Latest news with #BusinessNZEnergyCouncil
Scoop
26-05-2025
- Business
- Scoop
Energy Sector Releases Blueprint For NZ's Energy Strategy
Press Release – BusinessNZ A new paper outlining practical actions to support the Government's energy strategy has been developed by the BusinessNZ Energy Council (BEC), the newly founded Energy Transition Framework, ARUP and leading industry associations including ERANZ, ERA, … New Zealand's energy sector has rallied around a secure and affordable vision for a sustainable energy future, and is calling on Government to adopt its perspective as part of their eventual energy strategy. A new paper outlining practical actions to support the Government's energy strategy has been developed by the BusinessNZ Energy Council (BEC), the newly founded Energy Transition Framework, ARUP and leading industry associations including ERANZ, ERA, ENA, FlexForum, IEGA, and MEUG. The paper provides an overview of the energy sector today, addressing challenges related to security, investment, and infrastructure, and includes a vision statement with strategic priorities and actions for the energy transition. BEC Executive Director Tina Schirr says the vision outlined is one which can support a high-growth, productive economy while delivering better outcomes for all New Zealanders. 'A well-designed and effectively implemented national energy strategy can drive economic growth and productivity. Sustained regulatory uncertainty and sovereign risk have muted investment in new flexible electricity generation, storage, and gas – its an issue that needs urgent attention. 'We're urging Government to develop of a clear plan of action to address long-term gas constraints. Upcoming work on fuel security offers a chance to broaden the scope and build a robust, future-proof energy strategy.' The group also calls for the removal of regulatory barriers to enable consumer-led innovation and ensure all New Zealanders can equitably participate in the energy transition. 'New Zealand is uniquely positioned to lead by harnessing our abundant natural resources, maintaining a consumer-first focus via competitive forces, and enabling innovation across all fuels and technologies.' The paper advocates for transparent, evidence-based progress tracking to ensure accountability and keep the transition on course. 'Our collective vision is clear: We're seeking a modern energy system that delivers for people, business and the planet. We're ready to partner with government to make this vision a reality.'
Scoop
26-05-2025
- Business
- Scoop
Energy Sector Releases Blueprint For NZ's Energy Strategy
New Zealand's energy sector has rallied around a secure and affordable vision for a sustainable energy future, and is calling on Government to adopt its perspective as part of their eventual energy strategy. A new paper outlining practical actions to support the Government's energy strategy has been developed by the BusinessNZ Energy Council (BEC), the newly founded Energy Transition Framework, ARUP and leading industry associations including ERANZ, ERA, ENA, FlexForum, IEGA, and MEUG. The paper provides an overview of the energy sector today, addressing challenges related to security, investment, and infrastructure, and includes a vision statement with strategic priorities and actions for the energy transition. BEC Executive Director Tina Schirr says the vision outlined is one which can support a high-growth, productive economy while delivering better outcomes for all New Zealanders. "A well-designed and effectively implemented national energy strategy can drive economic growth and productivity. Sustained regulatory uncertainty and sovereign risk have muted investment in new flexible electricity generation, storage, and gas - its an issue that needs urgent attention. "We're urging Government to develop of a clear plan of action to address long-term gas constraints. Upcoming work on fuel security offers a chance to broaden the scope and build a robust, future-proof energy strategy." The group also calls for the removal of regulatory barriers to enable consumer-led innovation and ensure all New Zealanders can equitably participate in the energy transition. "New Zealand is uniquely positioned to lead by harnessing our abundant natural resources, maintaining a consumer-first focus via competitive forces, and enabling innovation across all fuels and technologies." The paper advocates for transparent, evidence-based progress tracking to ensure accountability and keep the transition on course. "Our collective vision is clear: We're seeking a modern energy system that delivers for people, business and the planet. We're ready to partner with government to make this vision a reality." Note
Scoop
14-05-2025
- Business
- Scoop
From Carbon Costs To Gas Gaps: NZ Energy Sector Flags Rising Pressures
Press Release – BusinessNZ The 2025 Country Issues Map is out now. The report surveyed energy leaders across the wider energy sector to get a snapshot of what keeps them awake at night, and busy during the day. New information from the World Energy Council shows affordability, carbon pricing, and demand management are the top energy concerns in New Zealand. The 2025 Country Issues Map is out now. The report surveyed energy leaders across the wider energy sector to get a snapshot of what keeps them awake at night, and busy during the day. BusinessNZ Energy Council (BEC) Executive Director Tina Schirr says the map paints a clear picture of the sector's issues that still need to be addressed. 'Affordability being the dominant concern on the 2025 map is no surprise given the strain placed on the electricity sector during last year's dry winter, and the compounding issue of reduced gas availability.' Carbon pricing ranks high on the uncertainty list, reflecting instability in the Emissions Trading Scheme, an oversupply of New Zealand Units, and investor hesitancy. Schirr says gas users will continue to face difficulties accessing viable alternatives. 'However, there is growing acknowledgement that grid-scale storage and demand response measures can help reduce supply risks, especially during dry years. 'How New Zealand manages the energy trilemma – balancing security, sustainability, and equity – has become an increasing area of concern in these reports. Uncertainty over gas reliability is now a key threat to security of supply and affecting affordability across the wider industry.' Schirr says that over the years, a major blind spot for New Zealand remains unchanged – community engagement. 'Engagement and energy literacy continue to rank low for both uncertainty and impact, despite their importance in building lasting public support for energy transitions. 'On the bright side, infrastructure concerns that dominated previous years have eased somewhat, but transmission grids and long-term planning remain high-priority actions. New Zealand also retains its position as a global energy innovator. 'lastly, the report reinforces that our abundant renewable energy resources and strong public-private position on collaboration will serve us well for energy transition to come.'
