IT’S TIME
FOR
NEW RULES
As a diversified energy group and a leader in new energy solutions, as well as the custodians of the country’s largest energy distribution platform that underpins this, our job is to enable the transition to a new energy future to meet the needs of future generations, whilst growing sustainably. Our network must become even smarter, to cope with new types of generation, new capabilities of technology and the ever-changing preferences of customers. We must empower customers to control where and when they charge their e-scooter, their e-bike or their EV. We must keep everyone connected as stronger and more unpredictable weather challenges New Zealand’s infrastructure. We must support the relentless growth of Auckland city. The wider sector must become more responsive to all these forces also. As a country, we cannot continue to import coal to plug gaps between supply and demand. We cannot continue to remain so dependent on hydro storage when drought risk is increased by climate change. It’s time for bolder action, on all sides. The pending Interim Climate Change Commission report will help guide how New Zealand can make the transition to 100% renewable energy, while the current Government electricity sector review is a huge opportunity to put the right incentives in place to reshape the industry for the benefit of consumers and to set new rules for new times.
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