Balancing the energy trilemma: where NZ ranks

Balancing the energy trilemma: where NZ ranks
NZ's fall in oil security has dragged the country down in energy trilemma rankings. (Image: Deposit Photos)
Ian Llewellyn
New Zealand has retained its high place in a global energy ranking despite a decline in energy security and affordability.The World Energy Council’s Energy Trilemma Index ranks countries on how well they achieve the energy ‘trilemma’.This measures how a country balances energy security, equity/affordability, and sustainability – the energy trilemma.It is the energy sector equivalent of the builders’ conundrum. That is you can have something built quickly, cheap or well, but can only have two of those things.This ye...

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