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New Zealand Power Report Q2 2016

New Zealand Power Report Q2 2016

BMI View: New Zealand has a well developed domestic energy sector, home to a number of innovative andwell-capitalised energy firms. Hydropower leads the energy mix, accounting for over half of domesticcapacity and generation, alongside natural-gas fired thermal power plants and a growing non-hydropowerrenewables sector. The country is phasing out thermal power as it works towards a 90% renewable energy(hydropower and non-hydropower renewables) target by 2025. As such there is some concern relating toenergy security if New Zealand fails to install sufficient new capacity before old thermal power plants aretaken offline.Latest Updates And Structural Trends

New Zealand continues to focus upon the development of renewable energy. Leading domestic powerfirm Might River Power recently acquired What Power Crisis - which installs residential andcommercial solar photovoltaic systems. Construction firm Jennian Homes also announced in early 2016that all new homes would be pre-wired to cater for solar power, solar batteries and electric car chargers.

Although new hydropower capacity is not under development, existing plants are being refurbished toimprove output. Might River Power has awarded a contract to Andritz to work on the 78MW Aratiatiaplant - Andritz will design and install three generators at the plant. Work is expected to be completed in2018.

We are broadly maintaining our current forecasts for slow growth in New Zealand's power sector, withtotal generation expected to grow by an annual average of less than 1% between 2016 and 2025. As suchconcerns over energy security risk will linger and we may see more projects entering the pipeline andboosting growth prospects as the sector moves to offset the loss of thermal power capacity.


BMI Industry View
Table: Headline Power Forecasts (New Zealand 2015-2021)
SWOT
Industry Forecast
New Zealand Snapshot
Table: Country Snapshot: Economic and Demographic Data (New Zealand 2014-2019)
Table: Country Snapshot: Economic and Demographic Data (New Zealand 2020-2025)
Table: New Zealand Snapshot: Power Sector
New Zealand Power Forecast Scenario
Thermal Generation And Capacity Forecast
Hydropower Generation And Capacity Forecast
Renewables Generation And Capacity Forecast
Electricity Generation And Power Generating Capacity
Table: Total Electricity Generation Data And Forecasts (New Zealand 2014-2019)
Table: Total Electricity Generation Data And Forecasts (New Zealand 2020-2025)
Table: Electricity Generating Capacity Data And Forecasts (New Zealand 2014-2019)
Table: Electricity Generating Capacity Data And Forecasts (New Zealand 2020-2025)
Electricity Consumption
Table: Total Electricity Consumption Data And Forecasts (New Zealand 2014-2019)
Table: Total Electricity Consumption Data And Forecasts (New Zealand 2020-2025)
Transmission And Distribution
Table: Electric Power T&D Losses Data And Forecasts (New Zealand 2014-2019)
Table: Electric Power T&D Losses Data And Forecasts (New Zealand 2020-2025)
Industry Risk Reward Index
Asia Power Risk/Reward Index
Table: Asia Power Risk/Reward Index (Scores Out Of 100)
New Zealand Power Risk/Reward Index
Market Overview
Key Policies And Market Structure
Regulation And Competition
Sustainable Energy Policies
New Zealand Power Projects Database
Table: New Zealand - Top 10 Projects By Capacity
Competitive Landscape
Regional Overview
Asia Power Regional Overview
Table: China Power Snapshot
Glossary
Table: Glossary Of Terms
Methodology
Methodology And Sources
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Power Risk/Reward Index Indicators
Table: Weighting Of Indicators

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