Abstract

This objective of this webpage and report is to analyse the potential benefit of a Feed in Tariffs (FITs) for small scale generation in New Zealand.  Although New Zealand’s renewable electricity generation is among the highest in the world, with 74% of electricity supply coming from renewable sources,  the ratio of renewable to non-renewable energy sources is down from its peak of over 90% in 1981,  while New Zealand’s world environmental ranking has slipped from being number 1 in 2006 to 15th in 2010.   Greenhouse gas emissions in New Zealand are also increasing more than almost any other country.    Given the environmental, social and economic impacts of climate change, and the associated change in public consciousness around environmental impacts of energy generated from non-renewable energy sources, this policy aims to provide an informative companion piece to current debate around the issue of renewable energy and FITs.  This policy will find a number of long term advantages to New Zealand in implementing  FITs, including promoting the adoption of renewable energy in New Zealand, job creation, and increased industry innovation leading to increased exports.