what trade-offs we are willing to accept. Read more… | | | |
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Never let a good crisis go to waste: an updated briefing on Europe's energy crisis | BEC’s Energy Policy Advisor has returned from the World Energy Council’s Executive Assembly and Trilemma Summit in Aberdeen, Scotland with insights into the unfolding energy crisis cursing the continent. Levi has written a briefing on what was discussed during the two-day summit, intertwining an update on Executive Director Tina Schirr’s earlier insights in July. Read more... | | | |
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BEC Submission on proposed ETS changes | Over the last two months BEC has been submitting on MFE’s suggestions to change some elements of the NZ carbon market (the ETS) and the EA’s recommendations on how to treat large electricity purchase agreements going forward. Please find submissions here.
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The Start Up Energy Transition Award is an international competition for start-ups and young companies worldwide who are working on ideas affecting global energy transition and climate change. In the last four years, the award has received more than 2,700 applications from over 100 countries. Read more... | | | |
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The Good Registry - holiday giving | A lot of energy goes into corporate gifts every Christmas - from production to trucking and shipping, and ultimately disposal. Often that’s wasted energy, with unwanted or unnecessary gifts never being used. The Good Registry is out to change that. So far they’ve replaced more than 25,000 gifts, and all the associated energy use, waste and greenhouse emissions - and raised almost $1 million for good. To find out more check out the corporate giving page. Read more...
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Energy 101 - The forward electricity market explained | Have you ever wondered what informed future electricity prices and how they work? The forward electricity market (or electricity futures), allows electricity buyers to purchase a forward contract. This contract protects buyers against volatile spot prices by fixing their electricity price for a specified period. Read more... | | | |
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Round 5 of the GIDI fund just opened | The RFP for medium to large energy projects is now open from 10 November 2022 until 2 March 2023. Projects with focus on process heat, including high impact decarbonisation, projects of national significance, projects at regional level that optimise low emission fuel use can apply. Funding is also available for electricity transmission and distribution infrastructure upgrades to support fuel-switching and for businesses wanting to buy and install low emission, high efficiency electrical equipment. Read more… | | | |
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Fortescue Future Industries (FFI) and Channel Infrastructure’s study into the potential feasibility of green hydrogen production at Channel’s Marsden Point site is progressing, with the next phase, focussed on manufacturing supply for the domestic market, expected to be finalised in the first half of 2023. The focus of the study will now shift to the viability of options to produce green hydrogen and green hydrogen products for domestic use in New Zealand, with a range of potential uses under consideration including transport fuel and the production of e-SAF. Read more...
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Contact Energy launches EV focused plan | Contact Energy has launched a new plan, Dream Charge, designed specifically for EV owners. It's another iteration of Contact’s “time-of-use” power plans, where Contact customers can utilise Goodnights plan with three hours of free power. Read more...
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Climate change in New Zealand: The future is electric | This independent report by BCG presents a whole-of-sector view of the electricity sector in Aotearoa, New Zealand, which plays a key role in the country's emission reduction plan, as the industry can help reduce 70% of carbon emissions required under the country's net zero carbon target. Read more...
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The FlexForum is currently scoping a review of the Learning-by-doing ecosystem. Unlocking the value of flexibility requires a research, development and commercialisation ecosystem which supports learning-by-doing. The FlexForum wants to find out practical ways to improve the support now available. The Forum is expecting to talk with people about their experience with and suggestions for improving learning-by-doing in early 2023. Read more…
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Journey to a Low Carbon Energy System | The Sector's Voice | |
22 November 2022, Russell McVeagh - Wellington | |
Achieving a low carbon energy system is complex and requires public and private actors across the sectors to work constructively to ensure the best energy trilemma outcomes for New Zealand. Following the launch of the BCG's "Roadmap for a low carbon energy system", this session provides you with an opportunity to hear from leaders across the energy sector on the pathways to a low carbon energy system that will accelerate decarbonisation while delivering affordable and secure energy for consumers. We invite decision makers to join us for this important strategic panel session on how we might move ahead from here, together.
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WHEN 22 November 2022, 7.30am-9.00am NZDT
WHERE Russell McVeagh, Level 24/157 Lambton Quay, Wellington
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Digital Offshore Wind Workshops | |
29 November & 1 December 2022, Online | |
You are warmly invite you to a two-event webinar series on offshore wind within the New Zealand-Germany Energy Dialogue. Offshore wind has a long history of deployment in Germany and has played a part in paving the way for worldwide use of this renewable resource. Throughout the 20 years since the first German offshore wind park received its permit, many achievements in terms of cost reductions, innovation and policy settings have been made that can be shared to help other countries in reducing emissions. Our digital offshore wind workshops will dive into aspects of targets, policy setting, regulations, lessons learned, innovation, supply chains and the business case for offshore wind from a governmental and industry perspective. Speakers from both Germany and New Zealand will share their insights and discuss how both countries can address the challenges that lie ahead on the way to net zero and cooperate to achieve them. | |
WHEN 29 November & 1 December 2022
WHERE Online | |
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30 November 2022, BusinessNZ | |
Free event brought to you by the Young Energy Professionals Network This is your chance to ask the questions you want answered by those who could be behind the helm - charting the course of New Zealand's future Come and hear the pitch of MPs and candidates as they delve into what they - and their party - would do to improve outcomes in the energy, transport and climate change space if they get the chance to be behind the helm! Not enough young professionals have the chance to engage in dialogue with decision makers and ask them the questions they want answered. This event is your opportunity to ask them what they think, what they believe and value, and how they want to get better results. Register via the link below. | |
WHEN 30 November, 4pm-5.30pm
WHERE BusinessNZ, Level 6 JacksonStone House, 3-11 Hunter Street, Wellington | |
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SEE ALL OF OUR PREVIOUS NEWSLETTERS ON OUR WEBSITE | |
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