NZ on path to electrification but there are bumps in the road

NZ on path to electrification but there are bumps in the road
The rising costs of building new generation such as windfarms is one of the hurdles to electrification. (Image: DepositPhotos)
Ian Llewellyn
New Zealand is on track to build sufficient electricity generation to meet a 2050 net zero emissions target, says Transpower.However, there are still problems to overcome including managing peak demand and the rising cost of building new generation.The national grid operator said the pipeline of new generation continues to grow. It also notes that while overall electricity demand has continued to fall, there are signs that the push to electrification will start to increase demand in a few years.Future scenariosTranspower has updated its 2020 Wh...

More Energy

Market underwhelmed by Genesis outlook
Markets

Market underwhelmed by Genesis outlook

The company says it’s still on track for $500m+ ebitda in FY28.

Pattrick Smellie 26 Aug 2025
Vector takes $37 million impairment
News in Brief

Vector takes $37 million impairment

NZX-listed energy distributor Vector took a $37 million impairment in its latest result to reflect fewer gas connections and “significant market uncertainty” over future gas supply.The impairment reflected forecasts in the company’s gas asset management plan that showed total con...

Staff reporters 25 Aug 2025
Pacific Channel launches $50m renewable energy fund
Energy

Pacific Channel launches $50m renewable energy fund

Pacific Channel’s Fund V aims to make seven renewable energy projects shovel-ready.

Greg Hurrell 25 Aug 2025
Ballance Agri-Nutrients takes $88m hit on Taranaki plant
Primary Sector

Ballance Agri-Nutrients takes $88m hit on Taranaki plant

A big spring is expected, backed by confidence in stronger farmer spending.

Riley Kennedy 22 Aug 2025