Natural gas underpins electricity supply security, supports a substantial petrochemical manufacturing sector and is used by many export industries. In addition, many households and businesses use gas for heating and cooking.
This page describes the energy markets regulatory system and its objectives. It also lists the main statutes and changes to regulation either planned or in progress.
New Zealand has long relied on the strength of the resources beneath our feet. Geothermal energy is one of those rare national advantages — dependable, innovative and capable of powering real economic momentum.
Despite its vast potential, New Zealand’s geothermal sector faces several barriers. Exploration has stagnated since the Crown’s initial drilling efforts, with high upfront costs and fragmented access to geothermal data.
To deliver on the strategy’s vision and outcomes an action plan has been developed with five central goals. But the actions in this strategy are more than a checklist – they represent the practical steps that will turn vision into reality. This section unpacks the action plan and shows how it will deliver our vision.