News

“The use of renewable electricity certificates will ensure that electricity consumed at our sites will be matched and verified against solar electricity produced by Lodestone solar farms. This mechanism will ensure that our arrangement with Lodestone contributes to the country’s green energy transition,” says Mr Benattar.

The New Zealand Energy Certificate System (NZECS) issues Renewable Energy Certificates (RECs) to Meridian for the amount of renewable energy generated by Meridian’s certified hydro stations and wind farms. These RECs are then allocated to customers like One NZ based on the amount of electricity used for the period that Certified Renewable Energy is purchased for

Power Purchase Agreements (PPAs) are a type of electricity purchase arrangement that reduce consumer price risk and support the development of new electricity generation. In recent years, there has been a notable surge in PPAs amongst New Zealand businesses. The objective of this explainer is to assist corporate energy users in optimising their PPA arrangements…

Paving the way in Tourism using sustainable energy, Ōpuke Thermal Pools and Spa are the first solar heated commercial hot pools in the Southern hemisphere. A combination of self-generation and BraveTrace energy certificates (NZ-ECs) ensures consistent heating even during cloudy periods and at night, without compromising sustainability.

NZSki, which operates Mt Hutt, Coronet Peak and The Remarkables, is on a mission to achieve carbon neutrality by 2030. To address their Scope 2 electricity emissions (currently reported as over 1,000 tonnes per annum), NZSki purchases Meridian Energy South Island hydroelectricity certified by BraveTrace.

We now see a more carbon intensive RSM, which is 4.46% higher than the NSM. The gap between the two has widened from 3.14% the previous year. As these figures continue to diverge, non-certifying businesses face higher reported scope 2 emissions.

BraveTrace announces the establishment of a User Group. The User Group will provide advice to BraveTrace on the future design and operation of the NZECS and lead work on special interest topics. Currently, nominations for memberships are open to Participants and Registrants.

Total Utilities has taken a pioneering step towards fostering sustainable energy by spearheading the landmark collaboration between Manawa Energy and Southern Spars, an iconic New Zealand company known for its cutting-edge marine spars and rigging.

This year has seen significant growth in the volume of New Zealand Energy Certificates (NZ-ECs) traded, with redeemed volumes up over 40% on the previous year. A massive thank you to everyone in our ever-expanding BraveTrace network for making this possible!