The Ability of Offshore Wind to Improve New Zealand’s Electricity Security of Supply
Offshore wind is a growing technology, with successful projects throughout Europe. As New Zealand aims
to reach 100% renewable electricity generation by 2035, diversification of the generation fleet is vital.
Previous work has identified areas around New Zealand with an excellent wind resource and suitable
coastal shelfs. Wind generation is variable and only generates when there is sufficient wind. Electricity
generation in New Zealand is predominantly hydro-powered, which enables some flexibility and ability to
match demand. However, this resource can also become depleted in what is known as “dry years”.
PWC National Impact Study: New Zealand Offshore Wind Industry
The offshore wind industry provides a transformative opportunity to propel the country towards a more sustainable economic future. The country has ideal conditions for offshore wind and with investment and support the industry has the potential to be highly beneficial to New Zealand. Investment in offshore wind would bring significant economic activity and sustain jobs in regions likely to be affected by the energy transition, such as Taranaki.
New Zealand Renewable Generation Diversity Investigation
Concept Consulting was engaged by the New Zealand Wind Energy Association to investigate some of the opportunities and challenges that might arise for the New Zealand electricity system due to increasing amounts of wind and solar generation.
Electricity Demand and Generation Scenarios
MBIE prepares an independent set of scenarios called the Electricity Demand and Generation Scenarios (EDGS) that explore potential future electricity demand and the generation capacity required to meet that demand.