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| | Reserve Generation Submissions: No. 03: Transpower New Zealand Limited |
 | | Figure 3 below presents an annual forecast, based on 4% per annum demand growth, Transpower's estimates of existing generation, historical inflow data for the major hydro catchments, and the MED's estimates of future in-market generation. |
 | | This basic, annual analysis indicates that New Zealand currently has sufficient energy headroom to manage even a 1 in 60 dry year, if it is used efficiently during each year. |
 | | In the latter category, mean inflows of the small and new hydro are assumed, as are Transpower's estimates of the average availability of existing non-hydro plant (it is assumed that New Plymouth is already downgraded). |
| www.med.govt.nz /ers/electric/supply-security/submissions/03/03-09.html (285 words) |
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