The latest Energy Quarterly data release from the Ministry of Business, Innovation & Employment (MBIE) shows renewables generated 94.5% of all electricity in the March 2026 quarter, up from 83.2% in the same quarter last year, says MBIE Domains Manager Amapola Generosa.
From today, MBIE will begin consulting on a new two-layer winter energy reliability obligation to strengthen the electricity sector to secure enough long-duration firm generation to efficiently get the system through a dry winter.
Annual petroleum reserves data released today by the Ministry of Business, Innovation and Employment (MBIE) shows as of 1 January 2026 New Zealand’s natural gas proven plus probable (2P) reserves declined 23% from last year to 731 petajoules (PJ), the lowest level since recording began 20 years ago, says Amapola Generosa, Domains Manager, MBIE.
There are sufficient levels of fuel in New Zealand, and on the way. However, it is important we plan and prepare for the unlikely event of a prolonged global fuel shortage.
New requirements for electric vehicle chargers supplied in New Zealand will help increase the uptake of smart electric vehicle charging across the country and reduce pressure on the electricity grid.