We have released our investigation into the role of gas in supporting the energy transition and current market settings. You can read it below.
New Zealand is transitioning to a future with 100% renewable electricity from 2030 and a net zero carbon economy by 2050. During the transition, the electricity industry needs security of gas supply. Major gas users also need certainty and transparency for their operations.
We investigated these issues after the Minister of Energy & Resources asked for advice about settings in the natural gas market and whether they are fit for purpose for New Zealand’s transition to 100 per cent renewable electricity by 2030.
The report was developed after consultation with industry and has now been released.
We commissioned Concept Consulting to produce the study “Gas demand and supply projections – 2021 to 2035” to to support our Gas Market Settings Investigation.
Assessment of the supply and demand outlook is central to our investigation analysis and we have fielded numerous requests for the study to be released. You can read the study below.