Project Aqua was a
hydroelectric
Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and ...
scheme proposed for the lower
Waitaki River
The Waitaki River is a large braided river that drains the Mackenzie Basin and runs some south-east to enter the Pacific Ocean between Timaru and Oamaru on the east coast of the South Island of New Zealand. It starts at the confluence of the ...
in
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
. Although the scheme had considerable support from some locals, it met with opposition from many other groups, and
Meridian Energy
Meridian Energy Limited is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is ...
decided in March 2004 not to go ahead with the project.
The plan
The plan was to divert river water at the rate of up to 280 cubic metres per second into a separate canal for six power stations. This was on top of the three dams already in the upper Waitaki. The scheme would have produced approximately 520MW of power — enough to supply a city the size of
Christchurch
Christchurch ( ; mi, Ōtautahi) is the largest city in the South Island of New Zealand and the seat of the Canterbury Region. Christchurch lies on the South Island's east coast, just north of Banks Peninsula on Pegasus Bay. The Avon River / ...
.
Objections
The objections to the scheme included land issues, the disruption during construction, and concerns about the sustainability of the river. Meridian was working on a large scale mitigation process, whereby issues could be identified and mitigated, when the scheme was finally canceled.
Abandonment and impact
On 29 March 2004, Meridian announced that they would not continue with Project Aqua. Among their reasons were the uncertainty in gaining access to the water, that Aqua could not come on line soon enough to meet New Zealand's growing electricity demand, the amount of money it was costing the company, design changes due to geology reports, and the
Resource Management Act
The Resource Management Act (RMA) passed in 1991 in New Zealand is a significant, and at times, controversial Act of Parliament. The RMA promotes the sustainable management of natural and physical resources such as land, air and water. New Zea ...
making it difficult to get consent for large water based projects.
Meridian's 2004 annual report states that they lost
NZ$
The New Zealand dollar ( mi, tāra o Aotearoa; sign: $, NZ$; code: NZD) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New ...
38.7 million on the project. At the time of cancellation they had spent considerably more than this, but much of the expenditure was for assets such as land that they would later sell.
Possible alternative scheme
Subsequently, Meridian proceeded to develop an alternative hydroelectric scheme along the same stretch of the
Waitaki River
The Waitaki River is a large braided river that drains the Mackenzie Basin and runs some south-east to enter the Pacific Ocean between Timaru and Oamaru on the east coast of the South Island of New Zealand. It starts at the confluence of the ...
- the
North Bank tunnel project. They received water uses consents from
Environment Canterbury
Environment Canterbury, frequently abbreviated to ECan. is the promotional name for the Canterbury Regional Council. It is the regional council for Canterbury, the largest region in the South Island of New Zealand. It is part of New Zealand's s ...
in December 2008 but work on the project was suspended in January 2013.
References
External links
Waitaki River Users Liaison Group- Press release on the proposal
{{Meridian Energy, state=autocollapse
Environmental issues in New Zealand
Hydroelectricity in New Zealand