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New Zealand's energy, power, and electrical market is characterized by its reliance on renewable energy sources, particularly hydroelectricity, which accounts for over 80% of the country's electricity generation. The market is also notable for its competitive dynamics and its use of innovative pricing mechanisms.
New Zealand energy, power and electrical government procurement
The New Zealand government is committed to sustainable procurement and actively seeks to purchase energy-efficient and renewable energy products and services. In 2022, the government procured approximately NZ$2.3 billion worth of energy, power, and electrical products and services.
The New Zealand government procures a wide range of energy, power, and electrical products and services, including:
New Zealand: Geothermal leader and focus on hydro: Geothermal power plants, hydro power projects, energy efficiency programs for agriculture.
The top authorities for New Zealand energy, power, and electrical procurement are:
Ministry of Business, Innovation and Employment (MBIE)
Government Procurement Office (GPO)
Electricity Authority (EA)
The top winners of New Zealand energy, power, and electrical procurement contracts in recent years include:
Contact Energy
Genesis Energy
Mercury Energy
Meridian Energy
Trustpower.
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