Scoop
14-05-2025
- Business
- Scoop
From Carbon Costs To Gas Gaps: NZ Energy Sector Flags Rising Pressures
Press Release – BusinessNZ The 2025 Country Issues Map is out now. The report surveyed energy leaders across the wider energy sector to get a snapshot of what keeps them awake at night, and busy during the day. New information from the World Energy Council shows affordability, carbon pricing, and demand management are the top energy concerns in New Zealand. The 2025 Country Issues Map is out now. The report surveyed energy leaders across the wider energy sector to get a snapshot of what keeps them awake at night, and busy during the day. BusinessNZ Energy Council (BEC) Executive Director Tina Schirr says the map paints a clear picture of the sector's issues that still need to be addressed. 'Affordability being the dominant concern on the 2025 map is no surprise given the strain placed on the electricity sector during last year's dry winter, and the compounding issue of reduced gas availability.' Carbon pricing ranks high on the uncertainty list, reflecting instability in the Emissions Trading Scheme, an oversupply of New Zealand Units, and investor hesitancy. Schirr says gas users will continue to face difficulties accessing viable alternatives. 'However, there is growing acknowledgement that grid-scale storage and demand response measures can help reduce supply risks, especially during dry years. 'How New Zealand manages the energy trilemma – balancing security, sustainability, and equity – has become an increasing area of concern in these reports. Uncertainty over gas reliability is now a key threat to security of supply and affecting affordability across the wider industry.' Schirr says that over the years, a major blind spot for New Zealand remains unchanged – community engagement. 'Engagement and energy literacy continue to rank low for both uncertainty and impact, despite their importance in building lasting public support for energy transitions. 'On the bright side, infrastructure concerns that dominated previous years have eased somewhat, but transmission grids and long-term planning remain high-priority actions. New Zealand also retains its position as a global energy innovator. 'lastly, the report reinforces that our abundant renewable energy resources and strong public-private position on collaboration will serve us well for energy transition to come.'
Scoop
14-05-2025
- Business
- Scoop
From Carbon Costs To Gas Gaps: NZ Energy Sector Flags Rising Pressures
New information from the World Energy Council shows affordability, carbon pricing, and demand management are the top energy concerns in New Zealand. The 2025 Country Issues Map is out now. The report surveyed energy leaders across the wider energy sector to get a snapshot of what keeps them awake at night, and busy during the day. BusinessNZ Energy Council (BEC) Executive Director Tina Schirr says the map paints a clear picture of the sector's issues that still need to be addressed. "Affordability being the dominant concern on the 2025 map is no surprise given the strain placed on the electricity sector during last year's dry winter, and the compounding issue of reduced gas availability." Carbon pricing ranks high on the uncertainty list, reflecting instability in the Emissions Trading Scheme, an oversupply of New Zealand Units, and investor hesitancy. Schirr says gas users will continue to face difficulties accessing viable alternatives. "However, there is growing acknowledgement that grid-scale storage and demand response measures can help reduce supply risks, especially during dry years. "How New Zealand manages the energy trilemma - balancing security, sustainability, and equity - has become an increasing area of concern in these reports. Uncertainty over gas reliability is now a key threat to security of supply and affecting affordability across the wider industry." Schirr says that over the years, a major blind spot for New Zealand remains unchanged - community engagement. "Engagement and energy literacy continue to rank low for both uncertainty and impact, despite their importance in building lasting public support for energy transitions. "On the bright side, infrastructure concerns that dominated previous years have eased somewhat, but transmission grids and long-term planning remain high-priority actions. New Zealand also retains its position as a global energy innovator. "lastly, the report reinforces that our abundant renewable energy resources and strong public-private position on collaboration will serve us well for energy transition to come."
