PROJECTS
Regulatory Reform to Optimize Investment in Battery Storage and Other Emerging Technologies, New Zealand
The problem
Investment in disruptive energy sector technologies in New Zealand was being hindered by regulations developed years earlier. These regulations forbade distribution companies from owning generation assets or selling electricity. New technologies, such a battery storage, provide both monopoly (network) and competitive services. This blurs the line between what is a regulated monopoly and what is in the competitive market, making the application of the existing regulatory model uncertain and less efficient.
How we helped
Castalia developed a framework for how regulation of the electricity sector should respond to emerging technologies such as battery storage. We analyzed how other countries were approaching the technological change in electricity markets, identified what changes were needed in New Zealand, and recommended how to regulate distribution companies’ investment in storage and other disruptive technologies.
Impact
Our framework was used by policy-makers as part of an ongoing review of the electricity sector.
Our team
How can we help you?
How can we help you?
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia
Thinking for a better world.
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia