Te Mauri Hiko Monitoring Report - Q4 review

In 2018 Transpower launched Te Mauri Hiko – Energy Futures, aimed at stimulating industry discussion on what New Zealand’s energy future could look like. Taking a scenario-based approach, we considered what the year 2050 might bring, to begin to understand the opportunities and challenges we all need to focus on today.

Significant geo-political and technological changes are likely to increase uncertainty around the future, so it is critical we monitor the signs and drivers that underpin our scenarios.

Our quarterly monitoring report seeks to identify which key drivers of change remain consistent with, or vary from, the expected course we first outlined in our scenarios.

We have released our latest Te Mauri Hiko monitoring report, for the quarter ending June 2019.

Highlights:

  • While the demand and supply scenarios remain consistent with those first identified in Te Mauri Hiko, we are closely monitoring key areas that could result in a change
  • New Zealand population growth and economic performance may still be consistently higher than first predicted while distributed solar uptake continues to track lower.
  • Energy efficiency effects continue to be significant while New Zealand’s approach to fossil fuel plant closure could be relaxed to focus on broader decarbonisation goals.

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