Key Market Indicators
New Zealand's energy consumption is projected to rise to approximately 0.86 exajoules by 2028, up from 0.84 exajoules in 2023. This marks an annual compound growth rate of 0.4%. Since 1970, New Zealand's energy demand has seen a year-on-year decrease of 2%. In 2023, the country ranked 60th in global energy consumption, with Portugal slightly ahead at 0.84 exajoules. Leading the rankings are the United States, India, and Russia, occupying the second, third, and fourth positions, respectively.
