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Transpower - Latest News [Page 3]
Transpower Announces Half-year Results
Tuesday, 27 February 2024, 8:07 pm | Transpower
Transpower today released its financial results for the six months ending December 31, 2023. • Operating revenue increased by 4% to $465 million (2022: $448 million). • Operating expenses were $186 million, a 12% increase from the previous period ... More >>
Transpower Seeks Proposals For Electricity Flexibility Services In The Upper South Island
Monday, 19 February 2024, 12:49 pm | Transpower
Transpower is seeking proposals from potential providers of non-transmission solutions in the upper South Island, to help manage growing electricity use at peak times. Transpower Executive General Manager Grid Development John Clarke said growing electricity ... More >>
Transpower Releases Winter 2024 Outlook For Power System
Friday, 2 February 2024, 10:34 am | Transpower
Transpower has called for a step-change in investment in flexible power system resources like fast starting generators, grid scale batteries and demand that can reduce quickly when the power system is tight. In its Winter 2024 Outlook paper published this week ... More >>
Careful Of The Cables!
Wednesday, 17 January 2024, 9:55 am | Transpower
Transpower is reminding boaties and users of Cook Strait of the undersea electricity and data cables which connect the South and North Islands. These cables move electricity and data between the North and South Islands. “The cables are an essential piece ... More >>
Record Number Of New Electricity Generators Connect To Market
Thursday, 21 December 2023, 12:41 pm | Transpower
It was a record year for the electricity industry with five new renewable electricity generators offering power to the national wholesale electricity market - the highest number of new generators commissioned in a single year since the current market was ... More >>
PowerNet And Transpower Publish Plan To Enable Murihiku Southland’s Electrification
Thursday, 21 December 2023, 11:12 am | Transpower
PowerNet and Transpower today released a plan for Murihiku Southland’s electricity networks that will enable local communities and businesses to electrify and grow. PowerNet Chief Executive Jason Franklin said the Murihiku Southland Electrification ... More >>
Transpower Spending Proposal Focused On Retaining A Reliable National Grid
Tuesday, 21 November 2023, 12:45 pm | Transpower
Transpower today submitted its proposed expenditure and service performance levels to the Commerce Commission for the five years beginning 1 April 2025. The proposal sets out up to $4.7 billion of spending, in constant 2022/23 dollars, in order to ... More >>
Investment In Flexible Resources Set To Ease Renewables Transition
Thursday, 19 October 2023, 11:00 am | Transpower
A significant pipeline of new customer load connections is likely to boost electricity demand following flat demand growth in recent years, Transpower’s latest Whakamana i te Mauri Hiko (WiTMH) six-monthly monitoring report shows. The report also highlights ... More >>
Development Of Power Purchase Agreements Needed To Enable Decarbonisation At Pace
Tuesday, 17 October 2023, 12:10 pm | Transpower
Power Purchase Agreements (PPAs) between corporate energy users and renewable energy developers can enable investment in new, lower cost renewable electricity generation and drive electrification at pace, Transpower says. However, in an insight paper ... More >>
Transpower Announces 2023 STAR Awards Winners
Thursday, 12 October 2023, 10:51 am | Transpower
Transpower is pleased to announce the winners of its seventh STAR Awards which were held last night at a gala dinner hosted by Miriama Kamo at the Auckland War Memorial Museum. Transpower’s STAR Awards – STAR stands for Safety, Thanks, and Recognition ... More >>
Transpower And PowerNet Seek Input For Southland's Future Electricity Needs
Friday, 29 September 2023, 11:07 am | Transpower
Transpower and PowerNet today published a range of investment options for Murihiku Southland’s electricity networks to support electrification in the region. The businesses are seeking views from stakeholders on how these investments will allow ... More >>
Transpower To Replace Joints On Underground Auckland Cable
Wednesday, 6 September 2023, 10:11 am | Transpower
Transpower has announced that it plans to replace 45 joints at 15 locations on an underground electricity cable between its Brownhill and Pakuranga substations in south-east Auckland in a two-to-three-year work programme starting in 2024. Transpower ... More >>
Transpower Announces Full-year Result And Releases Integrated Report
Monday, 28 August 2023, 6:08 pm | Transpower
Transpower has today released its financial statements and Integrated Report for the financial year ending 30 June 2023 (FY23). Transpower’s operating revenue increased by 3.2% to $913 million. Transmission revenue year-on-year is in line with expectations ... More >>
Transpower Considers Investment Options To Ensure Reliable Supply As Electricity Use Increases In The South Island
Thursday, 24 August 2023, 4:57 pm | Transpower
Transpower today published a consultation outlining options for investment that will ensure electricity continues to be reliably supplied to the upper South Island as electricity use increases. Electricity use across the upper South Island has been ... More >>
Transpower Announces 2023 STAR Awards Finalists
Tuesday, 1 August 2023, 11:49 am | Transpower
Transpower today announced the finalists for the 2023 STAR (Safety Thanks and Recognition) Awards. Presented every two years, these awards provide the opportunity to reflect and recognise the work of people within the electricity transmission industry who ... More >>
Transpower Seeks Feedback On Early Options For Western Bay Of Plenty Electricity Infrastructure Upgrades
Monday, 17 July 2023, 1:35 pm | Transpower
Transpower today published its first consultation exploring options for essential upgrades to its electricity network in the western Bay of Plenty. Transpower is working in partnership with Powerco, the local lines company, on an integrated Development ... More >>
Transpower Announces Board Appointments
Friday, 30 June 2023, 12:39 pm | Transpower
Transpower today announced the appointment of two new directors – Whaimutu Dewes (as Deputy Chair) and Owen Coppage. The two appointments fill vacancies on the Board after Dean Carroll and Dr Roger Blakeley finished their terms earlier this year. ... More >>
EEI Announces Transpower New Zealand As Emergency Response Award Winner
Wednesday, 14 June 2023, 11:09 am | Transpower
(June 14, 2023) – Transpower New Zealand yesterday was announced as an Edison Electric Institute (EEI) Emergency Response Award recipient. Presented to EEI member companies twice a year, the Emergency Response Awards recognize recovery and assistance ... More >>
National Electricity Grid Smart Investments Come Online
Tuesday, 6 June 2023, 1:49 pm | Transpower
Transpower has commissioned the second of two smart investments as part of its commitment to ensuring the national grid will continue to provide safe, reliable, low-cost power to New Zealand electricity consumers. This week, a voltage stability device was connected ... More >>
Transpower Working With Sector To Manage Winter Capacity Risks
Tuesday, 23 May 2023, 9:28 am | Transpower
Transpower has said it is committed to working together with the electricity sector to manage potential tight supply situations during cold snaps this winter and keep the power flowing for Aotearoa. These tight supply situations during short periods ... More >>
