New Zealand unveils new commitment to renewable energy

New Zealand Landscape- Renewable Energy

Country outlines plans to reach 100% clean power by 2035 New Zealand has unveiled a new plan to reach 100% renewable energy by 2035. The outlining of the new plan comes on the heels of the country naming its 40th prime minister, Jacinda Ardern. Now, the country will be making efforts to phase out its use of fossil-fuels in favor of clean power. New Zealand already has a head start on accomplishing this goal. The country already derives approximately 80% of its electricity from renewable sources. Electricity has become very…

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Wind Power in New Zealand, Market Outlook to 2025, Update 2015 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles: ReportBazzar

ReportBazzar has announced a new report titled “Wind Power in New Zealand, Market Outlook to 2025, Update 2015 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” to their offering. Browse Complete Report with TOC: http://www.reportbazzar.com/product/wind-power-in-new-zealand-market-outlook-to-2025-update-2015-capacity-generation-levelized-cost-of-energy-lcoe-investment-trends-regulations-and-company-profiles/ Summary “Wind Power in New Zealand, Market Outlook to 2025, Update 2015 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the wind power market in New…

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Geothermal energy becomes New Zealand’s second most powerful source of electricity

When it comes to power generation in the country, Geothermal comes second only to hydro. According to Mighty River Power, one of New Zealand’s largest electricity generation and electricity retailing company, geothermal energy production is the second most important source of electricity fuel in the country, with hydro power taking the top spot, reported the National Business Review (NBR). In the past decade, the renewable energy source increased by over 150 percent. The electricity company said that during the December quarter, the renewable source, which is the only one not…

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New Zealand’s Green Party shows support for renewable energy

Clean energy is becoming a political issue in New Zealand Renewable energy is often a political issue and politics will likely play a larger role in clean power as people become more concerned with the environment. New Zealand’s Green Party is making a move on renewable power, releasing new details about its economic plan. The plan is heavily based on clean energy, proposing that the country receives no less than 100% of its electrical power from renewable sources by 2050. Green Party claims that clean energy could be a more…

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New Zealand commissions new geothermal energy plant

Geothermal energy continues to gain support from New Zealand The New Zealand government has commissioned a new renewable energy facility that will take root on the country’s North Island. The facility will seek to tap into the geothermal energy potential that can be found in the region. Mighty River Power, a prominent energy retailer, will be responsible for managing the project. New Zealand is in close proximity to the geographical region known as the Ring of Fire, which is notorious for its high frequency of geologic activity. This affords t…

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