New Zealand Energy Quarterly - March 2022
The New Zealand Energy Quarterly provides quarterly data and analysis on energy supply, demand, prices and associated greenhouse gas emissions. This edition was released 9 June 2022.
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Main highlights for this quarter
- The renewable share of electricity generation for the quarter was 82.7%, 4.5% higher than a year ago
- Hydro generation was 5.3% higher than in the March 2021 quarter, and generation from wind was up 21.2%
- The increase in hydro and wind generation led to a decreased reliance on fossil fuels for electricity generation. Electricity generated from coal dropped by 57% compared to the previous March quarter
- Overall electricity consumption fell by 1.2% on the previous March quarter, driven by a 17% decrease in agriculture, forestry and fishing, although this was partially offset by a 2.8% increase from residential demand
- Coal imports were down 58% on the previous March quarter. With the gas supply being slightly more secure this winter, and slightly higher hydro lake levels, coal demand is reduced compared to recent years
- March saw the last import of crude oil to the Marsden point refinery, which closed on 1 April as the company moved to become an import only terminal. For land transport use, petrol consumption fell 11% since March quarter 2021, while diesel consumption was up 1%.
More information on the response to COVID-19 by the energy sector
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