Energy in New Zealand 2019 released
The amount of electricity generated from non-renewable sources fell last year despite a rise in coal-fired generation to cope with a constrained gas supply according to the Ministry of Business, Innovation and Employment’s latest annual energy report.
Energy in New Zealand 2019 is MBIE’s annual round-up of the energy sector, highlighting key trends in energy supply, transformation, demand and price for the 2018 calendar year.
“2018 was a significant year for the energy sector with a major shift in policy direction for the oil and gas industry and reduced production from the country’s largest gas field the most notable events,” says Daniel Griffiths, MBIE Manager of Markets, Evidence and Insights.
“Electricity generation from non-renewable sources fell by 12 per cent despite a spike in generation from coal to cope with outages at Pohokura gas field. The fall led to the share of electricity derived from renewable sources increasing to 84 per cent from 82 per cent a year earlier.”