18 Oct 2021

Analysts: 100 per cent renewables target within reach

From Nine To Noon, 9:08 am on 18 October 2021
Eco power. Wind turbines generating electricity

Photo: 123RF

New Zealand is on a cusp of a major energy transition - but it's not been all smooth sailing. Jarden says it's possible for New Zealand to reach its 100 per cent renewable energy by 2030. The investment and advisory group covers New Zealand's electricity, oil, and building sectors for clients. It says the next 10 years are likely to be the most transformative seen in decades for the energy sector. However hurdles remain with the country importing more coal this year than it has in a decade, questions over the closure date for the Tiwai Point aluminium smelter, and investment in green hydrogen production still in its infancy. Kathryn speaks with Jarden equity research directors Grant Swanepoel and Nevill Gluyas about what the next year - and next decade - might look like.