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annual report

New Zealand generation stack updates

MBIE is responsible for maintaining data on New Zealand’s generation stack. This is a list containing information on the costs of existing and new electricity generation plants in New Zealand.

Energy statistics

As part of our ongoing commitment to provide timely and accessible energy information, this section presents energy statistics including supply and demand by fuel types, energy balance tables, pricing information, international comparisons and greenhouse gas emissions. Each page contains a topic summary and data tables in Excel format.

Gas

Natural gas production continued to decline in 2025, with major gas users responding. Expected production over the coming years indicates supply constraints will continue to impact gas use within New Zealand.

Electricity

Record levels of geothermal and solar generation, driven by growth in generation capacity and reduced reliance on thermal generation. As a result, 88.5% of electricity generated in 2025 came from renewable sources.

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.

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