Energy efficiency key action to meet renewable energy goals
Nationwide uptake of energy efficient technology, such as LED lighting and heat pumps, could significantly reduce the cost of meeting New Zealand’s ambitious renewable electricity goals, according to new modelling.
The Energy Efficiency and Conservation Authority (EECA) has investigated the role energy efficiency can play in supporting the government’s ambition towards 100% renewable electricity by 2035.
This ‘Energy Efficiency First: The Electricity Story’ modelling supports work led by the Interim Climate Change Commission (ICCC) on that scenario.
EECA’s modelling finds widespread uptake of energy efficient technology in factories, businesses and homes would mean a lot less new renewable generation would need to be built, to supply New Zealand with very high levels of renewable electricity. This would require less capital investment and reduce national electricity costs.