Energy News & Articles
Genesis, Mercury, Meridian, and Contact Establish Strategic Energy Reserve to Boost Energy Security and Affordability in New Zealand
1 day ago | 111 viewsEnergy Ministers Simon Watts and Shane Jones welcome the establishment of a strategic energy reserve by major power companies in New Zealand to enhance energy security and maintain affordable prices. The initiative aims to address vulnerabilities in the energy system highlighted by last year's dry winter, which led to high prices and pressure on industries and households. The government is taking steps to strengthen the energy system by ensuring fuel supply security, supporting investment, and enhancing market competition to reduce costs and promote economic growth.
Tags: Simon Watts Shane Jones Genesis Mercury Meridian Contact New Zealand energy reserve energy security affordable energy pricesNew Zealand Petroleum Exploration Permits Open in September: Crown Minerals Amendment Bill Impact
5 days ago | 252 viewsThe Crown Minerals Amendment Bill, following its third reading, will allow operators to apply for new petroleum exploration permits starting in September. The Bill removes the ban on oil and gas exploration beyond onshore Taranaki, introduces a new tier of permit for small-scale non-commercial gold mining, and aims to boost investment in Crown-owned minerals. Changes in liability for decommissioning costs and the need for clarity in regulatory burden and risk are also addressed in the Bill to enhance investor confidence and energy security.
Tags: Shane Jones petroleum exploration permits Crown Minerals Amendment Bill oil and gas exploration energy security natural gas decommissioning investment liabilityUnleashing New Zealand's Geothermal Potential: A Vision for Sustainable Development
6 days ago | 167 viewsThe Minister for Resources and Regional Development welcomes attendees to the launch of a draft strategy to unlock New Zealand's geothermal potential, highlighting the historical significance and current opportunities of geothermal resources. Geothermal energy plays a vital role in New Zealand's electricity generation and various industries, contributing to economic growth and innovation, with plans to double geothermal energy use by 2040 and explore supercritical geothermal technology for increased energy production. The government aims to establish New Zealand as a global leader in sustainable geothermal development through collaborative efforts with stakeholders, including iwi, to drive regional economies and achieve energy resilience.
Tags: Minister for Resources Regional Development Tania Tapsell David Trewavas Rotorua Taupō New Zealand Geothermal Association Māori Kiwi geothermal resourcesNew Zealand's Geothermal Energy Expansion Plan for 2040: Unlocking Potential
6 days ago | 240 viewsNew Zealand aims to double geothermal energy production by 2040 to tap into its rich resources, positioning the country as a global leader in sustainable geothermal development. The draft strategy, "From the Ground Up," seeks to drive innovation, resilience, and economic growth through geothermal utilization. The plan includes expanding geothermal applications beyond electricity generation, fostering innovation, and strengthening regional economies and the Māori economy.
Tags: Shane Jones geothermal energy New Zealand Resources Minister electricity generation sustainable development innovation Māori economy industrial growth consultationKiwi Electricity Bill Savings Boosted by New Energy Market Changes
2 weeks ago | 264 viewsThe Electricity Authority announced changes aimed at reducing electricity bills for Kiwi households and businesses, with a focus on fair pricing for rooftop solar and battery exports and introducing time of use plans. The government is also working on a review of the electricity sector to ensure fair prices and address energy shortages. These changes are expected to incentivize uptake of solar and battery systems, reduce power prices over the long term, and enable small-scale systems to meet peak demand.
Tags: Kiwi households businesses electricity bills Energy Minister Simon Watts Associate Energy Minister Shane Jones solar electricity generation power bills electricity sector electricity marketNew Zealand Fuel Security Plan: Ensuring Reliable Access to Fuel for Economic Resilience
3 weeks ago | 275 viewsThe Coalition Government is seeking feedback on a draft Fuel Security Plan to ensure reliable fuel access for New Zealanders during disruptions, focusing on improving resilience, infrastructure, low-carbon alternatives, and managing the transition to new energy technologies. Associate Energy Minister Shane Jones emphasizes the importance of fuel security for economic and national resilience, highlighting recent measures to boost reserves and improve storage locations. Public submissions on the plan are open from July 15 to August 25, with feedback accepted through the MBIE website.
Tags: Shane Jones Fuel Security Plan New Zealand Energy Minister Resilience Supply Chain Fuel Infrastructure Economic Wellbeing National ResilienceBoosting Regional Energy Security: $28.1 Million Loans for Solar Projects in New Zealand
1 month ago | 554 viewsThree solar projects in regional New Zealand will receive loans of up to $28. 1 million combined from the Regional Infrastructure Fund to ensure security of local energy supply and community resilience, Regional Development Minister Shane Jones and Energy Minister Simon Watts say. “The loans for these projects in Bay of Plenty, Hawke’s Bay and Rakiura/Stewart Island will allow them to get under way this year, helping them to improve economic prosperity and resilience.
Tags: Bay of plenty Central hawke ’ s bay Centralines ltd Coalition government Hawke ’ s bay New zealand Of plenty Ongaonga Rakiura Regional development Regional infrastructure fund Shane jones Simon watts Southland district council Stewart island Te huata charitable trustTargeted action on suicide prevention
1 month ago | 290 viewsThe Minister for Mental Health Matt Doocey has today launched the Government’s Suicide Prevention Action Plan which sets out a five-year whole-of-government approach to preventing suicide in New Zealand. “I want to acknowledge the people who have lost their lives to suicide, those struggling with their mental health or addiction, and those with lived experience or who have been affected by suicide,” Mr Doocey says. “New Zealand continues to face stubbornly high suicide rates.
Tags: Matt doocey New zealand Suicide prevention action plan