New Zealand is on the path to a low emissions, climate resilient future. Government has set into law a target for net zero greenhouse gas emissions by 2050 (other than for biogenic methane). The Emissions Reduction Plan is one mechanism we are using to focus our collective efforts toward transitioning to a more resilient, low emissions economy.

The New Zealand Energy Quarterly provides quarterly data and analysis on energy supply, demand, prices and associated greenhouse gas emissions. This edition was released in December 2022.

The Ministry of Business, Innovation, and Employment (MBIE) has developed a definition of energy hardship and an initial set of measures that will be used to monitor energy hardship over time.

The 117m construction support vessel, Sapura Constructor, will arrive in New Plymouth tomorrow in preparation for removing the last of the Tui Oil Field’s infrastructure.

The Low Fixed Charge Tariff regulations are currently being phased-out over a 5-year period that started on 1 April 2022. Removing these regulations will create a fairer, more equitable system.

Real and nominal price data relating to New Zealand’s energy prices — petrol, diesel, fuel oil, natural gas and electricity.

In 2018-19, the independent Electricity Price Review investigated whether the electricity market was delivering a fair and equitable price to consumers and considered improvements to future-proof the sector and its governance structures. The Government established new workstreams to action many of the Review’s recommendations.

Removing the Low Fixed Charge Tariff regulations is essential for creating a fairer playing field for all New Zealand households. While all households are expected to benefit in the long term from the regulations being removed, some households may face higher power bills.

There are many underlying, and often complex, causes of energy hardship and any solution will need to address these issues across a number of fronts.

Aotearoa New Zealand will require new generation to meet future electricity demand, according to the latest Electricity Demand and Generation Scenarios (EDGS) report released by the Ministry of Business, Innovation and Employment (MBIE) today.