News

The Government has amended the Crown Minerals Act 1991 (CMA) to provide flexibility in how the Government manages Crown-owned petroleum and minerals.

87% of electricity generated over 2022 came from renewable sources, the Ministry of Business, Innovation and Employment (MBIE) annual report into the energy sector shows.

A small-scale geothermal energy project that received government funding is now up and running, and providing more affordable heating to 15 new whare.

The government is seeking feedback on an ambitious programme of work to transition New Zealand towards a low emissions economy, with consultation on 5 streams of energy policy launched today.

About 110,000 households could not afford to keep their homes adequately warm for the year ending June 2022, with Māori and Pacific households, renters and low-income households more likely to experience energy hardship, analysis released today shows.

The renewable share of electricity generation was at 87.5% in the March quarter of 2023. This is the highest share for a March quarter since 1996, according to data released today by MBIE.

The Government is partnering with New Zealand Steel to deliver New Zealand’s largest emissions reduction project to date, with half of the coal being used at Glenbrook steel to be replaced with electricity to recycle scrap steel.

The Ministry of Business, Innovation and Employment (MBIE) is asking for feedback on a set of draft assumptions about the future state of the electricity system, as part of the process for preparing our regular Electricity Demand and Generation Scenarios (EDGS) publication.

New Zealand Petroleum and Minerals has granted an offshore petroleum exploration permit after a court-ordered reconsideration and released the Block Offer 2020 Invitation for Bids for onshore petroleum exploration in Taranaki.

The Ministry of Transport and MBIE are running a consultation on a draft Electric Vehicle charging strategy: Charging Our Future. The strategy sets out the Government’s long-term strategic vision for Aotearoa New Zealand’s national Electric Vehicle charging infrastructure system.