Aotearoa New Zealand Energy Strategy

The Government is developing an Aotearoa New Zealand Energy Strategy to support the transition to a low carbon economy, address strategic challenges in the energy sector, and signal pathways away from fossil fuels.

The Emissions Reduction Plan outlined the Government’s commitment to develop a strategy to achieve its vision for the energy and industry sectors. The vision is that by 2050 Aotearoa has a highly renewable, sustainable and efficient energy system that is accessible and affordable, secure and reliable, and supports New Zealanders’ wellbeing.

The Energy Strategy will help set the pathways to navigate our way through the energy trilemma and to provide certainty for the sector, industry and consumers. It will set the direction for New Zealand’s pathway away from fossil fuels and towards greater levels of renewable electricity and other low emissions alternatives.

MBIE will collaborate and engage with treaty partners and work with energy system stakeholders to develop the Energy Strategy by the end of 2024.

Scoping of what the Energy Strategy could look like is underway. There will be opportunities for engagement during its development.

During consultation on the Emissions Reduction Plan submitters expressed a desire for the Energy Strategy to provide long term signals about the broader sector’s direction of travel, the interconnected nature of the energy system, and the role of the energy system in driving decarbonisation more widely across the economy.

Submitters also noted that an Energy Strategy must consider broader objectives beyond decarbonisation to ensure the energy system manages the trilemma of security, affordability, and sustainability. The development of a Gas Transition Plan, a Hydrogen Roadmap, and a regulatory framework for offshore renewable energy will take place alongside the Energy Strategy and will provide key inputs into the strategy.

Engagement

There will be opportunities for interested parties to provide input during the development of the Energy Strategy.

To be kept abreast of those opportunities and to receive updates on the progress of the Energy Strategy please register your interest at energystrategy@mbie.govt.nz

Last updated: 16 May 2022