Articles tagged with Shane Jones

Showing 15 of 176 articles

New Zealand Launches $1.2B Gas Transition Loan Scheme to Support Businesses

The New Zealand Government is launching the Gas Transition Loan Guarantee Scheme, offering up to $1.2 billion in bank loans with an 80% Crown guarantee to help businesses reduce gas dependency, protect jobs, and conserve dwindling gas supplies. Budget 2026 allocates $48 million to cover potential losses and $5.9 million to support businesses exploring alternative energy options, aiming to reduce gas use by up to 10 PJ annually while maintaining or increasing production. Additionally, new legislation will require improved transparency in gas supply and demand data to strengthen market confidence and inform better policymaking amid declining gas reserves and rising prices.

Stewart Island Solar Project Begins to Cut Diesel Use and Lower Power Costs

Construction has begun on a government-backed solar energy project on Stewart Island/Rakiura to reduce reliance on diesel-generated electricity and lower power prices. Funded by a $15.35 million loan from the Regional Infrastructure Fund, the project includes a solar farm, battery system, network upgrades, and smart meters, aiming to cut diesel use by up to 75% and reduce electricity costs by up to 35 cents per kilowatt hour. Expected to be completed by early 2027, the initiative will create around 40 construction jobs and provide long-term economic benefits to local industries.

Fast-Track Approval Granted for Kaimai Hydro-Electric Power Scheme Renewal

The Kaimai Hydro-Electric Power Scheme in the Bay of Plenty has received Fast-track approval for re-consenting, enabling its continued operation and supporting New Zealand’s renewable energy goals by generating 169 GWh annually and avoiding 26,693 tonnes of CO2 emissions per year. This approval, the 23rd under the Fast-track process, took five and a half months following an independent expert panel review and highlights the scheme’s critical role in supplying electricity to approximately 24,600 households and contributing significantly to Tauranga's demand. The Fast-track process aims to expedite important infrastructure projects efficiently, with 46 projects currently progressing and 149 eligible under the Fast-track Approvals Act.

New Petroleum Exploration Permit Application Sparks Confidence in New Zealand Energy Sector

The fourth petroleum exploration permit application since the lifting of the exploration ban has entered New Zealand's open market competitive process, signaling renewed investor confidence in the sector. The application, submitted by a joint venture led by East Coast Energy Ventures Limited, aims to explore onshore and offshore areas in Waikato, with a staged work program starting with seismic data reprocessing. Resources Minister Shane Jones emphasizes that responsible new exploration is vital for maintaining energy security as existing gas fields mature and production declines, despite ongoing investments in renewables.

New Zealand Signs Historic Deal with Z Energy for 90 Million Litres of Diesel

The New Zealand Government has signed a groundbreaking contract with Z Energy to secure nearly 90 million litres of additional diesel, enhancing the country's fuel resilience by about nine days' supply. The diesel will be stored in refurbished tanks at Marsden Point, with infrastructure upgrades underway to increase fuel storage capacity and strengthen strategic resilience amid global uncertainties. This agreement, the first of its kind, limits the Crown's financial exposure while allowing Z Energy to manage the diesel, with the government maintaining control over its market release.

New Zealand’s Updated Fuel Response Plan Ensures Supply Amid Global Uncertainty

The New Zealand Government has refined its Fuel Response Plan in collaboration with business and industry to prepare for a potential prolonged global fuel shortage, focusing on maintaining sufficient supply and protecting the economy. Key measures include securing additional diesel reserves, simplifying priority user frameworks, and implementing phased responses that prioritize critical services while encouraging voluntary fuel-saving plans for other sectors. The plan is designed to be flexible and adaptable, relying on industry cooperation and ongoing international engagement to ensure fuel resilience amid global market volatility.

New Zealand Updates Marine Aquaculture Rules to Boost Growth and Innovation

The Government has updated the National Environmental Standards for Marine Aquaculture to simplify regulations, reduce costs, and support innovation while maintaining environmental protection. These changes aim to ease consenting processes, enable research and trials, and provide clearer national direction, contributing to the sector’s growth toward a $3 billion annual revenue goal. The updates, effective from June 4, are part of broader reforms to improve resource management and support sustainable economic development in New Zealand.

Have Your Say on Protecting Auckland and Coromandel Shellfish Sustainability

Proposals to protect shellfish and marine species in Auckland and Coromandel intertidal zones are open for public consultation, aiming to address concerns about over-harvesting and ecosystem sustainability. Officials, supported by local communities and tangata whenua, seek feedback on potential area closures and restrictions to help shellfish beds recover while managing pollution and runoff. These measures follow a successful two-year ban on gathering sea life in parts of the northern Hauraki Gulf, with the goal of balancing conservation and continued public enjoyment of coastal resources.

