BEC and EECA are delighted to share our updated energy scenarios - TIMES-NZ 2.0. This bottom-up tool helps policy makers, investors and consumers think about the choices and trade-offs between available technologies to produce a least-cost energy system.

The Commission's final report spells out a plan for a "cleaner future" - including phasing out coal boilers by 2037. Fully de-carbonising the country's energy and industrial sectors will not be an easy feat. BusinessNZ Energy Council yesterday said the country could not simply stop using fossil fuels and that they would still be needed in some areas, and council executive director Tina Schirr told Morning Report energy diversity was important.

The BEC, EECA and PSI, have launched the New Zealand Energy Scenarios TIMES-NZ 2.0 to help leaders in government, businesses and academia make better informed decisions in a world where uncertainty is growing.

The Commerce Commission is seeking views on emerging issues for electricity and gas networks. Significant change is anticipated, particularly in relation to decarbonization. Current regulation seeks to support the energy transition and encourage innovative approaches, while still providing regulatory certainty and predictability. Feedback on their letter is welcomed by May 28.

Thanks to all those who contributed to our submission to the Climate Change Commission on its draft advice to Government.

The twelfth annual World Energy Council (WEC) Issues Monitor for New Zealand shows climate change, renewable energy and energy efficiency are hot issues for energy executives.

Work is underway at BusinessNZ to coordinate a pan-industry response to the climate change commission's draft advice.

BusinessNZ Energy Council in conjunction with Meridian Energy is delighted to invite you to attend our annual breakfast with the Minister of Energy and Resources, Hon Dr Megan Woods.

We are committed to paving the way toward more low-emission technologies and the infrastructure needed for a 21st century New Zealand. I want every energy investment decision to consider how more energy efficient, cleaner technology can be deployed to move us closer to a low-emissions economy.

This year will be defined by the development of climate change action frameworks. In setting emissions budgets out to 2035 the Climate Change Commission's draft advice signals a clear pathway the country will need to take over the next 15 years.