The BusinessNZ Energy Council (the ‘BEC’) is a multi-sectoral group of New Zealand business, government and academic organisations taking on a leading role in creating a sustainable energy future for New Zealand. Since 1 January 2013, the BusinessNZ Energy Council brings together the memberships of BusinessNZ and the former Energy Federation of New Zealand. The BEC shares energy information, represents the views of its members, promotes dialogue and networking for its members, prepares and disseminates reports and organises seminars and conferences. Its goal is to “support New Zealand’s economic well-being through the active promotion of the sustainable development and use of energy, both domestically and globally.”
The Hon. David Caygill is a former Cabinet Minister with extensive governance experience. A lawyer by profession, he served in the Lange/Palmer Labour Governments successively as Minister of Trade and Industry, Health and Finance. From 1993-96 he was Deputy-Leader of the Opposition. On retiring from politics in 1996 he became a partner in the national law firm, Buddle Findlay.
David has served on a number of governing bodies, including as chair of the ACC and the Electricity Commission and as Deputy Chair of the Commerce Commission. In 2000 he chaired the Ministerial Inquiry into the electricity industry and subsequently the industry's Electricity Governance Establishment Board. More recently he chaired the review of the Emissions Trading Scheme. He has also been a director of Infratil Ltd and is currently Deputy Chair of Environment Canterbury.
Tina is the Executive Director – Energy and Innovation at BusinessNZ. She leads and manages the BusinessNZ Energy Council (BEC) and is responsible for the development of Business New Zealand policy on all matters relating to energy, transport and innovation. Her work also includes the World Energy Council's Energy Trilemma Framework, Energy Issue Maps and Energy Innovation Framework as well as the content development and organisation of the Asia-Pacific Energy Leaders’ Summit (2016 and 2018) and involvement in the cross-sector BEC Energy Scenarios Projects.
Her fields of specialisation include the energy industry, energy technology, energy policy and marketing.
Prior to her role as Executive Director, she worked as the Senior Policy Advisor for Energy and Innovation at BEC. Tina also worked for enviaM in Germany, a subsidiary of RWE AG, where she was responsible for the purchasing and distribution of electricity and gas. From 2012-2013, she worked in marketing and distribution for STI Solar Technologie International GmbH, Germany. While there, she was responsible for rolling out new products across Europe.
Tina holds a Master of Science (M.Sc.) Value Chain Management from the University of Technology, Chemnitz in Germany and a Bachelor of Arts (B.A.) Management of Energy Utilities from the University of Applied Sciences, Zwickau in Germany, including a semester at the University of Borås in Sweden studying International Marketing and Strategic Marketing.
Energy in New Zealand
New Zealand’s energy leaders have attributed higher uncertainty to Action Priorities in the 2020 results over those of the previous year, suggesting a need to act more quickly on energy issues. Critical Uncertainties have increased, the map area displaying higher density of issues led by critical concerns around energy equity, security and sustainability.
Climate Framework remains the biggest uncertainty. New Zealand has passed its Zero-Carbon Bill into law, committing the country to net zero carbon by 2050. This sets a clear goal but highlights the need for an action plan. More work is underway with part of the Act being the reform of the New Zealand Emissions Trading Scheme (NZ ETS).
Innovative Transport is perceived with a high level of uncertainty. New Zealand’s transport system is predominantly supplied by fossil fuels, raising concerns around environmental risks associated with climate change. Energy leaders are currently exploring the role that alternative fuels, such as electricity, green hydrogen and biofuels, could play in reducing emissions in the transport sector.
Market Design continues to be seen as uncertain, with an increased level of impact. New Zealand’s government has completed its review of the electricity market and the Electricity Authority is tasked with delivering several recommendations. Multiple initiatives are underway, such as improving access to information and data, enabling new technologies and business models across the electricity sector and enhancing competition. Any changes should improve New Zealand’s Energy Trilemma performance of balancing energy security, affordability and environmental sustainability.
Renewable Energies are perceived to have the biggest impact and remain New Zealand’s top Action Priority. Hydro, wind and geothermal sources provide for 40% of the energy mix and for 85% of the electricity mix. More than US$650 million have been committed to new renewable generation for 2020, bolstering the government’s aspiration for a 100% renewable future. This investment suggests a positive outlook for an increased share of renewable electricity.
Energy Efficiency remains an Action Priority. Energy cannot be thought of in isolation and must be linked into transport, infrastructure, water and a wider ecosystem. Current interventions for improved efficiency go towards addressing many of the Critical Uncertainties and Action Priorities identified for the country in 2020.
Talent becomes an Action Priority as business sees the increased impact this matter will have. Energy leaders seem increasingly concerned about the talent pipeline as the workforce ages, the economy continues to grow strongly, and immigration levels are tightened. These changes becomes particularly relevant as they come at a time when New Zealand has the lowest unemployment rate in twenty years.
A great deal is going on and there are many moving parts to New Zealand’s energy market that need to crystallise. Overall, executives seem to have gained more confidence in respect to energy innovation issues. Finding new energy supply and consumption opportunities keeps energy leaders busy during the day. However, there are heightened concerns not only regarding foreign policy but rather more in connection with New Zealand’s imbalance between energy targets and actual action plans. As a result, energy issues such as the climate framework and renewable energies are now reverting from political uncertainties to technical challenges for business. Without careful management, this could dampen rather than enhance future green investment.