Fast-Track Approval Granted for Pound Road Industrial Land Development in Christchurch

The Pound Road industrial land development in Christchurch, covering 60.4 hectares and providing up to 84 industrial lots, has received Fast-track approval, marking the 20th project approved under this process and the seventh in the South Island. This project is expected to contribute $451 million to the economy during construction and support long-term economic growth by accommodating light manufacturing, warehousing, and logistics, while providing infrastructure such as roads and three-waters services. The Fast-track process continues to facilitate significant regional developments, with 45 projects currently progressing and approvals granted under various acts to streamline growth and job creation.

Parihaka Infrastructure Upgrades Complete to Preserve Historic Māori Site

Major infrastructure upgrades at Parihaka in Taranaki, supported by $19.8 million in government funding and $8.5 million in community investment, have been completed to strengthen and protect this historically significant Māori site. The improvements to roads, water, lighting, and public amenities enhance flood resilience, reduce environmental risks, and enable future housing while honoring Parihaka’s legacy of non-violent resistance and Māori self-determination. These upgrades fulfill commitments under the Parihaka Deed of Reconciliation Agreement and support the community’s ongoing role as a symbol of peace, justice, and learning for future generations.

New Zealand Secures Extra Diesel Supply to Boost Fuel Reserves and Security

The New Zealand Government has secured an additional nine days' supply of 90 million litres of diesel through a letter of intent with Z Energy to enhance fuel reserves amid global market uncertainties. This fuel will be stored at Marsden Point in refurbished tanks funded by a $21.6 million investment, with the Crown controlling its release to strengthen economic and fuel supply resilience. The agreement, resulting from a competitive procurement process, provides strategic insurance to ensure reliable diesel supply crucial for the economy while not counting towards fuel companies' minimum stockholding obligations.

Coalition Expands Granny Flat Consent Exemptions for Faster, Flexible Builds

The Coalition Government is expanding the granny flat building consent exemption to enable faster construction, more homeowner choices, and inclusion of off-site building methods, while maintaining safety and quality standards. Key changes include allowing off-site construction of consent-exempt granny flats before a Project Information Memorandum (PIM) is issued and expanding exemptions to include Structural Insulated Panels with CodeMark certification. These reforms, supported by multiple ministers, aim to cut red tape, reduce costs, and boost productivity in the housing sector, with new rules expected by Q3 2026.

New Zealand Rail Rebuild: Launch of Waltham Hub & Advanced DM Locomotives

The speech highlights New Zealand’s significant investment in rebuilding and modernizing its rail infrastructure, including new maintenance facilities and advanced locomotives, which has improved reliability, profitability, and freight movement from road to rail. It emphasizes the environmental and economic benefits of rail transport, the importance of practical support from local authorities, and encourages communities to develop viable public transport proposals using existing infrastructure. The launch of the Waltham Maintenance Hub and new DM Class locomotives marks a key milestone in revitalizing the rail industry and restoring confidence in its future.

Government Grants $22 Million to Support New Zealand Regional Airlines and Connectivity

Three regional airlines—Air Chathams, Sounds Air, and Island Air—will receive loans from the $30 million Regional Infrastructure Fund to refinance debt, upgrade fleets, and maintain essential air services connecting remote communities. Regional Development Minister Shane Jones and Associate Transport Minister James Meager emphasize the importance of these airlines for regional connectivity, economic wellbeing, and access to healthcare, especially amid pressures from rising fuel costs and global uncertainties. The government is also considering temporarily adjusting loan conditions to support airlines further and continues to assess additional funding applications.

Fast-Tracked Waitaha Hydro Project to Boost West Coast Renewable Energy

A fast-tracked 23MW Waitaha Hydro project in the Waitaha Valley, supported by Westpower Limited and Poutini Ngāi Tahu, aims to generate renewable electricity for 12,000 homes and reduce CO₂ emissions by 129,000 tonnes annually, enhancing the West Coast’s energy resilience and lowering high electricity costs. The project, which took about 20 years to progress and received necessary approvals within five months under the Fast-track Approvals Act, is expected to create 71 full-time jobs during its $160-$200 million construction phase. This initiative also contributes to New Zealand’s broader energy system by managing dry-year hydro risks and supporting local economic development.