The world may be turning to renewable energy, but the major oil companies are increasing their investments this year a recent report reveals. Continue →

One of Australasia’s largest enterprise software providers has foreshadowed the imminent technological transformation of the electricity sector to a digital utility. Continue →

Renewable energy sources are set to radically reshape global energy markets, posing a threat to legacy oil and gas operations but also an opportunity to diversify and future-proof portfolios, leading industry analysts predict. Continue →

A study into New Zealand’s retail fuel market confirms that it has features which “may not be consistent” with a workably competitive market, Energy and Resources Minister Judith Collins says. Continue →

A collaboration by scientists who drilled nearly 900 metres into the South Island’s Alpine Fault has revealed surprisingly high temperatures and the potential for large geothermal resources in the area The Deep Fault Drilling Project, jointly led by Victoria University of Wellington, GNS Science and the University of Otago, was carried out in 2014 in Westland, north of Franz Josef Glacier. Continue →

Simply Group has created a bespoke prototype billing system for one of the country’s largest gas networks, marking a milestone in the company’s evolution into the multi-utility space The company partnered with First Gas Limited following its purchase of Vector Gas Limited’s gas distribution assets, which came without supporting IT infrastructure and established systems. Continue →

The Green Party has launched a plan for cheaper power bills, cleaner electricity generation, and a smarter electricity network The Empowering New Zealand comprehensive plan for the electricity sector includes: $112 million for winter warm-up payments to help low-income households cover their power bills setting a goal for 100 percent renewable electricity by 2030 (in average hydrological conditions) an investigation into the electricity wholesale market encouraging lines companies to work together and embrace new technology to bring down costs modernising industry rules to encourage competition, transparency and use of data. Continue →

Power management company Eaton’s latest annual Blackout Tracker Report for Australia and New Zealand (ANZ) reveals three million people were affected by more than 240 power outages in 2016 While widespread power failures in South Australia had the largest impact on individuals and businesses, New South Wales topped the list of Australian states for the third year in a row with 33 power outages – while the North Island topped New Zealand with 80 power outages. Continue →

A groundbreaking collaboration between Simply Group, Counties Power, Callaghan Innovation, and Creative HQ will unlock half-hour electricity data for the first time to promote research and innovation Backing the Lightning Lab Electric Innovation Challenge and Accelerator programme, Counties Power has teamed up with Simply Group to put anonymised userdata in the hands of New Zealand’s innovators with the goal of creating game-changing outcomes for the energy sector. Continue →