Geothermal, Wind and Other Electricity Generation in New Zealand - Industry Market Research Report
Description
Geothermal, Wind and Other Electricity Generation in New Zealand
Operators in the Geothermal, Wind and Other Electricity Generation industry have faced volatile trading conditions over the past five years. Wholesale electricity prices have surged over the past five years, as disruptions to hydro-electricity and natural gas power stations have caused supply issues. In particular, substantial rises in the electricity wholesale price over the two years through 2018-19 and in 2020-21 significantly increased industry revenue. This significant price growth has also contributed to greater profitability across the industry. The COVID-19 pandemic has had a limited effect on the industry, with the rising electricity wholesale price offsetting short-term demand declines in 2020-21. Overall, industry revenue is expected to increase at an annualised 16.6% over the five years through 2022-23, to $2.3 billion. This trend includes an anticipated rise of 13.2% in the current year, primarily driven by strong wholesale electricity prices and increasing net energy consumption.
Industry operators generate electricity using geothermal power plants, solar farms, biomass plants and wind farms. This electricity is sold on the wholesale spot market and transported through transmission lines to network substations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Operators in the Geothermal, Wind and Other Electricity Generation industry have faced volatile trading conditions over the past five years. Wholesale electricity prices have surged over the past five years, as disruptions to hydro-electricity and natural gas power stations have caused supply issues. In particular, substantial rises in the electricity wholesale price over the two years through 2018-19 and in 2020-21 significantly increased industry revenue. This significant price growth has also contributed to greater profitability across the industry. The COVID-19 pandemic has had a limited effect on the industry, with the rising electricity wholesale price offsetting short-term demand declines in 2020-21. Overall, industry revenue is expected to increase at an annualised 16.6% over the five years through 2022-23, to $2.3 billion. This trend includes an anticipated rise of 13.2% in the current year, primarily driven by strong wholesale electricity prices and increasing net energy consumption.
Industry operators generate electricity using geothermal power plants, solar farms, biomass plants and wind farms. This electricity is sold on the wholesale spot market and transported through transmission lines to network substations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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