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Germany’s renewable push delivers innovation

Germany’s renewable push delivers innovation

The Energiewende is seen as a longer-term “investment” which comes with significant costs. The German government has spent about €500 billion on electricity subsidies to date. But it expects it will have beneficial outcomes out to 2030 in terms of economic development, as well as by creating a decarbonised energy system. Germany’s “integrated” policy seeks to lower emissions across the country’s electricity, industrial and transport sectors. It also seeks to increase energy security by reducing the country’s coal, gas, petroleum and uranium imports.

Germany’s renewable push delivers innovation

BEC NEWSLETTER – June 2017

We are pleased to welcome Vector as a new BusinessNZ Energy Council (BEC) Member. Vector is an electricity and gas distribution company based in Auckland. Vector also owns a fibre optic cable network and recently installed a network of 15 electric vehicle chargers across Auckland. The BEC is looking forward to workingi with Vector.

Germany’s renewable push delivers innovation

BEC NEWSLETTER – May 2017

The recently released World Energy Issues Monitor 2017 shows NZ’s energy sector is not immune to growing global and domestic energy system uncertainty. It’s keeping our energy executives awake at night. Uncertainty now extends to issues which in previous years have traditionally been those that energy executives simply got on with – renewable energies and energy efficiency.

WEF May 2017

WEF May 2017

Monthly Insights from the Council’s Global Leadership Community.

Germany’s renewable push delivers innovation

Overseas projects may have role in NZ carbon target

New Zealand’s renewable electricity experts may be able to earn carbon offset overseas once multi-lateral trading systems are set up.Kay Harrison, the Ministry for the Environment’s lead carbon markets negotiator, says New Zealand’s industry expertise is an opportunity to participate in large-scale projects that increase other countries’ renewable capacity.