The energy sector is taking the lead in developing a model for its own future. The BusinessNZ Energy Council (BEC) and public and private partners have commissioned a comprehensive model of New Zealand’s entire energy sector. BEC Chair David Caygill says the energy sector is critically important to New Zealand, and decisions for the future should be based on the best available information and analysis.

Banning new oil and gas exploration is a crude and unnecessary way to achieve emissions reduction goals and blights New Zealand’s entire energy sector, says the BusinessNZ Energy Council.

Howell, former Goldman Sachs investment banker, says that rate of change is faster than incumbent businesses can react. Over time, the space between technology change and business change creates an “opportunity gap” for new models to exploit.

The country's future energy leaders are being sought by the BusinessNZ Energy Council. There are 100 Future Energy Leaders worldwide chosen by the World Energy Council and the BEC is seeking nominations from New Zealand professionals by 5pm Monday. Bennet Tucker, recently appointed FEL-100 board secretary, says becoming a future energy leader provides exposure to global energy professionals and issues and ideas with international resonance.

The BusinessNZ Energy Council (BEC) is delighted with the appointment of Bennet Tucker from Transpower, a member of the New Zealand Young Energy Professionals Network, to the WEC board for global future energy leaders, the FEL-100.

The Young Energy Professionals Network aims to have an autonomous chapter in Auckland by September as it looks to grow its membership in 2018. The group has about 120 members. Most of these are based in Wellington but YEPN co-chair and Powerco gas asset strategy manager Nicolas Vessiot says the group wants to reach those outside of the capital city.

The ‘3Ds’ – the global energy sector is being transformed by three trends that are impacting demand and supply at an unprecedented pace: decarbonisation, digitisation and decentralisation. The energy system is in transition. New technologies and systems are set to revolutionise the way we produce and consume energy. These new technologies will lead to unprecedented levels of efficiency and require new ways of thinking. What are the key elements to achieve this transformation? What new skills are required across the energy sector to support the change?

The BusinessNZ Energy Council (BEC) welcomes the announcement of a winter energy payment, which will help those Kiwis who find it difficult to pay their electricity bills.

The BusinessNZ Energy Council (BEC) has released its post-election briefing setting out the conditions required to unlock a positive energy future for New Zealand. BEC Chair David Caygill says New Zealand’s energy systems have provided a sound foundation so far, but the new challenges we face will require new and innovative responses from regulators, energy businesses and consumers.

The rapidly emerging trends of decarbonisation, digitisation and decentralisation require fundamental changes in regulatory approaches and prompts a rethink of who can participate in the energy market. But at the moment, the global energy sector is uncertain whether regulations can keep pace with the changes.