New Zealand renewable energy boom: Is it fast enough? | Ryan Bridge TODAY
New Zealand renewable energy boom: Is it fast enough? | Ryan Bridge TODAY
NZ Herald ·
New Zealand renewable energy boom: Is it fast enough? | Ryan Bridge TODAY
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{"v":1,"chapters":[{"timeSeconds":1,"label":"NZ Renewable Energy Boom","summary":"New Zealand is experiencing a boom in renewable energy projects, with significant investment in wind, solar, and battery technology. This growth is happening at a faster pace than projects from the 1980s."},{"timeSeconds":14,"label":"Genesis Energy CEO Interview","summary":"Ryan Bridge interviews Malcolm Johns, the CEO of Genesis Energy, to discuss the country's renewable energy initiatives. Johns joins from Huntly Power Station."},{"timeSeconds":32,"label":"Investment in Renewable Assets","summary":"Genesis Energy is investing $2.2 billion in new renewable assets and grid-scale batteries over the next three to four years. This includes projects at Huntly and new solar developments."},{"timeSeconds":45,"label":"Renewable Build Speed Question","summary":"The discussion questions whether the current pace of renewable energy project development in New Zealand is fast enough to meet future demand."},{"timeSeconds":111,"label":"Dividends vs. Reinvestment","summary":"There's a debate about whether power companies should prioritize reinvesting profits into renewable energy projects or distributing dividends to shareholders."},{"timeSeconds":122,"label":"Investment Returns","summary":"Genesis Energy aims for an 8-10% return on investment for its renewable projects, balancing this with the need to reinvest capital and manage fluctuating energy prices."},{"timeSeconds":217,"label":"Speeding Up Project Development","summary":"The conversation touches on how to accelerate the development of renewable energy projects in New Zealand, including the role of fast-track legislation and grid connection access."},{"timeSeconds":405,"label":"Offshore Wind Farms","summary":"The potential for offshore wind farms in New Zealand is discussed, noting their significant capacity and the challenges of integrating them into the energy supply."}]}
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