Poission

Exploring energy markets,the reality,and opportunity

[Poission @Poission51]

@ClintVSmith Demand destruction over last 6 months is around 1.1 m barrels for petrol and diesel,vs 25 period.

[Poission @Poission51]

Mercury undertakes PPA with NZ Clean energy for Masterton solar energy farm.118MW (190GWh) early works underway,with construction expected in new year following final EPC selection.

[Poission @Poission51]

Light years energy starts construction on its third Ashburton solar farm 5.9MW adjacent to the other 2 units near Tinwald bringing capacity to near 12MW.Embedded on EA Networks which has a strong summer demand.

[Poission @Poission51]

Meridian energy to repower Waitaki hydro,through FCF.
The uplift will increase peaking capacity by 15MW when complete,with estimated increase in generation by around 35GWh from the same water use and reduced parasitic load and loss.

[Poission @Poission51]

Lightyears solar commences construction of 15MWp solar farm near Kuratau.Expects 23GWh of generation with longterm PPA from Fonterra.First generation July 27.

[Poission @Poission51]

Lodestone Energy announces IPO expected to raise 75 -100m$.

[Poission @Poission51]

Lodestone opens preregistration of interest for possible IPO,PDS for NZ Residents.

[Poission @Poission51]

NZ Solar generation (on trading platform) hits record 540MW as large assets continue commissioning.
( from Morgan NZ Electricity maps)

[Poission @Poission51]

@EricCrampton Since the 31 August 2024 an additional 1000 MW of solar has been added or is being commissioned with another 600MW in construction

[Poission @Poission51]

@PoW_Blockspace Replacement theory suggests otherwise as cogen eaves the room.

[Poission @Poission51]

MBIE data for June 1/4 shows record NZ renewable electricity generation as geothermal and solar generation set new deliverable records.

[Poission @Poission51]

@PoW_Blockspace Interesting to see how the new spring and summer demand from Dairy and Glenbrook effect generation.

[Poission @Poission51]

@PoW_Blockspace @JosephMooneyMP Multiple reasons,lower carbon cost in ttl generation,lower forward risk with higher geothermal baseload 24/7, increased peaking capacity from hydro generation (using same water) Mercury share of baseload for Tiwai increasing in Jan 27.

[Poission @Poission51]

Christchurch smart EV charger manufacturer hits 20000 units shipped,first 10000 units took 8 years,second 10000 took 9 months,adds evening shift.
https://t.co/yGBc91gmvO

[Poission @Poission51]

@MatthewWithy Mbie data just released show June 1/4 reduction in land transport fuels of 520 k bbl on 25 PCP,lowest demand since Covid Sept 21.

[Poission @Poission51]

@Peter_Fitz Meanwhile in NZ

[Poission @Poission51]

Highlights see non hydro renewables set new 12 month share of 35% with ttl generation record of 44.5TWh.
geothermal 9874 GWh Wind 3956 GWh. Solar 1170 GWh Biogas/mass 607GWh
Forecast non hydro renewables for 2026 is expected to be 4.1TWh greater then 2023.

[Poission @Poission51]

Critical contingency operator was placed into voluntary liquidation 3 September.Minister of energy MIA.
Large problem as CCO is to be receiver of large amount of mandatory required confidential information from ICP's

[Poission @Poission51]

Government introduces CCM regulations on 27 August
Nek Minnit 1/2