Day One, Tuesday 30 March 2004 Day Two, Wednesday 31 March 2004
last modified: 06/04/2004 (London) |
Day One, Tuesday 30 March 2004
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08.30 | Registration and welcome coffee |
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| 09.00 | Opening remarks from the chair
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Mike Underhill, Chief Executive, WEL Networks
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| 09.10 | Keynote Presentation - The Electricity Commission's mission
New Zealand faces a huge energy gap as Maui gas field nears the end of its life and the Waikato coal supply runs down. How will the industry tackle this challenge and secure the significant investment the energy sector requires to meet increasing demand?
- Teething troubles or steaming ahead?
- Adapting to change
- Ensuring security of supply
- Plans for reserve generation
- Conflicts that may arise and how they will be handled
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Roy Hemmingway, Chairman, Electricity Commission | Presentation:
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| 09.45 | A renewables future
- Our renewable energy future
- With or without Project Aqua
- The costs of the planning process - will this deter other projects?
- How generation and irrigation fit together
- Opportunities for future investment in renewables
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Dr Keith Turner, CEO, Meridian Energy
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| 10.15 | Energy security, the role of coal and other fossil fuels
- Likely growth in energy demand
- Options to meet the shortfall in energy supply
- Coal and gas options - availability and cost
- How will coal be acceptable?
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Don Elder, Chief Executive, Solid Energy New Zealand | Presentation:
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10.40 | Morning Tea |
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| 11.10 | Improving hedge market arrangements and demand-side participation
- What is DSP in the wholesale market and why is it an issue?
- Real time pricing - should it be used for settlement?
- Next steps for improving DSP
- Why promote hedge and futures markets?
- International experience of promoting contracts markets
- Using hedge market regulation to achieve a liquid contracts market
- Using a contracts market to reinforce reserve generation and security of supply
- Implications for policies on vertical integration and retail competition
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Carl Hansen, Chief Economist, M-Co, the MarketPlace Company | Paper:
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| 11.40 | What’s hot and what’s not in the NZ Gas Industry
- Current state of the NZ gas market and supply/demand balance
- Why gas remains a preferred fuel
- NZ needs further hydrocarbon discoveries. What’s stopping this?
- Impact of Government policy on energy markets and investment
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Richard Tweedie, Managing Director, Todd Energy | Presentation:
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| 12.05 | Business of power – the user’s view
- The balance of power after 18 years of industry restructuring
- Has the fundamental objective of timely investment in generation been achieved?
- What can users do and what are we doing about ensuring our own energy supply security in this uncertain climate?
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Moderator: Terrence Currie, Chairman, Major Electricity Users Group | Paper:
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Barbara Elliston, Director, Comalco | Presentation:
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Graeme Everett, Senior Optimisation Specialist, Norske Skog Tasman | Presentation:
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Jackson McAdam, Power Generation Solutions, Goughs CAT | Presentation:
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Russell Longuet, Energy Manager, Carter Holt Harvey Len Jubber, Chief Operating Officer, Oceanagold | Presentation:
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12.50 | Lunch |
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| 14.00 | Future Energy Scenarios – forecasting the future until 2025
- The shape of gas, oil and electricity markets to come
- Adapting to change
- Keeping options open but addressing low lead times
- The market vs central decision-making processes
- Implications for prices
- Other issues arising
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David Smol, Deputy Secretary, Ministry of Economic Development | Presentation:
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| 14.25 | Managing offshore gas production
- The BassGas Project (overview, status and its importance to Victoria)
- The Kupe gas field
- Comparisons between the Kupe & Yolla gas fields
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Wayne Gregory, National Manager Public Affairs, Origin Energy | Paper:
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| 14.45 | New Zealand’s map of generation in 2008 and beyond
- Assessing the level of new renewable generation that could be developed
- Gas, coal, LNG or renewables?
- Geothermal – is it the best hope?
- What could happen to encourage more discovery and development of domestic gas fields?
- Addressing long lead times on new generation and fuel sources.
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Stephen Barrett, CEO, Contact Energy | Presentation:
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| 15.00 | Panel Discussion
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Moderator: Bryan Leyland, Principal, Sinclair Knight Merz | Paper:
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Stephen Barrett, CEO, Contact Energy | Presentation:
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David Smol, Deputy Secretary, Ministry of Economic Development | Presentation:
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Dr Keith Turner, CEO, Meridian Energy
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15.40 | Afternoon Tea |
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| 16.00 | LNG – the answer to the gas problem?
- Will NZ turn to LNG?
- How much is available and how reliable is it?
- Logistical issues – getting it here, converting and transmitting it.
- Looking at case studies in the USA, Japan and Europe. Can NZ benefit too?
