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| Updated National Fuel Plan | Last week the Government released updates to the National Fuel Plan to respond to fuel supply uncertainty. They have provided clarity over what could trigger shifts between the four phases of the plan, (watchful, precautionary, managed and protected). We currently remain in phase 1, watchful. Alongside this the Government has announced indicative priority bands for consumers for the allocation of fuel. These bands are broken down between life-supporting services, economically important services, essential services, other commercial customers and general retail sales to consumers. Find more information here... | | | |
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NZ First, through Winston Peters' State of the Nation speech, have announced campaign policies for the energy sector. The flagship policy is the proposal to break up the gentailers into their generation and retail arms as NZ First remains concerned that they control both the power and the price. Further announcements include questioning marginal pricing, long-term fixed-price contracts for new-build generation, and the ability for consumers to sell electricity they generate back to the grid at the same price they pay for it. Read the full speech here... | | | |
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Energy Resources Aotearoa and the Electricity Engineers' Association have worked together to release a report on the future workforce needs of the sector. The report provides a deeper dive into each of the subsectors within energy, to highlight the specific challenges and opportunities faced by different dynamics. Some of the key findings include: regulatory and policy volatility undermines workforce investment, the central challenge is speed to competence, constraints in essential functions are increasing, and we aren't doing enough to keep our best people. | | | |
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2026 Gas Supply & Demand Study | PwC has released the 2026 Gas Supply & Demand Study commissioned by Gas Industry Co. This report explores how New Zealand's gas market may respond to declining indigenous supply, major demand shifts, and the introduction of LNG. They present two future scenarios, indigenous gas only or indigenous gas + LNG. Under both scenarios it is projected that demand reduction will be necessary as supply diminishes. However, under the LNG scenario this demand reduction is much lower as LNG helps to stabilise total gas supply. Their modelling also shows that the LNG scenario may deliver cheaper gas than under indigenous gas only. Read the full report here... | | | |
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Restrictions to Global Energy Supply | March has thrown global energy supply chains into a new reality of heightened geopolitical risk and uncertainty. Conflict in Iran is putting significant pressure on oil, LPG and LNG markets, particularly in the Asia Pacific. The IEA in their March Oil Market Report have stated that we are facing the largest supply disruption in the history of the global oil market. While confidence in New Zealand remains to meet short term supply needs, prices are climbing and many Kiwis are already feeling increased cost pressures. In response the Government has announced support for low-to-middle-income working families in the form of $50 a week tax credit. Additional moves to match New Zealand's engine fuel specs to Australia should give importers more options for sourcing supply. | | | |
World Energy Issues Monitor 2026 | The World Energy Council has released the 2026 global results of their annual Issues Monitor survey. This was undertaken between 24 November 2025 and 12 January 2026 with thousands of respondents across 110 countries. This year's results capture a moment where momentum and strain coexist. The global system is expanding even as it transforms, increasingly shaped by geopolitical and environmental priorities rather than purely economic forces. Peace and stability topped the global list of uncertainties even prior to recent developments across the Middle East and Gulf States. Additionally, across the globe grids, permitting, supply chains and workforce capacity are all emerging as decisive constraints. Find the report here... | | | |
Eurostat has released the 2026 edition of Energy in Europe. Using 2024 data, while not reflecting recent market shocks, the report shows long-term trends such as the rising share of renewables across the EU. In 2024 the EU produced 43% of its own energy while importing 57%. Of that energy the top five energy sources were petroleum products (38%), natural gas (21%), renewable energy (20%), nuclear energy (12%) and solid fuels (10%). The largest energy consumer for 2024 was transport activities (31%) followed by private households (27%). Read the full report here... | | | |
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BEC is currently working on the following submissions: Through March we saw a reduction in focus on consultations. The Electricity Authority consulted on non-discrimination obligations: RPCA, uncommitted capacity and other matters and electricity information exchange protocol 14A - retailer product information. Transpower is finishing off with their Te Kanapu stage 3 consultation at the end of March. Overall, we are supportive of the changes made between stage 2 and 3 and only recommended minor adjustments. View BEC submissions here... | |
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How many public EV chargers do we need for road trips? | New modelling from Electricity Networks Aotearoa and lines companies shows Aotearoa will need around 609 additional 50kW public journey chargers by 2030. many key routes are already well served - but the work highlights where more chargers are needed to support road trips across the country. It also included indicative connection costs and priority locations for investment. Read more here... | | | |
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Charging ahead: 2,500+ EV chargers on the way | The number of electric vehicle chargers around New Zealand will more than double thanks to $52.7 million in zero-interest loans from the Government and co-investment from ChargeNet and Meridian. Minister Simon Watts stated that "the private sector is reluctant to invest in charging infrastructure until there's sufficient demand, but demand won't grow until the lack of public chargers stops putting buyers off." The Government is now taking action to break the deadlock. This coincides with increased interest and registration of EVs in New Zealand following increasing fuel prices. Read more here... | | | |
Datagrid Data Center Park | Datagrid has announced full resource consent approval for a 280 MW data centre in Southland. This location was chosen based on access to green power, naturally cool climate, domestic and international fibre access and political stability. When operational the site will be New Zealand's second biggest user of electricity after the Tiwai Point aluminium smelter. Find more here... | | | |
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In March we are amplifying the latest insights from across the sector and introducing a brand-new stream dedicated to leveraging technology across the energy value chain. Key topics for 2026 include: Leveraging data and AI tech, exploring the opportunities offered by demand flex, updates on the generation fleet and emerging biofuel options, reviewing the scope and benefits of industry collaboration, assessing the impacts of constrained indigenous gas supply, evaluating power procurement strategies and options, government and opposition energy priorities. | |
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