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Business initiatives on sustainability, increased investment in renewable energy development and a strong commitment to improving energy efficiency across the Todd Energy group all contribute to Todd Energy’s plans to meet the future energy needs of our customers. Investing in renewable energyA significant proportion of Todd Energy’s electricity production is based on hydro and geothermal generation that harnesses fully renewable energy sources to meet the needs of our customers.
More recently through our Nova Energy solar division we have designed and are now producing the new SolarElite solar hot water heating panel. These panels offer world class solar water heating performance, are independently AS/NZS 2712:2007 quality certified and are backed by a 7 year warranty. By harnessing the sun’s free energy, every installed solar panel cuts New Zealand’s greenhouse gas emissions by around 1.4 tonnes of carbon emissions every year. Turning greenhouse gas into energyTodd Energy subsidiary, Nova Energy, pioneered collection of methane from landfills in New Zealand. This gas is a natural by-product of the landfill process and includes methane – a harmful greenhouse pollutant. Utilising this methane at landfill sites not only has the environmental benefit of keeping it out of the atmosphere but also allows a previously wasted resource to be converted into a useable energy source. Todd Energy continues to invest in systems to capture and harness landfill gas to power local business – either as a substitute for natural gas or for onsite electricity generation. Working towards a sustainable futureFurther renewable energy projects in progress or being evaluated include a hydro project on the upper Kaituna River, a number of potential wind-farms and investigations into new tidal-generation technologies. Where practical, Todd Energy generation is located close to where the energy is used to minimise transmission losses and the need for costly new transmission lines. Todd Energy’s commitment to a sustainable energy supply for future generations is underpinned by a strong focus on ensuring our customers use the best technology, best practices and most appropriate energy sources for maximum efficiency. | ||||
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