- LNG versus new exploration in New Zealand
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Victor Ojeda, New Business Development Manager, Shell New Zealand | Presentation:
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Peter Griffiths, Managing Director, BP Oil New Zealand | Presentation:
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Michael Cummings, General Manager Gas Processing, NGC Holdings | Paper:
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| 16.40 | Zero CO2 emissions from fossil fuels - is it possible?
- Can CO2 Storage provide the answer?
- The technology available out there
- Will it be available at the right time and at the right cost?
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Barry Hooper, Head of Co2 Capture Program, CRC for Greenhouse Gas Technologies | Paper:
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Alex Malahoff, Chief Executive, Institute of Geological and Nuclear Sciences | Paper:
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17.15 | Closing remarks from the chair |
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17.20 | Close of day one |
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Day Two, Wednesday 31 March 2004
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08.30 | Welcome coffee |
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| 09.00 | Opening remarks from chair
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Bill Heaps, Director, Stratagen
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| 09.10 | The Commerce Commission’s Role in the Energy Sector
- Development of the electricity lines business regulatory regime
- Gas pipelines services regulatory control enquiry
- Key Commission decisions relating to the sector
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Paula Rebstock, Chairman, Commerce Commission | Presentation:
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| 09.45 | Gas and governance – a different path?
- Balancing regulation with the need for investment in generation and infrastructure
- Lessons learnt from the past and how this should shape the future
- An overview of current regulatory discussions
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Elizabeth Welson, Partner, Simpson Grierson | Presentation:
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| 10.15 | Upgrading the Grid
- Transpower's proposal for grid augmentation
- Making investments under the new regulatory environment
- How will pricing be affected?
- Obtaining resource consents for new transmission lines
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Dr Ralph Craven, CEO, Transpower | Presentation:
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10.45 | Morning coffee |
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| 11.15 | Wind power – how will it fit into the future mix of generation?
- The Genesis project
- Availability and reliability
- How much backup is needed and what will it cost ?
- Overcoming obstacles to development
- Where will the capital come from and what are other cost factors?
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Murray Jackson, Chief Executive, Genesis Power | Presentation:
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Chris Freear, Business Development Manager, Windflow Technology | Paper:
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| 11.45 | Getting the power to the consumer - Investment in the Networks
- Regulation – is it justified? If so what form is optimal for NZ consumers?
- Impact of regulation on lines companies
- Macro versus micro economic benefits
- What happens when investment is stalled - the New York crisis all over again?
- What business environment do lines companies want in order to make investment decisions?
- Considerations in financing infrastructure development
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Steven Boulton, Chief Executive Officer, Powerco New Zealand | Presentation:
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Mark Franklin, Chief Executive Officer, Vector | Presentation:
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12.25 | Lunch |
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| 13.40 | The investment community’s view
- Impact of regulation on investment in infrastructure and new generation
- What the regulators and the industry should know
- Feedback from investors
- Questions being asked
- Likely patterns of investment in the future
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James Miller, Head of Research, ABN Amro | Presentation:
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Malcolm Allan, Head of Energy&Resources, NZ, Westpac Institutional Bank | Paper:
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| 14.20 | Developments in gas turbine technology
- Introducing the LMS100 - the latest breakthrough from GE in gas turbine design
- Designing specifically for the peaking market and the benefits this brings
- Making the most of features such as aero design, intercooler use
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Michael Reale, LMS100 Program Manager, GE International | Presentation:
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| 14.45 | Keynote Address - Incentives and Regulartory Framework for the energy sector
- Energy and environmental policy goals
- National Energy Efficiency and Conservation Strategy
- Role of the Electricity Commission
- Avoiding electricity crises - reserve generation
- The need for investment in the transmission grid
- Resource Management Act
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Pete Hodgson, Energy Minister, New Zealand Government
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15.20 | Afternoon tea |
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| 15.50 | The Energy Year in Review - winners and losers
- A look at best practice in the energy sector.
- Is NZ Inc better off?
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Heather Staley, Chief Executive, Energy Efficience & Conservation Authority (EECA) | Presentation:
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| 16.15 | Panel Discussion - Always look on the bright side of life
- Uptake of energy efficiency?
- The role of renewables
- Effects with and without Aqua
- What is the Government’s view of the trade-off between cost and security?
- How can the Government reduce uncertainty over the level of the carbon charge?
- How can the Government facilitate the resource consent process whilst ensuring sound environmental outcomes?
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Moderator: Barry Carbon, CEO, Ministry for the Environment | Presentation:
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Murray Jackson, Chief Executive, Genesis Power | Presentation:
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Andrew Smith, Manager, Energy Markets Information and Services, Ministry of Economic Development | Presentation:
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17.00 | Closing remarks from the chair |
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17.10 | Close of conference |