MSC NewsWire

Founded by Max Farndale 1947 - 2018
Sunday, 03 July 2022 08:25
  • Home
    • About Us
    • Pricing
    • Global Presswire
    • Industry Organisations
  • News Sectors
    • Headlines Through Today
    • Environmental Talk
    • Out of The Beehive
    • Primary Sector Talk
    • Reporters Desk
    • The MSC NewsReel
    • MSCNetwork
    • FinTech Talk
    • The FactoryFloor Newsreel
    • Trade Talk
    • News Talk
    • Industry Talk
    • Technology Talk
    • Blockchain
    • Highlighted
    • The TravelDesk
      • TravelMedia
      • Sporting Tours
      • Holidays Tours Events + More
      • Airfares
      • Travel Enquiry Form
      • TravelBits
    • Travel Updates
    • The MSC TravelDesk Newsreel
    • Travel Talk
    • Travel Time
    • The Bottom Line
    • Regional News
    • News to Run Advice Form
    • World News
    • NewsDIRECT
    • MSCVoxPops
    • Press Releases
  • National Press Club
  • Contact Us

Record-breaking weather impacts power generation

  • font size decrease font size decrease font size increase font size increase font size
  • Print
  • Email

A combination of the hottest month on record and an early snow melt led to a lower proportion of renewable electricity generation and higher levels of other sources of generation in the first quarter of 2018 compared to the same the quarter last year, according to the New Zealand Energy Quarterly released today by the Ministry of Business, Innovation and Employment.

The latest New Zealand Energy Quarterly covers the period January-March 2018 and provides quarterly data and analysis on energy supply, demand, prices and associated greenhouse gas emissions.“January was the hottest month on record and the snowpack disappeared two months earlier than usual. The low hydro storage and calm conditions at the start of the year combined to see the renewable share of electricity fall by 5 per cent compared to the same quarter in 2017,” says James Hogan, MBIE Manager Energy and Building Trends.“Hydro storage recovered in February and March after ex-tropical cyclones Fehi and Gita but hydro generation was down 6 per cent for the quarter. The still, settled conditions resulted in wind generation declining by 22 per cent.“As a result thermal generation increased to pick up the shortfall with gas up 27 per cent and coal up 105 per cent but despite the record-breaking January renewable generation was still 81.1 per cent.”The warmer conditions resulted in a reduction in residential electricity demand but higher commercial and industrial demand led to a slight increase in national demand.New Zealand Energy Quarterly:http://www.mbie.govt.nz/info-services/sectors-industries/energy/energy-data-modelling/publications/new-zealand-energy-quarterlyRead about electricity cost and price monitoring:http://www.mbie.govt.nz/info-services/sectors-industries/energy/energy-data-modelling/statistics/prices/electricity-prices

  • Source: MBIE
Published in ENERGY
Tagged under
  • Energy
  • Business
  • news talk

Related items

  • Sir Bill English to be honoured by Victoria University of Wellington
  • Higher bank capital better for banking system and NZ
  • Plastics industry helps designers create easy-to-recycle packaging
  • Great Barrier unhappy with Auckland’s marine sludge plan
  • XE Update Friday 30 November, 2018
More in this category: « Finance Minister received no Treasury advice on impact of oil and gas offshore exploration ban Petrofac scoops New Zealand well management contract »
back to top
Sep 25, 2018

NZOG, partners start drilling south of New Plymouth

in BUSINESS
Jul 28, 2018

Placemakers offer prefab workers jobs

in BUSINESS
Nov 07, 2018

Limited progress on China dairy safeguards ups the ante

in BUSINESS
Aug 07, 2018

TruRating and Datacap Announce New Partnership at RetailNOW

in BUSINESS
Sep 20, 2018

Westpac Champion Business Awards

in BUSINESS
Nov 14, 2018

The New Criterion: say 'bula' to the world's first listed kava producer

in BUSINESS
Aug 15, 2018

Fairfax slashes value of NZ business as Nine merger looms

in BUSINESS
Oct 01, 2018

Ministers to meet world energy leaders at premier Wellington event

in BUSINESS

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

  • Home
  • Global Presswire
  • Industry Organisations
  • National Press Club
  • Disclaimer
  • About Us
  • Pricing
  • Sitemap
Copyright © 2022 MSC NewsWire. All Rights Reserved.
Site Built & Hosted by iSystems Limited
Top
TravelBits