Energy
The energy resources in Southland are nationally significant. There is strong competition amongst electricity suppliers largely due to the de-regulation of the industry. Many electricity suppliers are increasingly looking at renewable sources, from wind farms to tidal research. There is also much competition for oil and gas in the Great South Basin as worldwide oil prices continue to climb. New Zealand’s demand for energy continues to increase as the population grows and economic development is strong.
Wind
New Zealand remains a nuclear free country and the Energy Efficiency and Conservation Authority have conducted research which shows New Zealanders prefer wind as a method of electricity generation over other sources.
Meridian Energy built their first South Island wind farm development in 2007 at White Hill, near Mossburn in Southland. This particular farm covers an area 8km x 3km, with 29 2MW turbines generating enough electricity for around 30,000 homes. Southland has strong natural wind sources for this kind of development. There are further developments at Kaiwera Downs and Slopedown in Southland in addition to other inland and coastal opportunities.
Hydro- Electric Power Stations
New Zealand’s largest hydro-electric power station is located in Southland, on Lake Manapouri in Fiordland National Park. It generates a substantial amount of the country’s electricity. There is also another station on the Monowai River.Oil, Gas and Minerals
Southland has seen increased interest from energy related industries eager to explore opportunties within the region. Click here for further information on this industry sector.