2021 Investor Day Presentation
expected annual energy [GWh]
-500
-1,000
-1,500
-2,000
-2,500
2,500
2,000
1,500
1,000
500
0
FY2021
Meridian.
Supply demand balance
NZAS exit mostly absorbed by 2030 with modest
organic demand growth and new load (industrial
heat, data centre, EV's)
FY2022
NZ Power System New Generation & Retirement
10 Year Outlook Exit @Feb21
FY2023
FY2024
FY2025
FY2026
FY2027
FY2028
FY2029
EV
■Solar (Roof)
Thermal
■Hydro
Solar (Grid)
■Geothermal
Wind
Source: Meridian
FY2030
☐
T
annual demand [TWh]
5
10
15
20
25
30
FY2021
35
40
45
NZ Power System Demand
10 Year Outlook with 2025 Exit: @Feb21
50
3.0%
1
2.0%
1.0%
-1.0%
annual demand growth [%]
-2.0%
-3.0%
-4.0%
-6.0%
-7.0%
FY2022 FY2023
SI
FY2024 FY2025 FY2026 FY2027
NI
NZAS
FY2028 FY2029 FY2030
----- NZ Demand Growth
Source: Meridian
New renewable builds announced recently
support thermal retirements before 2030
With some rationalisation of existing renewables
11 MAY 2021| 2021 INVESTOR DAY PRESENTATION
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