Posts Tagged Sustainable Business
What’s happening with New Zealand’s Natural Gas and Decarbonisation Markets?
All businesses need electricity. All people in a modern society like ours need electricity. The trouble lies in finding balance between combatting climate change and generating enough electricity to sustain our population.
We all know and understand the importance of decarbonizing given the ominous challenge posed to us by climate change globally. But, New Zealand is a small, remote country which only accounts for 1/15th of 1% of the world’s population of 7.5 billion.
New Zealand’s electricity and natural gas markets are inextricably inter-linked. Electricity and gas compete as...
Read more
Case Study: A local big box retail chain cuts energy waste
A New Zealand retail chain is reaching its sustainable business goals and cutting costs with an intelligent energy insights tool.
Big Box Retail Case Study...
Read more
Tiwai and Meridian’s deal: The aftermath of our large energy users and the future of energy in New Zealand
New Zealand Aluminium Smelters has struck a new deal with Meridian Energy which means the smelter will remain open until at least Decemeber 2024. We don’t yet know the prices that Rio Tinto has agreed with Meridian, but Forsyth Barr estimates that Rio will be paying a contract price of 3.5c/kWh. Compare that with large energy users across the country, who are paying over 11c/kWh.
Last week, the news pushed already elevated ASX energy futures higher. Customers leaving contracts on or around a raw energy price of 8.5c/kWh struck 3 years ago are now facing, on average, raw...
Read more