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Improving our diesel resilience
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Energy consultations and reviews
- Discussion Document: Review of the Engine Fuel Specifications Regulations 2011
- Review of electricity market performance
- Amendments to the Electricity Safety Regulations to expand the permitted voltage range for electricity supply
- Improving our diesel resilience
- Consultation document: Advancing New Zealand’s energy transition
- Investigation into electricity supply interruptions of 9 August 2021
- Electricity Price Review
- 2018-2019 Electricity Price Review
- 2017 energy consultations and reviews
- 2016 energy consultations and reviews
- Older energy consultations and reviews
- Proposal to support the uptake of smart electric vehicle charging
- Consultation document: Draft Fuel Security Plan
Improving our diesel resilience
The Government seeks your feedback on options for increasing New Zealand’s diesel reserves.
On this page
This is the web version of the discussion document 'Improving our diesel resilience'.
The submission form template, details for how to submit, a PDF version of the discussion document and other relevant documents are available on the following page:
In this section
Minister’s foreword
Fuel security is a priority for this Government.
Executive summary
For the foreseeable future, diesel will continue to be our most strategically important engine fuel.
Introduction
A secure fuel supply is critical to our economy and way of life.
Status quo
On a day-to-day basis, New Zealand’s diesel supply is resilient.
Problem definition
There is little commercial incentive for fuel companies to invest in infrastructure to increase their diesel stockholding levels, especially beyond the 21 days’ cover they will be obligated to hold from 1 January 2025.
Objectives
Increasing diesel reserves is one way of mitigating fuel supply disruption risks.
Options to improve New Zealand’s diesel resilience
We have identified 3 options to increase New Zealand’s diesel reserves to 28 days’ cover.
- Option 1: Doing nothing beyond the current MSO settings
- Option 2: Increase the stockholding obligation for diesel from 21 days’ cover to 28 days’ cover
- Option 3: Government procurement of 70 million litres of diesel (equal to 28 days’ cover)
- Option 4: Increase the stockholding obligation for diesel as in Option 2 but the government supports new additional storage
Implementation and evaluation
Increasing our diesel reserves would require investment into additional storage.