New Zealand Wind Energy Conference 8 April 2008 Hon. David Parker Minister of Energy.

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Presentation transcript:

New Zealand Wind Energy Conference 8 April 2008 Hon. David Parker Minister of Energy

NZ Energy Strategy: Our vision A reliable and resilient system delivering New Zealand sustainable, low-emissions energy

Renewable electricity target 90 per cent of electricity from renewable sources by 2025

Renewables future makes economic sense New Build Generation Costs

Forecast electricity generation

Electricity emissions reduction opportunities

Role of fossil fuel generation Fossil fuel generation – particularly gas – has a role to play But: Electricity Act changes will limit new fossil fuel baseload generation for next 10 years

Integration of wind power EC tactical project – to cope with immediate changes EC Wind Generation Investigation Project – further integration over next five to ten years

Key actions for renewables National policy statements on - renewable electricity generation electricity transmission - to provide guidance for councils Call-in powers available

Concluding comments

Questions…

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