Role of the Sector

The electricity sector has a critical role to play in the transition to a low-emissions energy system. With a focus on reducing emissions, reducing reliance on fossil-fired generation, and the need for billions of dollars of new investment to do so, the transition needs to be achieved without the other two limbs of the energy ‘trilemma’ – security or affordability, both of which are critical to consumers – being compromised.

Role of the Electricity Authority

As the regulator of New Zealand’s electricity system, our role will be ensuring the transition is as efficient as possible while maintaining energy security, system adaptability, and affordability for consumers.

We have set out a vision for the future:

A low carbon, efficient, dynamic, and secure electricity system which empowers consumers to maximise the benefits of electricity

Our focus areas

Available low carbon electricity that makes the most of renewable resources. Consumers have more opportunity to participate in the generation of electricity, and New Zealand is powered by electricity that benefits us and protects our environment.

Accessible electricity that supports the uptake of new technology and diverse electricity use. Consumers have access to reliable electricity across New Zealand and feel empowered to invest in new technology

Affordable electricity that is underpinned by a competitive market. Consumers understand how to make the most of their electricity use and know how to get the best price deal appropriate to their needs.

Ample and reliable electricity that provides trust and confidence in security of supply. Consumers have confidence in the supply of electricity in New Zealand through reliable and responsive generation.

 

Read more about our vision for the future and how we are working to achieve this vision below in the linked documents.