Jacinda Ardern aims to switch the electricity grid entirely to renewables by 2035, which would place the South Pacific island in a small club of nations ditching fuels like coal and natural gas to cut carbon emissions.
Removing those fossil fuels from the grid may spark supply-security issues that policy makers or regulators need to address, according to Stevenson.
New Zealand’s reliance on hydropower leaves prices vulnerable to spikes amid dry weather as lake levels drop and coal- and gas-fired plants make up the shortfall.
Just a handful of countries including Iceland and Norway have almost entirely eliminated fossil fuels from their grids.
Taiwan has struggled to shift away from coal, highlighting issues with the reliability of its grid and raising scrutiny of the current administration’s policies.
Thanks to its own large hydropower resources, New Zealand is a long way down the road to meeting its target.
Phasing out fossil fuels from the power grid should be a priority for the Labour-led government, according to environmental campaigner Greenpeace New Zealand. »