Target 2027: 100MW renewable generation asset portfolio. This will be the equivalent of 3.7% of national electricity demand.
A positive outlook for renewable electricity generation supports the Eastland Generation development pipeline. Transpower estimates 70% more renewable generation will be needed to electrify process heat and transport, and decarbonise the economy. Geothermal is key as a low carbon source of base-load supply, underpinning growing uptake of intermittent wind and solar generation.
We have a strong pipeline of renewable generation projects at different stages of development. These include a large new geothermal power plant, and solar opportunities in Tairāwhiti and Wairoa.
We are assessing the long-term possibilities of wind and waste-to-energy plants.