Energy News & Articles
Showing 15 of 2394 articles
New Zealand Sets Renewable Energy Records with Lower Electricity Prices
10 Sep 2026 | 2 weeks ago | 247 viewsNew Zealand’s Government reports record renewable electricity generation and a 66% drop in wholesale prices for the June quarter, attributing success to policies like LNG import facility procurement and fast-tracking renewable projects. Despite strong renewable output, the electricity system remains vulnerable to dry years due to reliance on hydro storage and backup thermal generation, highlighting risks from past bans on oil and gas exploration. The Government emphasizes ongoing investment in renewables supported by LNG imports to ensure energy security and affordability in challenging conditions.
Tags: Simeon Brown New Zealand Ministry of Business Innovation & Employment Labour Government LNG import facility renewable energy geothermal generation solar generation hydro lake levels electricity pricesNZ Removes Royalties on Cushion Gas to Boost Underground Gas Storage and Energy Security
08 Sep 2026 | 2 weeks ago | 287 viewsThe New Zealand Government will end the requirement for developers to pay royalties on "cushion gas," which is operational gas needed to maintain pressure in underground gas storage but unlikely to be extracted or sold. This change aims to remove regulatory barriers, encouraging investment in underground gas storage to improve the flexibility, resilience, and long-term energy security of the country’s energy system. An independent expert will determine the portion of gas qualifying as cushion gas, while future regulatory reviews will assess the effectiveness of this measure in supporting energy security.
Tags: Shane Jones Methanex New Zealand Resources Minister underground gas storage energy security petroleum regulatory framework cushion gas electricity generation gas royaltiesNew Zealand Invests $23.5M in Todd Energy Projects to Secure Gas Supply
06 Sep 2026 | 2 weeks ago | 277 viewsNew Zealand is advancing its energy security by investing up to $23.5 million from the Gas Security Fund in two Todd Energy projects aimed at unlocking nearly 20 petajoules of additional gas reserves over five to nine years. These projects, expected to deliver gas by 2027, will provide around 6% of the country's projected gas production, supporting energy reliability during peak demand and complementing the transition to renewable energy. The fund, designed to accelerate gas supply and ensure electricity generation reliability, has attracted strong interest and involves significant co-investment from Todd Energy to share risks and promote economic growth.
Tags: Shane Jones Chris Bishop Todd Energy New Zealand Gas Security Fund McKee Gas Cap Kānoa Ministry of Business Innovation and Employment Gas Advisory PanelUS Commits $60M to Support Pacific Energy Crisis Amid Global Challenges
02 Sep 2026 | 3 weeks ago | 265 viewsForeign Minister Winston Peters welcomed the US decision to provide $60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been actively working to help Pacific nations manage fuel dependency and price shocks. New Zealand’s development program focuses on boosting economic and energy resilience by promoting renewable energy and energy efficiency in the region.
Tags: Winston Peters Christopher Landau United States Pacific Islands Forum New Zealand Australia Japan World Bank Asian Development Bank Pacific IslandsUS Commits $60M to Support Pacific Energy Amid Global Crisis, Says Winston Peters
02 Sep 2026 | 3 weeks ago | 269 viewsForeign Minister Winston Peters welcomed the United States' decision to provide US$60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been collaborating to help Pacific Island countries manage fuel dependency and price shocks. New Zealand’s development program focuses on enhancing economic and energy resilience through renewable energy and improved efficiency to reduce reliance on imported fuels.
Tags: Winston Peters Christopher Landau United States Pacific Islands Forum New Zealand Australia Japan World Bank Asian Development Bank Pacific IslandsNew Zealand Clears Minerals Permit Backlog Boosting Sector Growth and Investment
26 Aug 2026 | 1 month ago | 397 viewsThe New Zealand Government has successfully cleared a backlog of 311 historical minerals permit applications, enhancing the efficiency and certainty of the permitting system under Resources Minister Shane Jones. Interest and activity in the minerals sector have surged, with record numbers of applications and permit decisions made by New Zealand Petroleum and Minerals (NZP&M), supporting investment, regional growth, and economic opportunities. While NZP&M maintains timely and fair decision-making, the quality of applications remains crucial for processing speed, and the agency continues to administer over 1,000 permits with strong performance against targeted timeframes.
