Energy project modeling in New Zealand
NZ Market
The New Zealand Electricity Market operates wholesale electricity markets and frequency regulation markets with wholesale prices set independently for over 200 grid injection or grid exit point (nodes) on the network.
Green Hydrogen is a very hot topic right now, and is a vital part of decarbonization, displacing fossil fuels as a feedstock into chemical/industrial processes, and as a fuel for heating, transport, and power.
Only a few years ago debate was running hot over whether even relatively low levels of renewable energy in the world’s electricity grids was achievable, and back then “renewables” typically meant large utility-scale assets.
Australia is leading the world on the deployment of distributed generation and South Australia is the poster child for this; we had events last year where almost all of SA’s electrical load was met by roof-top solar.
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