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2 months ago | 
lexology.com | Natasha Hood |Sarah Sinclair |Scott Thompson |John Conlan |Stephanie de Groot |Paul Foley | +4 more
At the end of 2024, Transpower, along with Northland’s electricity distribution businesses Northpower and Top Energy, released their Resilience, Reliability and an Energy Bridge – Te Tai Tokerau Northland discussion paper. This paper followed the June 2024 Northland tower collapse which cut electricity to 88,000 people and caused a financial loss of more than $37.5 million.
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Oct 31, 2024 | 
baringa.com | Simon Gray
Identifying and overcoming vulnerabilities in your risk and resolution management frameworkIn March 2023, a series of bank failures sent shockwaves through the global financial system. Three regional US banks – Silicon Valley Bank, First Republic Bank, and Signature Bank – fell in swift succession, marking some of the biggest bank failures in the country’s history. Meanwhile, in Europe, Credit Suisse was dealt with an unmanageable crisis, ultimately leading to its acquisition.
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Aug 27, 2024 | 
lexology.com | Natasha Hood |Sarah Sinclair |Scott Thompson |John Conlan |Stephanie de Groot |Paul Foley | +4 more
The Electricity Authority (EA) released a decision paper in July on potential solutions for the peak electricity capacity issues. It has decided to pursue a package of six solutions which will support its long-term view of security of supply. In the following paragraphs we summarise the EA’s outlook across the short, medium, and long-term horizons.
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Jun 11, 2024 | 
thelawyermag.com | Simon Gray
MinterEllisonRuddWatts on the role of appropriate private sector finance in infrastructure issues By
To grow the economy and improve social outcomes, New Zealand needs sustained and ongoing investment in and improvements to its infrastructure. Successive Governments have been determined to address New Zealand’s infrastructure deficit, and Infrastructure Minister Chris Bishop says Budget 2024 lays the foundations for a better performing infrastructure system.
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May 27, 2024 | 
lexology.com | Natasha Hood |Sarah Sinclair |Scott Thompson |John Conlan |Stephanie de Groot |Paul Foley | +3 more
This month saw “electricity crisis” headlines proliferate with an unseasonal cold snap and low wind generation causing Transpower to release a warning notice and ask New Zealanders to reduce power use. After a long period of no growth, reports this month also suggest electricity demand in New Zealand is increasing.
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May 13, 2024 | 
lexology.com | Natasha Hood |John Conlan |Scott Thompson |Sarah Sinclair |Stephanie de Groot |Paul Foley | +3 more
In recent years, it has become common for utility-scale solar projects in Australia to include a grid-scale battery energy storage system (BESS) to provide energy generated by the solar farm to the grid outside of the times when the sun is shining.
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Apr 1, 2024 | 
lexology.com | Natasha Hood |Sarah Sinclair |Scott Thompson |John Conlan |Stephanie de Groot |Paul Foley | +4 more
Aotearoa New Zealand is in the midst of a solar revolution, with solar farm developments contributing to over half of the new renewable energy projects in the country. Large-scale solar developments are a relatively new development in New Zealand, and we can look to earlier adopters of solar (whether rooftop or utility-scale) for lessons on how to deal with long-term issues that can arise with this technology.
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Mar 25, 2024 | 
lexology.com | Natasha Hood |Scott Thompson |Sarah Sinclair |John Conlan |Stephanie de Groot |Paul Foley | +4 more
Recent reports that the Government will review the oil and gas decommissioning regime imposed under the Crown Minerals (Decommissioning and Other Matters) Amendment Act 2021 begs the question whether the process of decommissioning a renewable energy project in New Zealand should be under more scrutiny.
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Feb 6, 2024 | 
lexology.com | Sarah Sinclair |Scott Thompson |John Conlan |Stephanie de Groot |Paul Foley |Lisa M. Curran | +4 more
Last week the Ministry of Business, Innovation and Employment (MBIE) released its . The publication of the briefings provided to incoming Ministers by officials provides a useful glimpse behind the scenes in Government. In particular, the briefing for the Minister for Energy, the Hon Simeon Brown, raises a number of strategic choices the Government must make to shape the energy sector for both the short-term and beyond the current governmental cycle.
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Oct 31, 2023 | 
vitalbriefing.com | Simon Gray
Be careful what you wish for. Since the European Union’s Sustainable Finance Disclosure Regulation (SFDR) took effect in March 2021, the continent’s asset managers, investors, fund service providers and even national regulators have raised objections to various aspects of the legislation and the burden of following its requirements – especially since the detailed SFDR regulatory technical standards came into force at the start of this year.
