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Poission

@Poission51

Exploring energy markets,the reality,and opportunity

 new zealand
Joined December 2022
  • Tweets2.4K
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1.1KMedia
Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)Photo by Poission (@Poission51)
Gas industry reports supply for NZ electricity generation falls by 59.4% pcp,as both good hydrology and increases in non hydro renewables (wind record of > 1200 GWh) Further decreases in demand for gas cogeneration underway.
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Preliminary data for September quarter show significant decrease in FF thermal generation in NZ.The two largest generators Genesis and Contact (around 70% of FF GEN) decreased by 768GWh.Genesis down to 163GWh and Contact down to 26GWh.
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Genesis Energy extends shut of 400MW unit 5,due to sufficient renewable and baseload generation from geo. Security of supply still available from Rankine fleet with enhanced flexibility capability and strategic coal reserve.
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Mercury energy issues Notices to proceed to contractors for its Puke Kapo Hau wind farm once complete new wind farm generation in the South Island will have an additional 1550 GWh since 2023.
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Lodestone receives firm commitments ( minimum 75m$) which allows for IPO and listing on 22 October.
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Mercury undertakes PPA with NZ Clean energy for Masterton solar energy farm.118MW (190GWh) early works underway,with construction expected in new year following final EPC selection.
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Light years energy starts construction on its third Ashburton solar farm 5.9MW adjacent to the other 2 units near Tinwald bringing capacity to near 12MW.Embedded on EA Networks which has a strong summer demand.
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Meridian energy to repower Waitaki hydro,through FCF. The uplift will increase peaking capacity by 15MW when complete,with estimated increase in generation by around 35GWh from the same water use and reduced parasitic load and loss.
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Lightyears solar commences construction of 15MWp solar farm near Kuratau.Expects 23GWh of generation with longterm PPA from Fonterra.First generation July 27.
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Lodestone Energy announces IPO expected to raise 75 -100m$.
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Lodestone opens preregistration of interest for possible IPO,PDS for NZ Residents.
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NZ Solar generation (on trading platform) hits record 540MW as large assets continue commissioning. ( from Morgan NZ Electricity maps)
NZ Electricity maps

ALT NZ Electricity maps

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Christchurch smart EV charger manufacturer hits 20000 units shipped,first 10000 units took 8 years,second 10000 took 9 months,adds evening shift. evnex.com/nz
Smart EV chargers for New Zealand homes & businesses | Evnex

Smart EV chargers for New Zealand homes & businesses | Evnex

Power your journey with industry-leading home EV chargers. Discover smart, efficient, and sustainable charging solutions designed for New Zealand homes.

evnex.com
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MBIE data for June 1/4 shows record NZ renewable electricity generation as geothermal and solar generation set new deliverable records.
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Highlights see non hydro renewables set new 12 month share of 35% with ttl generation record of 44.5TWh. geothermal 9874 GWh Wind 3956 GWh. Solar 1170 GWh Biogas/mass 607GWh Forecast non hydro renewables for 2026 is expected to be 4.1TWh greater then 2023.
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Government introduces CCM regulations on 27 August Nek Minnit 1/2
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Critical contingency operator was placed into voluntary liquidation 3 September.Minister of energy MIA. Large problem as CCO is to be receiver of large amount of mandatory required confidential information from ICP's
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NZ Carbon auction fails to attract participants.
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Following of announcement of Methanex mothballing,forward NZ electricity futures decrease, average change of -2.41%
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Genesis Energy takes PPA with Ngawha generation for 53%of generation from Jan 2029 OE6 geothermal is expected to produce 32MW of geothermal electricity with small 9MW solar array behind meter to run other generation assets.
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