Generation Philosophy |
As an electricity generator, TrustPower operates a business that is reliant on natural and physical resources to provide the energy needs of communities and businesses throughout New Zealand.
As a business, TrustPower must perform to a level that can attract and retain investment. At the same time, it must be equally aware of society’s environmental performance expectations, and the need to deliver energy at a reasonable cost to consumers and minimal cost to the environment.
In New Zealand, the use of resources is governed by the Resource Management Act (RMA). The RMA, with its main goal of sustainable management of natural and physical resources, places an onus on all stakeholders to find a balance that best serves communities both now and in the future.
TrustPower is very conscious of the environmental expectations of its stakeholders, including communities that live in that environment, and investors. It is also well aware of the bigger picture. We have no plans to build anything other than sustainable generation, other than for small scale peaking facilities where there are significant opportunities in terms of transmission and cost efficiency, and improved security of supply.A philosophy of owning, constructing and operating generation facilities means the company believes can deliver the best overall outcome for all concerned.
TrustPower fully recognises the need to balance efficiency with practicality, and as a consequence all of its existing and proposed new generation facilities are located close to demand, maximising efficiency through the minimisation of transmission losses the need by others to invest in new transmission infrastructure. The Company has no plans to develop anything other than sustainable generation in the future, unless circumstances dictate that there is no other viable option.
TrustPower respects the environments in which it operates, and regards its role as a caretaker as well as an owner and operator of facilities. It has set for itself, and abides by, the following Environmental Policy, signed off by TrustPower’s Board of Directors after development by those responsible for its day-to-day implementation.
This, along with TrustPower’s reputation for improving and responsibly managing its generation facilities, clearly demonstrates the Company’s environmental commitment.
