Standalone energy storage supplier quotation in New Zealand 2025


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6 FAQs about [Standalone energy storage supplier quotation in New Zealand 2025]

Will Rankine power supply increase wholesale electricity prices in New Zealand?

Concept Consulting’s modelling shows that without thermal generation from the Rankine units as part of New Zealand’s energy storage solution, wholesale electricity prices would likely be 60% higher in the short-term (the next two-to-three years) and 11% higher in the long-term (ten+ years).

Why is fuel storage important in New Zealand?

The choice of fuel used for storage is critical for security, price stability and environmental impact. There is value in New Zealand having diversity for its storage solutions, as seen by the impact of the lack of gas in Winter 2024. Working with every facet of the energy industry, to help clients respond to business issues and trends.

Will Huntly assets support New Zealand's energy security?

Off the back of its experience in Winter 2024, Genesis asked KPMG and Concept Consulting to assess the future requirement for Huntly assets to support New Zealand’s energy security over the short, medium, and long term. Key takeaways from this report:

Does a grid-scale battery energy storage system offer a generation reserve?

The cost of battery energy storage systems (ESS) has decreased in recent years and will continue to do so. A grid-scale battery ESS is already able to participate fully in the energy market, however it cannot offer generation reserve.

Can batteries be offered as instantaneous reserves?

This will enable batteries to be offered into the wholesale market as instantaneous reserves. The amendments include new provisions that will enable owners of battery energy storage systems (battery ESS) to offer instantaneous reserve while a battery ESS is discharging.

Why does New Zealand need a 'flexible' electricity market?

As with other electricity markets around the world, the use of renewables means the market faces great exposure to climatic conditions and therefore New Zealand requires significant amounts of ‘flexible’ generation that can vary output to balance the variations in weather.

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