An increase in hydro and wind generation helped the share of electricity generated from renewable sources lift in the first 3 months of 2022 compared to the same quarter a year ago, according to data published today by the Ministry of Business, Innovation and Employment.
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Renewable electricity generation lifts
The share of electricity generated from renewable sources hit a 26-year high in the final quarter of 2021 after sizeable increases hydro and wind generation, according to data published today by the Ministry of Business, Innovation and Employment.
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Renewable electricity generation hits 26-year high
We administer the safety-related provisions of the Electricity Act 1992 and Gas Act 1992 and associated safety regulations.
The share of electricity generated from renewable sources recovered in the third quarter of 2021 after hydro generation returned to normal levels and new wind farms started producing power, according to data published today by the Ministry of Business, Innovation and Employment.
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Renewable electricity generation bounces back
The Crown Minerals (Decommissioning and Other Matters) Amendment Act received Royal assent on 1 December 2021 and a number of new provisions are now in force.
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Law change brings new decommissioning obligations and added enforcement
The Ministry of Business, Innovation and Employment (MBIE) has entered into an agreement with Helix Offshore Services Limited for the plugging and abandonment of the wells in the Tui Oil Field (Phase 3 of the Tui decommissioning).
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Contract awarded for final phase of Tui Oil Field decommissioning
Parliament has passed an Act that will improve information disclosure and increase the maximum financial penalty for breaching gas regulations
We contribute to a number of international energy fora that aim to develop a better understanding of underlying energy issues affecting the world.
In our report back to the Minister of Energy and Resources we agreed with the findings of the 2017 Fuel Market Financial Performance Study that further examination of the sector is warranted.
We have a central role in monitoring and advising on energy markets to ensure that electricity, gas and liquid fuel are delivered in a safe, efficient, fair, reliable and environmentally sustainable manner.