Tags: Shane Jones New Zealand Petroleum and Minerals NZP&M minerals permits minerals sector Government permitting system investment exploration mining permitsNew Petroleum Prospecting Application Targets Offshore Pegasus Basin in NZ
24 Aug 2026 | 1 month ago | 356 viewsResources Minister Shane Jones announced a new petroleum prospecting application by CBX Energy Limited for the largely under-explored Pegasus Basin east of New Zealand’s North Island, aiming to enhance understanding of its hydrocarbon potential. This application, covering over 4207 sq km, is part of a competitive three-month process and reflects renewed industry confidence following the repeal of the offshore exploration ban. The prospecting will utilize existing geological and geophysical data to inform future exploration, with applications assessed based on technical, financial, and compliance criteria under the Minerals Programme for Petroleum 2025.
Tags: Shane Jones CBX Energy Limited Pegasus Basin New Zealand Petroleum and Minerals Wahipapa fairway offshore exploration petroleum prospecting hydrocarbons Minerals Programme for Petroleum 2025 Crown Minerals ActNew Zealand Targets Electricity Network Reforms to Lower Power Bills and Boost Efficiency
19 Aug 2026 | 1 month ago | 420 viewsNew Zealand’s rising electricity bills are largely driven by electricity distribution network costs, prompting the government to seek reforms for greater affordability, reliability, and efficiency in the sector. The Ministry of Business, Innovation and Employment (MBIE) has released a discussion document proposing actions to enhance collaboration among Electricity Distribution Businesses (EDBs), improve economic regulation, and strengthen governance to support increased electrification and innovation. The government is inviting public feedback on these potential reforms to ensure investments deliver value for consumers and help moderate future power costs.
Tags: Simeon Brown Cameron Brewer Electricity Distribution Businesses Commerce Commission MBIE New Zealand Energy Minister Commerce and Consumer Affairs Minister Frontier Review Energy PackageNew Zealand to Simplify Residential Solar Installation with Faster, Cheaper Approvals
17 Aug 2026 | 1 month ago | 450 viewsThe New Zealand Government has committed to implementing recommendations from the Ministry for Regulation’s Sector Review Report to simplify and accelerate approvals for residential and small to medium scale solar panel installations, reducing costs and wait times significantly. Key changes include legalizing plug-in solar systems for renters, streamlining inspection and approval processes, exempting certain installations from resource consent, and cutting red tape to encourage wider solar adoption. These reforms are expected to deliver substantial economic benefits, increase solar uptake, and empower Kiwis to better manage their energy use and costs.
Tags: David Seymour Simeon Brown Ministry for Regulation New Zealand solar panel installation residential solar small to medium scale solar energy policy Regulation MinisterNew Zealand to Simplify and Speed Up Residential Solar Panel Approvals
17 Aug 2026 | 1 month ago | 458 viewsThe New Zealand Government has committed to implementing recommendations from the Ministry for Regulation’s Sector Review Report to simplify and reduce the cost and time of residential and small to medium scale solar panel installations, including legalizing plug-in solar systems for renters and apartment dwellers. These changes aim to cut approval times drastically, lower compliance costs, and remove barriers such as resource consent requirements, potentially saving consumers thousands of dollars and accelerating solar adoption. Energy Minister Simeon Brown emphasizes that these reforms will empower Kiwis to harness solar energy more easily, reduce power bills, and support the growing uptake of rooftop solar technology nationwide.
Tags: David Seymour Simeon Brown New Zealand Ministry for Regulation solar panels residential solar small to medium scale solar energy policy solar installationFast-Track Approval Granted for Foxton 220MW Solar Farm Powering 47,000 Homes
14 Aug 2026 | 1 month ago | 468 viewsA 220 MWp solar farm near Foxton, Genesis Energy’s eighth renewable project, received Fast-track approval, promising to generate 345 GWh annually—enough to power 47,000 homes—and create around 100 construction jobs. This project will enhance regional economic growth, improve local water quality by reducing nitrogen leaching, and contribute to New Zealand’s goal of doubling renewable energy generation by 2050. Fast-track approvals have accelerated 32 projects, adding over 990 MW of new capacity, supporting the government’s aim for abundant, affordable, and reliable renewable power amid rising electricity demand.
