{"product_id":"geothermal-wind-and-other-electricity-generation-in-new-zealand-industry-market-research-report","title":"Geothermal, Wind and Other Electricity Generation in New Zealand - Industry Market Research Report","description":"\u003cp\u003eGeothermal, Wind and Other Electricity Generation in New Zealand - Industry Market Research Report\u003cbr\u003e\nGeothermal, Wind and Other Electricity Generation in New Zealand\u003c\/p\u003e\n\n\u003cp\u003eOperators in the Geothermal, Wind and Other Electricity Generation industry have faced volatile trading conditions over the past five years. Wholesale electricity prices have surged over the past five years, as disruptions to hydro-electricity and natural gas power stations have caused supply issues. In particular, substantial rises in the electricity wholesale price over the two years through 2018-19 and in 2020-21 significantly increased industry revenue. This significant price growth has also contributed to greater profitability across the industry. The COVID-19 pandemic has had a limited effect on the industry, with the rising electricity wholesale price offsetting short-term demand declines in 2020-21. Overall, industry revenue is expected to increase at an annualised 16.6% over the five years through 2022-23, to $2.3 billion. This trend includes an anticipated rise of 13.2% in the current year, primarily driven by strong wholesale electricity prices and increasing net energy consumption.\u003c\/p\u003e\n\n\u003cp\u003eIndustry operators generate electricity using geothermal power plants, solar farms, biomass plants and wind farms. This electricity is sold on the wholesale spot market and transported through transmission lines to network substations.\u003c\/p\u003e\n\n\u003cp\u003eThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"September, 2023 \/ 21 Pages \/ MCW16209413","offer_id":47613854253362,"sku":null,"price":930.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/geothermal-wind-and-other-electricity-generation-in-new-zealand-industry-market-research-report","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}