New Zealand will permanently shut its last two coal-burning generators by December 2018 due to:
- improved management of hydroelectric capacity in dry years
- development of lower cost renewable generation, principally wind and geothermal
- relatively flat growth in consumer and industrial demand for electricity
- Investment in the high voltage direct current link runs across Cook Strait, linking the North and South Island grids.
Endowed with significant hydroelectric capacity, New Zealand already relies on renewable energy for most of its electricity generation, unlike Australia where coal-fired power supplies about 70 per cent of electricity.
Sydney Morning Herald: 6 August 2015, date
Key Words: Coal International