We could hit 98% renewable electricity, but it will cost

The future is bright, says a Boston Consulting Group report. (Image: NZME)

Tue, 25 Oct 2022

New Zealand could reach 98% renewable electricity generation by 2030, enabling rapid electrification of the rest of the economy, Boston Consulting Group says.However, it will come at a cost of $42 billion over the next eight years.The more than 200-page report, The Future is Electric, looks at several pathways and scenarios and all point to far faster electrification of transport and heating, as well as electricity generation, than forecast by the Climate Change Commission.The modelling shows that it makes economic sense for NZ to reach 98% ren...

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