k14:
Correct (sort of). Whilst the RMA gets a bad wrap, it is reasonably straight forward to consent a wind farm and geothermal station, the majority of which those "already consented" stations are (it is a different story for hydro though). However, because the NZ electricity market is fully privatised, the missing link is return to investors. Because all the "mums and dads" want to ensure return on investment (steady dividends) they want to be damn sure the demand (wholesale electricity price) is there before investing in a new station. Because of the small grid size relative to the incremental increase in energy any decent size station may deliver, there is a real risk that the additional supply can suppress the wholesale market price and undermine the investment.
The History NZ's power system is replete with numerous years of required winter "energy savings"- heck the most recent mandatory brownouts were in 1992 , when all generation was still under single government ownership.
Privatisation is not the source of the problem of under building the grid in NZ. its the heavy reliance on Hydro that has very little storage....
when we have a very cold dry winter there is not much extra to go around if at all...