new zealand wind energy conference 8 april 2008 hon. david parker minister of energy
TRANSCRIPT
New Zealand Wind Energy Conference
8 April 2008
Hon. David Parker
Minister of Energy
NZ Energy Strategy: Our vision
A reliable and resilient system delivering
New Zealand sustainable,
low-emissions energy
Renewable electricity target
90 per cent of electricity from
renewable sources by 2025
Renewables future makes economic sense
New Build Generation Costs
Forecast electricity generation
Forecast electricity generation
0
10000
20000
30000
40000
50000
60000
2005 2010 2015 2020 2025 2030
GWh
Thermal
Renewable Source: Ministry of Economic Development
Electricity emissions reduction opportunities
Role of fossil fuel generation
• Fossil fuel generation – particularly gas – has a role to play
But:• Electricity Act changes
will limit new fossil fuel baseload generation for next 10 years
Integration of wind power
• EC tactical project – to cope with immediate changes
• EC Wind Generation Investigation Project – further integration over next five to ten years
Key actions for renewables
• National policy statements on -
renewable electricity generation
electricity transmission
- to provide guidance for councils
• Call-in powers available
Concluding comments
Questions…