Tags: Genesis Energy Mr Bishop Mr Jones Mr Brown Foxton Solar Farm New Zealand renewable energy 2050 goal expert panelsNew Petroleum Mining Permit Boosts NZ Gas Supply and Oil Exports
13 Aug 2026 | 1 month ago | 443 viewsNew Zealand has granted a 10-year petroleum mining permit to Matahio NZ Onshore Limited for the Puka field in Taranaki, expected to increase domestic natural gas supply and generate export revenue from oil production. The permit highlights growing momentum in the petroleum sector, with estimated recoverable reserves supporting energy security amid declining gas supplies. Resources Minister Shane Jones emphasizes the importance of a diverse energy system combining responsible resource development, renewable energy, and emerging technologies to ensure affordable and reliable energy.
Tags: Shane Jones Matahio NZ Onshore Limited New Zealand Petroleum and Minerals Puka field Oru prospect Taranaki petroleum mining permit natural gas oil production energy securityNew Petroleum Mining Permit in Taranaki Boosts NZ Gas and Oil Supply
13 Aug 2026 | 1 month ago | 481 viewsNew Zealand has granted Matahio NZ Onshore Limited a 10-year petroleum mining permit for the Puka field in Taranaki, expected to add natural gas to the domestic market and generate valuable oil export earnings. The permit highlights growing momentum in the petroleum sector amid declining gas reserves, with gas remaining critical for electricity generation and industrial use alongside renewable energy. Resources Minister Shane Jones emphasizes that responsible resource development, combined with investment in renewables and emerging technologies, is essential for a resilient, affordable, and secure energy system.
Tags: Shane Jones Matahio NZ Onshore Limited New Zealand Petroleum and Minerals Puka field Oru prospect Taranaki petroleum mining permit natural gas oil production energy securityUnlocking New Zealand's Hydrogen Potential: Innovation, Investment, and Energy Future
11 Aug 2026 | 1 month ago | 417 viewsThe Hydrogen Hui highlights New Zealand’s potential to develop hydrogen as a key part of its energy mix, supporting economic growth, energy security, and emissions reduction through innovation across the hydrogen value chain. The government is committed to establishing clear regulatory frameworks and investing $45 million in projects like Aspiring Materials’ green hydrogen and critical minerals facility to foster regional development and technological advancement. Success relies on collaboration among industry, investors, and researchers to build a sustainable hydrogen sector, guided by the newly launched New Zealand Hydrogen Industry Road Map.
Tags: Dr Linda Wright New Zealand Hydrogen Council Ambassador of Japan Deputy High Commissioner of Singapore Charge d'Affaires European Union Aspiring Materials Ministry of Business Innovation and Employment New Zealand Government Hydrogen Industry Road Map Coalition GovernmentUnlocking New Zealand’s Hydrogen Potential: Innovation, Investment, and Future Growth
11 Aug 2026 | 1 month ago | 440 viewsThe Hydrogen Hui highlights New Zealand's commitment to developing hydrogen as a key part of its energy future, emphasizing its potential for energy security, regional economic growth, and emissions reduction across various sectors. The government is working on establishing clear regulatory frameworks and investing $45 million through the Regional Infrastructure Fund to support innovative hydrogen projects like Aspiring Materials' green hydrogen and critical minerals facility. Success will rely on collaboration among industry, researchers, and investors, guided by the newly launched New Zealand Hydrogen Industry Road Map to build a comprehensive hydrogen value chain.
Tags: Linda Wright New Zealand Hydrogen Council Ambassador of Japan Deputy High Commissioner of Singapore Charge d'Affaires European Union Aspiring Materials Ministry of Business Innovation and Employment New Zealand Government Hydrogen Industry Road Map Coalition Government