Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

New Zealand heads towards 90% renewable generation

byCT Report
09/08/2016
in International Customs, New Zealand
Share on FacebookShare on Twitter

WELLINGTON: Transpower today said that recent levels of renewable generation on the power system has been around 90% a very positive step towards achieving the Governments target of 90% renewable generation by 2025. New Zealand heads towards 90% renewable generation.

Transpower today said that recent levels of renewable generation on the power system has been around 90% – a very positive step towards achieving the Government’s target of 90% renewable generation by 2025. An upward trend in the use of renewable generation had been seen this year largely due to favourable hydrological conditions, recent grid and generation investment and the decommissioning of Southdown and Otahuhu thermal plants at the end of 2015. Transpower Chief Executive Alison Andrew said that the percentage of renewable generation being used on the power system had been 90% or higher for each month since February this year.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

“New Zealand is extremely fortunate to have a large amount of renewable energy at its disposal – both in natural resources as well as in past investments made in large hydro plant, wind and more recent investments in new geothermal plant.” “These generation investments, coupled with large investments on the transmission system over the last five years, mean that greater volumes of renewable generation is able to be transported to the Upper North Island where demand is the greatest,” she said.

“This year we have seen good hydrology conditions which has meant an abundance of lower cost, hydro generation being transferred from south to north. The hydro lakes are sitting around 140% of average for this time of year.

“The HVDC link (the link that runs under the Cook Strait between the islands) has predominantly been operating in a northwards direction seeing on average around 75 GWH (equivalent to around 350,000 households) per week of hydro generation north. “There are very few countries that can boast over 90% renewable generation. New Zealand should feel proud that as a country, we can run such a green power system and have a continued commitment to do so,” she said.

Tags: New Zealand heads towards 90% renewable generation

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Aust property helps lift REA profit 20%

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.