Latest news with #WorldEnergyCouncil
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."
Scoop
28-04-2025
- Business
- Scoop
NZ Energy Professional Selected For World Energy Council Delegation
Press Release – BusinessNZ The Future Energy Leaders Programme is a global network of young energy professionals who contribute to national, regional, and international activities aimed at solving the worlds most pressing energy and sustainability challenges. New Zealand energy professional Esther Tomkinson has been selected to join the World Energy Council's Future Energy Leaders Programme. Esther Tomkinson is a Sustainability and Strategy Analyst at Mercury Energy and Co-Chair of the Young Energy Professionals Network of the BusinessNZ Energy Council. The Future Energy Leaders Programme is a global network of young energy professionals who contribute to national, regional, and international activities aimed at solving the world's most pressing energy and sustainability challenges. Tina Schirr Executive Director of the BusinessNZ Energy Council said, 'We are incredibly proud of Esther Tomkinson's selection for the Future Energy Leaders Programme. Her dedication to sustainability and the local Future Energy Leaders Programme – YEPN – will be extremely valuable to the global and New Zealand energy community. This recognition also highlights the exceptional talent we have in New Zealand's energy sector.' The first opportunity to convene with future energy leaders from across the globe will be at the World Energy Week in Panama from 6-9 October 2025, followed by the World Energy Congress in Saudi Arabia from 26-29 October 2026. Schirr says, 'This year, 25 young energy professionals from 21 countries will join the Future Energy Leaders Programme, including Esther Tomkinson, the only New Zealand delegate. 'At the same time, we farewell two outstanding Kiwis from the Future Energy Leaders Programme, Emily Hilton, the HSEQ Manager at Hiringa Energy, and Mark Todoroff, Business Development Director at Yes Energy.'
Scoop
27-04-2025
- Business
- Scoop
NZ Energy Professional Selected For World Energy Council Delegation
New Zealand energy professional Esther Tomkinson has been selected to join the World Energy Council's Future Energy Leaders Programme. Esther Tomkinson is a Sustainability and Strategy Analyst at Mercury Energy and Co-Chair of the Young Energy Professionals Network of the BusinessNZ Energy Council. The Future Energy Leaders Programme is a global network of young energy professionals who contribute to national, regional, and international activities aimed at solving the world's most pressing energy and sustainability challenges. Tina Schirr Executive Director of the BusinessNZ Energy Council said, "We are incredibly proud of Esther Tomkinson's selection for the Future Energy Leaders Programme. Her dedication to sustainability and the local Future Energy Leaders Programme - YEPN - will be extremely valuable to the global and New Zealand energy community. This recognition also highlights the exceptional talent we have in New Zealand's energy sector." The first opportunity to convene with future energy leaders from across the globe will be at the World Energy Week in Panama from 6-9 October 2025, followed by the World Energy Congress in Saudi Arabia from 26-29 October 2026. Schirr says, "This year, 25 young energy professionals from 21 countries will join the Future Energy Leaders Programme, including Esther Tomkinson, the only New Zealand delegate. "At the same time, we farewell two outstanding Kiwis from the Future Energy Leaders Programme, Emily Hilton, the HSEQ Manager at Hiringa Energy, and Mark Todoroff, Business Development Director at Yes Energy."
