Green New Zealand Reaches A New Landmark
New Zealand is already a world leader in the use of renewable energy, with around 75% of the country's electricity coming from renewables. That number is about to get a whole lot bigger.
Genesis Energy has announced that it will be closing its last coal fired generators once its contractual commitments have lapsed in mid-2017. The two generators will be replaced by a gas-fired unit which will be used in the event of a spike in demand.
The net result will be that by 2018 New Zealand will be generating 90% of its power via renewables - and without a significant difference in power costs when compared with similar-sized countries.
Whilst New Zealand does have access to abundant renewable energy sources the way in which these have been leveraged should be an example to other countries who have failed to keep pace in the drive to address climate change.