Expanding into the New Zealand electricity retail market? The broad contours of the New Zealand system

Expanding into the New Zealand electricity retail market? The broad contours of the New Zealand system

AU Energy Compliance
Last week, New Zealand’s electricity regulator announced that “consumer choice has reached record levels, with 47 different retail brands now supplying New Zealand households”.[1] With so many new entrants into the New Zealand retail market (12 in the last year), it is worth taking a look the general features of the New Zealand electricity system and retail market and how they contrast with Australia’s. [caption id="attachment_4038" align="aligncenter" width="640"] Photo by Jasper van der Meij on Unsplash[/caption] By Dr Drew Donnelly, Compliance Quarter. The New Zealand grid and wholesale market As in Australia, the retail market has been traditionally dominated by several ‘gentailers’, vertically integrated organisations with separate generation and retail arms. Five gentailers, Contact Energy, Genesis Energy, Mercury Energy, Meridian Energy and TrustPower together produce about 95% of New Zealand's…
Read More

Two Billion Dollar Opportunities for Innovation in the Energy Market

AU Energy Compliance
Innovation in the Energy Market - If you believe the news, we are in the midst of an energy crisis. Ignoring the politicking, today we examine two areas of the energy market that are ripe for innovation. In our previous post, we spoke about the number of businesses now looking to become energy retailers. Much of this is driven by business models looking to innovate the energy market. [caption id="attachment_4033" align="aligncenter" width="640"] Photo by Marcus Wallis on Unsplash[/caption] By Connor James, Compliance Quarter. Demand Management that People Care About Countless providers offer an ‘app’ or device to help you manage your energy. Most of them fail. The promise is simple—give people more power over how and when they use, store, or export energy. In doing so, savings can be achieved,…
Read More