Electricity industry regulatory framework
The electricity industry is covered by generic legislation as well as acts and regulations specific to the sector.
The electricity industry is covered by generic legislation as well as acts and regulations specific to the sector.
We undertook a consultation over May and June 2023 on a set of draft assumptions about the future state of the electricity system. These assumptions will be used to produce our regular Electricity Demand and Generation Scenarios (EDGS) publication.
The electricity industry in New Zealand has 4 main components – generation, transmission, distribution and retail.
The Government consulted on a proposal to increase the use of sustainable liquid biofuels in New Zealand to reduce greenhouse gas (GHG) emissions from transport. The discussion document, produced by the Ministry of Business, Innovation and Employment and the Ministry of Transport, outlined a proposal to put in place a sustainable biofuels obligation.
The NZ Battery Project was set up in 2020 to explore possible renewable energy storage solutions for when our hydro lakes run low for long periods. A pumped hydro scheme at Lake Onslow was one of the options being explored. The Government stopped the Lake Onslow investigations in late 2023. MBIE is continuing work on the question of security of supply during extended periods of low hydro inflows as part of its wider electricity system work programme. The following documents were produced as part of the NZ Battery Project.
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