Posts Tagged Energy Management

Big risks in avoiding corporate sustainability

Posted 20 January 2020 by Chris Hargreaves

Your corporate sustainability targets might be in for a shock! Prior to Christmas, the Government announced a raft of proposed changes to the emissions trading scheme (ETS) to rapidly decarbonise the economy. This included lifting the ETS price cap from $25/tonne to $50/tonne and creating a market floor of $20/tonne. If we take natural gas as an example, where at $25/tonne the ETS is priced at $1.37, at the market cap of $50/tonne this would increase the cost of the ETS to end users by $1.37/GJ (0.49c/kWh). With current raw gas pricing hovering around $9/GJ for large...
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How efficient, sustainable energy innovations could boost your brand

Posted 9 January 2020 by Chris Hargreaves

Research shows that using low-carbon energy solutions can improve your reputation – helping make the case for sustainable energy innovation. Deloitte recently published The Global Millennial Survey. This reinforced a number of other surveys that concluded that brands with a strong corporate social responsibly and sustainability plan will attract a higher caliber pool of prospective employees and a large range of engaged customers. 42% of those surveyed stated that they would start and or deepen a relationship with business who has products/services that positively impact the...
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New Zealand electricity prices: so high and still rising

Posted 9 May 2019 by David Spratt

When we look at New Zealand electricity prices, it is important to consider lines companies in the equation. The lines company or electricity distribution business (EDB) operates and maintains the transformers, power poles and copper wires that keep our local electricity networks running and delivering reliable electricity to the door. Examples in the EMA membership region are Northpower, Vector, Counties Power, WEL Networks and Powerco. Lines companies in your power bill Take my last home bill. The energy component, which is the part provided by my retailer, was $184.76. This part...
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The Power Plant Next Door

Posted 15 January 2019 by Chris Hargreaves

Throughout history technological advancement and change that has lasting impacts on humanity has largely come about through critical mass. As a child, I distinctly remember visiting a friends house and seeing their newly installed solar PV system on the roof. 25 years ago, this seemed like the future as I had only seen photos of such things in books about NASA and science fiction. While some technologies are adopted quickly into day to day life, it seems to be taking an age for solar systems to become common place. Obviously cost is major driver of this but then so too is how seamlessly...
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Future Trading Conditions for Energy Market Becoming More Difficult

Posted 4 August 2018 by Richard Gardiner

Until now, articles on the Total Utilities website have always been of direct relevance to the utility markets where we have operated since 1999. In this case, we have included Jonathan Eriksen’s latest quarterly investment commentary below because it puts in wider New Zealand and global context the macroeconomic trading conditions that impact directly and indirectly on the utility providers in New Zealand. I have an economics background and have known Jonathan since I emigrated to New Zealand 25 years ago. He is one of the leading actuaries in the country and his independent...
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How energy data will transform your operations

Posted 9 May 2018 by Chris Hargreaves

Many businesses begin collecting energy data as a means of saving energy – and energy costs. While this remains one of the greatest benefits of energy data analysis, its appeal does not start nor end with direct financial considerations. In fact, focusing only on energy savings has led to an underestimation of the full value of data-backed energy management in global economies. Across all sectors – from manufacturing to retail to healthcare – organisations are harnessing the operational efficiency benefits that result from energy data like never before by: Assembling and...
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Infusing New Operational Intelligence into Old Equipment

Posted 23 March 2018 by Jon Rabinowitz

A client of ours recently installed energy sensors across two areas of their facility. One area is significantly old using good practice equipment for the time, the other brand new and utilising advancements in equipment technology. Both areas are similarly sized and perform the same operation, however, measuring energy performance between the old and new will provide our client with real insights when making future strategic decisions. While our client operates a large portfolio of facilities around the North Island, they are using this specific site as a sandbox environment, a...
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The Smarter Smart Energy Meter

Posted 22 July 2017 by Pushkar Kulkarni

Investment in energy monitoring has traditionally been dominated by lengthy CAPEX discussions and the technical specifications of proposed monitoring infrastructure which means spending more cash to find out where cost savings might be made. Little thought was ever given to the data output and associated software --most competing products delivered similar back end services and data displays which required users to export data to CSV format before being able to really interrogate it. That's changing with Panoramic Power smart sensors available now in New Zealand, through Total...
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The Fossil Future of Thermal Generation

Posted 11 July 2017 by Chris Hargreaves

The calls for a 100% renewable energy market in NZ are often met with large amounts of criticism, "We are 85% renewable already", "Thermal back up is required for periods of drought and low wind", "Going 100% renewable will only increase prices as more generation will be required" etc etc etc. Quite frankly, this is an outdated way to think of the market based on large scale generation models and long distance transmission. New Zealand in transition Unlike most other countries, NZ is well positioned to further reduce reliance on thermal generation, given our geography, population...
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The Corporate Power Perspective: Evaluating Strategic Energy

Posted 9 June 2017 by Jon Rabinowitz

The focus of the recent Energy Management Association of New Zealand (EMANZ) conference held in Wellington centered on disruptive technologies and how this would impact the traditional models of the energy supply chain. While presentations focused mainly on generators, distributors and retailers, customers also need to consider how emerging technology can drive strategic decision making when it comes to the consumption of energy.   The installation of smart metering over the last few years throughout New Zealand has assisted mainly companies that generate, distribute and retail...
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