NZ Infrastructure Commission urges more renewable energy investment to tackle price volatility
By
rnz.co.nz
24d ago· 2 min readenNews
Summary
New Zealand's Infrastructure Commission calls for increased investment in long-term renewable energy to address short-term electricity price volatility. General manager Peter Nunns emphasizes the need to scale up electricity infrastructure for a low-carbon economy, reduce regulatory hurdles, and ensure sufficient competition for new generation projects. The research highlights that predictable policy settings can boost investor confidence in infrastructure development.
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Key quotes
· 3 pulledOur long-term challenge is scaling-up electricity infrastructure to power a larger, low-carbon economy
We need to avoid undue regulatory hurdles and ensure there's sufficient competition to build new generation.
The latest research outlined how a predictable approach to key policy settings could help give infrastructure providers the confidence to invest.
The Commission's latest research outlines how a predictable approach to key policy settings could help give infrastructure providers the confidence to invest.
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