One highlight among others, of interest to SEANZ members is that new grid connection enquiries and renewable energy continue to increase with utility-scale solar exceeding original Whakamana i te Mauri Hiko scenarios.

Other findings include:

Major technology changes will impact Aotearoa’s decarbonisation journey

Alongside strong renewable generation challenges remain in meeting energy demand and peak demand

Electricity demand slows, but with strong signs of potential growth, being greater electrification of industry and transport, new data centres and major new residential developments.

The pipeline of grid connection enquiries continues to rise, with sufficient generation in the mix to meet the 2050 net zero emissions target

Process heat decarbonisation increases, driving potential growth in electricity and biomass Energy affordability needs to be maintained.

Read the full report here.