Offshore renewable energy in New Zealand
Offshore renewable energy is energy generated from a renewable source, such as wind, sunlight, waves or tidal currents, using developments located in, on, or under the sea.
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annual report
Electricity Price Review
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. In 2019-20, the Government established new workstreams to action many of the Review’s recommendations.
NZ Battery Project
The NZ Battery Project was set up in 2020 to explore possible renewable energy storage solutions for when our hydro lakes run low for long periods. A pumped hydro scheme at Lake Onslow was one of the options being explored. The Government stopped the Lake Onslow investigations in late 2023. MBIE is continuing work on the question of security of supply during extended periods of low hydro inflows as part of its wider electricity system work programme. The following documents were produced as part of the NZ Battery Project.
Weekly fuel price monitoring
We carry out weekly monitoring of national average prices and retail importer margins for regular petrol, premium petrol, and diesel. This data is updated weekly, using the previous week's data.
Overview of the offshore renewable energy regime
The offshore renewable energy regime sets out the legislative settings, regulations, processes, and standards for how offshore renewable energy projects will be permitted and managed in New Zealand.
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