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New Zealand Renewables Report Q2 2016

New Zealand Renewables Report Q2 2016

BMI View: As capacity and generation growth of New Zealand's non-hydroelectric renewable sector isforecast to remain subdued in 2016, with rates of 0.11% and 1.87% respectively, new impetus is onlyexpected to come from the retirement of thermal power plants by 2018. Stronger growth in the sector isfurther undermined by a decreasing energy demand and the lack of a governmental subsidy schemesupporting renewable installations to meet the countries energy and emission targets.

Latest Updates And Structural Trends

In November 2015, the New Zealand Ministry for the Environment initiated a review of the country'semissions trading scheme (ETS), to assess the state of the programme and devise its future developments.

The issue of including the agriculture sector in the ETS scheme was left out of the consultationdocument, a decision that caused controversy with the opposition parties due to the fact agriculture isreportedly responsible for half of New Zealand's carbon emissions.

In November 2015, Transpower, New Zealand's grid operator, said there would be an energy securityrisk following the retirement of the last 500MW of coal-fired capacity at the Huntly power station, unlessnew power capacity is built before 2019. This means investment in renewables power plants could berequired in New Zealand over the coming years as the country's power sector faces the prospect ofinsufficient supply in 2019 during periods of peak demand.


BMI Industry View
Table: New Zealand
Headline Renewables Forecasts
SWOT
Industry Forecast
New Zealand Renewables Forecast Scenario
Latest Updates
Structural Trends
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)
New Zealand Renewables Projects Database
Table: New Zealand
Top 9 NonHydropower Renewable Projects by Size (MW)
Industry Risk/Reward Index
New Zealand Renewables Risk/Reward Index
Market Overview
Sustainable Energy Policy And Infrastructure
Targets
Subsidies
Infrastructure
Competitive Landscape
Mighty River Power
Contact Energy
Genesis Energy
Meridian Energy
Trustpower
Glossary
Table: Glossary Of Terms
Methodology
Methodology And Sources
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Renewables Risk/Reward Index Indicators
Table: Weighting Indicators

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