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  • Reports of smelter demise greatly exaggerated

    Date Added: 2 May 2018 from 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.

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  • Energy industry ripe for data science revolution

    Date Added: 26 Apr 2018 from 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.

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  • New energy sector model for New Zealand

    Date Added: 26 Apr 2018 from 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.

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  • BEC NEWSLETTER - April 2018

    Date Added: 12th April 2018 from

    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.

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  • Petroleum ban - wrong tool for right goal

    Date Added: 12 Apr 2018 from BusinessNZ

    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.

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  • BEC NEWSLETTER - March 2018

    Date Added: 1 Mar 2018 from BusinessNZ

    Unlocking greater consumer choice and participation requires efficient price signals that fully internalise and reflect costs. Without this, innovation cannot hope to deliver the outcomes sought, nor can appropriate investment decisions be made, including how to maintain system security. Consumers benefit most where prices reflect costs and the widest possible competition for new energy products and services is encouraged.

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  • Businesses struggle with pace of digital change

    Date Added: 27 Feb 2018 from BusinessNZ

    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.

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  • BEC NEWSLETTER - February 2018

    Date Added: 12 Feb 2018 from BusinessNZ

    Back to business! 2018 will require all of our energy as we are running a schedule full of projects this year. Amongst other things, together with our members, we will be kicking off a new BEC scenario project, hosting a major international conference and shaping New Zealand's energy agenda.

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  • BEC seeks future energy leaders

    Date Added: 8 Feb 2018 from BusinessNZ Energy Council

    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.

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  • NZ future energy leader joins global board

    Date Added: 2 Feb 2018 from BusinessNZ Energy Council

    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.

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  • YEPN looks to move beyond Wellington

    Date Added: 19 Jan 2018 from BusinessNZ Energy Council

    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.

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  • BusinessNZ Energy Council welcomes winter energy payment

    Date Added: 14 Dec 2017 from BusinessNZ

    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.

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  • World energy and the ‘grand transition’

    Date Added: 14 Dec 2017 from BusinessNZ Energy Council

    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?

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  • BusinessNZ Energy Council positive about energy future

    Date Added: 12 Dec 2017 from BusinessNZ Energy Council

    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.

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  • BEC NEWSLETTER - December 2017

    Date Added: 11 Dec 2017 from BusinessNZ

    We are delighted to announce the release of our post-election briefing, setting out key issues that need to be addressed by government and the energy sector. BEC members say they want to participate in active, competitive energy markets that encourage innovation and consumer choice and businesses. But what are the core elements for achieving such positive outcomes while solving the energy trilemma?

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  • BEC NEWSLETTER - November 2017

    Date Added: 11 Dec 2017 from BusinessNZ

    We are pleased to welcome Powerco as a new BusinessNZ Energy Council (BEC) member. Powerco is the second-largest gas and largest electricity distributor in NZ. Its network delivers electricity and natural gas to households around the North Island from the national electricity transmission network Transpower and the natural gas transmission system owned and operated by First Gas. The BEC is looking forward to working together with Powerco.

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  • The 3Ds - three trends impacting the global energy sector at an unprecedented pace:decarbonisation, digitisation, & decentralisation

    Date Added: 5 Dec 2017 from BusinessNZ

    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.

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  • New trends key to NZ retaining top WEC ranking

    Date Added: 16 Nov 2017 from BusinessNZ Energy Council

    A balanced approach to digitalisation, decentralisation and decarbonisation will help New Zealand’s energy sector retain its top-10 ranking in a global performance index into the future, the BusinessNZ Energy Council says.

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  • NZ ranked in top 10 in global energy comparison

    Date Added: 16 Nov 2017 from BusinessNZ

    Ranking ninth in the World Energy Council’s Energy Trilemma Index, New Zealand is the only non-European country in a top ten led by Denmark and including Germany and the UK. According to BusinessNZ Energy Council Chair, David Caygill, this high ranking demonstrates "a consistent approach to the pursuit of balanced energy polices” making New Zealand “well-placed to keep up the pace”.

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  • BEC NEWSLETTER - October 2017

    Date Added: 11 Oct 2017 from BusinessNZ

    We are delighted to bring you the October edition of the World Energy Focus, this month including New Zealand's shift in its Energy Trilemma balance. Moving away from its traditional focus on energy security of supply, which remains important, New Zealand's key challenge is how to reduce energy sector-wide carbon emissions. BEC2050 Scenarios' work explains how the Kayak and Waka scenarios applied to transport could help define policies to achieve such targets in an uncertain political context following the national election.

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