Wind generation rising as solar power begins to shine

Wind generation rising as solar power begins to shine
Wind generation is rising to new highs. (Image: NZME)
Ian Llewellyn
The growing influence of wind and solar generation is shown in the latest statistics.The renewable share of electricity generation was 90.3% for the October to December 2023 quarter, according to the Ministry of Business, Innovation and Employment’s (MBIE) energy quarterly statistics.“Electricity generation from wind reached a record high of 977-gigawatt hours (GWh) for the quarter and represents an increase of 32.9% compared to the same period last year,” Mike Hayward, manager in MBIE’s digital, data and insig...

More Energy

TAG Oil sells more NZ assets
Energy

TAG Oil sells more NZ assets

TAG stopped operating in NZ in 2019.

John Anthony 24 Apr 2025
Energy uncertainty and costs banding businesses together
Energy

Energy uncertainty and costs banding businesses together

There is new interest in power purchase agreements.

Ian Llewellyn 24 Apr 2025
Transpower cautious over hydro lake level rule changes
Markets

Transpower cautious over hydro lake level rule changes

Transpower can authorise hydro lakes to dip further.

Ian Llewellyn 23 Apr 2025
Lodestone Energy raises another $50 million
News in Brief

Lodestone Energy raises another $50 million

Unlisted Lodestone Energy says it has raised another $50 million from existing shareholders and new investors to fund more solar farms.This would add to the $50 million development fund it raised in 2024, the company said.“These funds will enable Lodestone to maintain their momen...

Staff reporters 23 Apr 2025