Sustainable Economics: The energy challenge facing NZ

Soaring wholesale electricity prices captured the attention of all and sundry and for good reason
The surge in prices disrupted the NZ economy. Q3 GDP will be weaker than would otherwise be the case. Export receipts will be impacted, and there is a risk of a rise in unemployment if more businesses close
But it’s also put the spotlight back on the immense challenge involved in transitioning to a highly-renewable electricity system, where demand is also expected to grow at an unprecedented pace