Potential offtaker

Mercury NZ Ltd

www.mercury.co.nz

Estimated electricity consumption

N/A

Countries of production presence

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Mercury NZ Ltd is a leading energy company operating in New Zealand's Hydropower Energy - Regulated sector. The company has been in operation for over 90 years and has a strong reputation for delivering reliable and sustainable energy solutions to its customers. With a focus on decarbonisation and renewable energy, Mercury NZ Ltd is committed to reducing its carbon footprint and helping New Zealand transition to a low-carbon economy.

One of the key areas of focus for Mercury NZ Ltd is corporate energy. The company works with businesses of all sizes to help them reduce their energy consumption and costs. This includes providing energy audits, energy management systems, and advice on how to implement renewable energy solutions. Mercury NZ Ltd also offers corporate power purchase agreements (PPAs), which allow businesses to purchase renewable energy directly from the company.

Corporate PPAs are becoming increasingly popular as businesses look for ways to reduce their carbon footprint and meet sustainability targets. Mercury NZ Ltd offers a range of PPA options, including fixed-price and flexible contracts, to suit the needs of different businesses. By purchasing renewable energy through a PPA, businesses can reduce their reliance on fossil fuels and demonstrate their commitment to sustainability.

In addition to working with businesses, Mercury NZ Ltd is also committed to decarbonising its own operations. The company has set ambitious targets to reduce its carbon emissions and increase its use of renewable energy. This includes investing in new renewable energy projects, such as wind and solar, and upgrading its existing hydropower facilities to improve efficiency and reduce emissions.

One of the key advantages of hydropower is its ability to provide reliable, baseload power. Mercury NZ Ltd operates a number of hydropower stations throughout New Zealand, which generate electricity by harnessing the power of water. These stations are highly efficient and have a low carbon footprint, making them an important part of New Zealand's renewable energy mix.

Mercury NZ Ltd is also investing in new technologies to further reduce its carbon footprint. The company is exploring the use of battery storage and other forms of energy storage to help balance the grid and integrate more renewable energy into the system. By investing in these technologies, Mercury NZ Ltd is helping to create a more flexible and resilient energy system that can adapt to the changing needs of customers and the environment.

Overall, Mercury NZ Ltd is a leading energy company that is committed to decarbonisation and renewable energy. Through its work with businesses, investment in new technologies, and operation of efficient hydropower facilities, the company is helping to create a more sustainable energy future for New Zealand. With a strong focus on innovation and sustainability, Mercury NZ Ltd is well positioned to continue leading the way in the energy sector for years to come.

✓ Declared Net Zero commitment