The latest Regional, National and International News and Media from BEC
20 Jun 2018 | BusinessNZ
The 2018 World Energy Council’s Issue Maps show that decarbonisation, decentralisation and digitalisation are now defining trends, with digitalisation one of the biggest movers over the last five years. Change is happening, and fast.
24 May 2018 | BusinessNZ
The fifth Annual Energy Issues map for New Zealand (below) shows an energy sector grappling with the risks and opportunities of digitalisation, decarbonisation and decentralisation (the ‘3Ds’).
21 May 2018 | BusinessNZ
A 2018 World Energy Issues Monitor highlights shifting priorities in the energy sector with an accelerating transition towards digitailisation, decentralisation and decarbonisation.
12 May 2018 | BusinessNZ
The Minister of Energy and Resources recently appointed an expert panel of advisors who will provide peer and technical advice to the electricity price review. The review terms of reference is here. BEC believes competitive energy markets are the best means to deliver secure and reliable energy supplies at efficient prices, and that competition works best when barriers to market entry and exit are minimised.
2 May 2018 | BusinessNZ
The BusinessNZ Energy Council welcomes the reopening of a potline at NZ Aluminium Smelters at Tiwai Point.
The Line 4 quarter potline at Tiwai Point was closed in 2012 as production there became unprofitable due to low global aluminium prices and high electricity spot prices.
Now the potline is to be reinstated as a result of a longer-term fixed-term power agreement with Meridian Energy.
BusinessNZ Energy Council Chair David Caygill said the agreement indicated the strength and competitiveness of the energy market in New Zealand.
26 Apr 2018 | BusinessNZ
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.
19 Apr 2018 | BusinessNZ
What are the big issues keeping our energy leaders awake at night and busy by day? The 2018 World Energy Council’s Issue Maps show how decarbonisation, decentralisation and digitalisation are now defining trends. Digitalisation is one of the biggest movers in the issues monitor findings over the last...
12 Apr 2018 | BusinessNZ
The principle of supplier and technology neutrality is paramount as we consider regulatory changes. Energy systems are complex and interconnected. Government intervention to alter competitive market signals should be undertaken with caution. Policies that allow or force non-competitive outcomes (such as delivering a particular type of generation, technology, resource availability or fuel-type use) will shift investment patterns to the country’s overall detriment.
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.