INDEPENDENT NEWS

Wind powers ahead with Mill Creek

Published: Fri 15 Jun 2012 10:35 AM
Wind powers ahead with Mill Creek
15 June 2012, Global Wind Day
New Zealand’s wind energy industry is powering ahead as the world celebrates Global Wind Day, says Eric Pyle, the chief executive of the New Zealand Wind Energy Association.
“We welcome Meridian Energy’s announcement that it will build Mill Creek wind farm, just outside of Wellington. Today we are also celebrating the official opening of New Zealand’s newest wind farm, the 7.65 MW Mt Stuart wind farm in the Clutha District,” says Mr Pyle.
The difference in the size of these projects reinforces that wind energy is a cost effective form of new generation and an attractive investment option. “From the point of view of an investor, the major advantages of wind farms are that they can be built quickly and sized to fit both the developer’s strategy and market requirements,” says Mr Pyle. “This means we get the right amount of generation, in the right place at the right time.”
Construction of Mill Creek will see NZ’s wind industry continue along its growth path. Wind energy has grown over 25 per cent per year over the last few years, and now provides about 5% of New Zealand’s electricity. Wind is likely to be supplying 20% of New Zealand’s electricity by 2030.
“Growth in wind generation will create new business and employment opportunities,’” says Mr Pyle. “A cluster of businesses have developed skills and expertise in wind energy as the Manawatu wind farms expanded, and some of these businesses now export services and skills overseas. Mill Creek will further increase the opportunities in the industry.
“Last year over US$280 billion was invested in clean energy globally, and $84 billion of that was in wind. There is huge potential for New Zealand businesses that develop niche skills and products from their experience with our tremendous wind resource.”
Global Wind Day is a worldwide event that occurs annually on 15 June. It is a day for discovering wind, its power and the possibilities it holds to change our world. Last year, More than 230 events were organised in 40 countries all around the globe.
ends

Next in Business, Science, and Tech

Dr Jane Goodall's Coming To Wellington
By: Wellington Zoo
Open Banking: How To Opt In - And Out - Of The New Payment System
By: RNZ
Spark Buys Lauriston Solar Farm Output
By: Bill Bennett
Rocket Lab Successfully Launches First Of Two Climate Science Satellites For Nasa
By: Rocket Lab
Businesses Are Hunkering Down And Adjusting To The New Normal – Business Confidence Survey
By: Auckland Business Chamber
‘Cuts In Context’ Report Launch And Visual Display At Parliament Today
By: Taxpayers' Union
View as: DESKTOP | MOBILE © Scoop Media