The BusinessNZ Energy Council has welcomed MBIE’s review of the New Zealand electricity sector. BEC Chair David Caygill says the review broadly shows that the sector is a reliable producer of competitively delivered electricity with the ability to meet increased demand in the future.

Today energy supply is expected to be renewable, affordable and reliable. How do we meet these challenges? What is the future of energy in a low carbon world? We will still need large scale storage, we still need to be able to manufacture chemicals, we still need to be able to economically run heavy transport. Is Power-to-X key to the development of the next energy market generation? Andrew Clennett, the Founder and CEO of Hiringa Energy, shared with us his insights at our BEC lunchtime seminar.

Come and hear Andrew Clennett, the Founder and CEO of Hiringa Energy, New Zealand's new kind of energy company developing hydrogen supply infrastructure, speaking about the journey to zero emissions.

Come and hear Andrew Clennett, the Founder and CEO of Hiringa Energy, New Zealand's new kind of energy company developing hydrogen supply infrastructure, speaking about the journey to zero emissions.

A hydrogen ecosystem could harness the skills of both the country's petroleum and renewable energy sectors, Hiringa Energy chief executive Andrew Clennett says. Clennett says the country's integrated economy - with interconnected gas and power networks and abundant natural resources - combined with a culture of innovation means New Zealand is well-placed to commercialise hydrogen. "We're a wonderful microcosm of an OECD country. We've got all the bits and they're all connected. We've got the gas networks, we've got the power networks, we've got the renewable energy sources."

Technology, the extent of government intervention and society's relationship with energy are some of the critical potential sector uncertainties out to 2060, energy leaders say. Those issues were among a wide range of uncertainties raised by about 60 people who attended a BusinessNZ Energy Council 2060 workshop held in Wellington yesterday. Attendees included major energy users, those from the hydrocarbon sector, power generators and retailers, government officials and academics. They were asked to consider the BEC 2050 scenarios and a Whiteboard Energy case study on the changing role of Government involvement in the New Zealand power sector over the past century.

The key disruptive trends facing the energy industry - digitalisation, decentralisation and decarbonisation - lead the agenda at this year's Asia Pacific Energy Leaders summit.
The event will bring together representatives from governments from across the region as well as executives from leading energy and technology organisations including the Edison Electric Institute and Amazon.