New Zealand – We’re ready to help accelerate the transition to clean energy
The New Zealand government has an aggressive target “that 90 percent of electricity generation be from renewable sources by 2025”*, which means there’s a clear imperative to deploy infrastructure fast, including DER assets. We’re happy to announce that the Gridcognition platform is now New Zealand market enabled which means we can support New Zealand based companies plan the deployment of DER assets, accelerating the transition to a clean, decarbonized energy system.
A global problem, a global approach
Our vision and plan from the start has been to provide a global platform to help accelerate the transition to a clean energy system. For the leaders who need to make the investment decisions, accurately modelled projects and tracking the ongoing performance of these projects is essential to the speed of their deployment and therefore the speed of the transition.
The diversity in the energy market models around the world provides some interesting challenges of course. Different tariff structures, different levels of regulation and de-regulation all inform how we design our solution to meet the market and New Zealand is no different.
First the UK, now New Zealand
After entering the UK market last year, New Zealand is now the second international market, building our knowledge and experience for further international growth. You learn every time you go into a new market of course, and here are some of the things we thought we’d share:
- Complex ToU tariffs – For example, ToU charges are in intervals of as little as 4 or 2 hours
- Some interesting network tariffs focussed on winter peak demand
- Generation is dominated by hydro and geothermal
- Full nodal pricing with nearly 200 individually priced regions
So if you’re interested to learn more about what we can do in New Zealand, or you want to become part of our team, contact us!