New Zealand is a world leader in renewable electricity – currently 4th in the OECD for renewable penetration, with 80% of our electricity coming from hydro, geothermal, wind, and biomass.

The ‘energy trilemma’, the balancing of affordability, security and environmental sustainability outcomes, has been successfully embedded into the New Zealand energy conversation since we raised it in our 2014 Energy Briefing. It serves as a useful lens through which to view the effectiveness of past policies and a way to think about new challenges and opportunities. The energy sector is being transformed at an unprecedented pace by three reinforcing trends affecting the supply and demand of energy – decarbonisation, digitalisation and decentralisation - opportunities that allow policy makers and investors to address the energy trilemma.

The World Energy Council is in a truly unique position to provide impartial and objective data sets about energy to inform the debate and support sustainable business decisions and policymaking. Explore the Council’s unique facts and figures about all aspects of energy and make the most of graphics and charts using our interactive map.

The BusinessNZ Energy Council is pleased to have the opportunity to provide a submission to the Ministry of Business, Innovation and Employment on its consultation paper entitled ‘Electricity Pricing Review proposed terms of reference.

On 16-17 March in Wellington, New Zealand, the World Energy Council and the BusinessNZ Energy Council hosted the inaugural Asia-Pacific Energy Leaders' Summit, which was opened by the Hon John Key, Prime Minister of New Zealand. Under the theme of resilience, the event brought together 200 business practitioners, energy experts and policy-makers from around the world, to better understand the growing resiliency risks and challenges presented by: climate change, emerging technologies, extreme weather events, cyber security, and the energy water-food nexus.

BusinessNZ Energy Council’s overview of the energy sector for the new government, with recommendations for ongoing improvement and how to leverage New Zealand’s domestic success internationally.