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Caspian Energy Journal Caspian European Club
Monday, 17 August 2015 09:30

Renewable energy supply hits record in New Zealand

The share of renewable energy in New Zealand's total energy supply hit a record at 39.5 percent in 2014, according to the country's ministry of business, innovation and employment report Wednesday, Caspian Energy News (www.caspianenergy.net) reports with reference to the Anadolu Agency.

The report shows that renewable energy rose by 1.3 percent from the previous year in 2013.

"Electricity consumption in 2014 rose by 1.2 percent to 39,210 gigawatt hours. A large increase in consumption -- up 14.5 percent from 2013 -- from the agriculture, forestry and fishing sector was responsible for the majority of this increase," Ministry of Business, Innovation and Employment (MBIE) manager of energy and building trends Bryan Field said.

A study in Australia undertaken with the collaboration of the World Wide Fund for Nature, WWF and Australia's NationalUniversity predicts that the country can meet 100 percent of its energy demand by 2050 from carbon-free renewable technologies like solar and wind energy sources. The study also asserts that the country can undertake ambitious emissions reductions by this year.

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