Energy News & Articles

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New Zealand’s Geothermal Strategy Aims to Double Energy Use by 2040

The Government has launched the "From the Ground Up" strategy to double geothermal energy use by 2040, aiming to boost investment, modernize regulations, and support both traditional and next-generation geothermal technologies. The plan emphasizes regional economic growth, Māori partnerships, and unlocking the cultural and economic value of geothermal resources. By improving development conditions and fostering innovation, the strategy seeks to enhance New Zealand's energy resilience and position it as a global leader in geothermal power.

Energy Minister Simon Watts to Attend Indo-Pacific Energy Security Forum 2026

Energy Minister Simon Watts is traveling to Japan to participate in the Indo-Pacific Energy Security Ministerial and Business Forum, emphasizing the importance of energy security amid Middle East conflicts and geopolitical uncertainty. New Zealand is committed to securing global energy supply chains, particularly for liquid fuels, and remains prepared with resilient fuel systems and healthy stockpiles. The forum provides a key opportunity for New Zealand to collaborate with Indo-Pacific partners and support the International Energy Agency’s collective actions.

Government Drives New Energy Projects with Long-Term Power Purchase Agreements

The Government, led by Energy Minister Simon Watts, is using public sector energy demand to drive new energy projects through long-term Power Purchase Agreements with major public agencies. They aim to increase affordable, reliable energy supply from diverse technologies, including wind, solar, geothermal, and hydrogen, to reduce power bills and support faster project development. MBIE is conducting a feasibility study on streamlined solar procurement for government properties, with plans to issue a Request for Proposals by mid-2026 to accelerate implementation and increase energy generation.

Government to Invest $200M in Genesis Energy to Boost NZ Energy Security

The Government will invest up to $200 million in new Genesis Energy shares to support secure, affordable energy and maintain a 51% Crown ownership. This investment aims to enhance energy security by enabling Genesis to increase flexible capacity and strengthen the long-term value of the state-owned asset. It is part of a broader Government initiative to improve energy reliability and reduce living costs for New Zealanders.

New Zealand Joins Global Effort to Secure Critical Minerals for Energy Future

New Zealand has joined 32 member countries at the 2026 International Energy Agency Ministerial meeting in endorsing a Declaration to strengthen global cooperation on critical minerals essential for the clean energy transition and long-term energy security. The Declaration directs the IEA to enhance data collection, market monitoring, emergency preparedness, and innovation in recycling and recovery, while New Zealand aims to leverage its mineral resources and strong environmental standards to become a reliable supplier in global critical mineral supply chains. Resources Minister Shane Jones emphasized that responsible development of these minerals will boost economic resilience, create skilled jobs, and strengthen international partnerships.

New Zealand Invests $80M in Critical Minerals to Boost Regional Growth and Jobs

The New Zealand Government has allocated $80 million from the Regional Infrastructure Fund to develop and process domestic critical minerals, aiming to boost jobs, investment, and regional economic recovery. Critical minerals are vital for modern technologies and global supply chains, and New Zealand seeks to position itself as a reliable source while fostering advanced processing and international partnerships. The funding supports projects aligned with the Minerals Strategy, with applications accepted and successful initiatives to be announced after evaluation.

Andy Knight Named Chair of Expert Panel for $200M Gas Security Fund

Andy Knight has been appointed chair of the expert panel advising the New Zealand Government on applications to the $200 million Gas Security Fund, which aims to enhance domestic gas supply and storage amid declining production. The panel also includes geophysicist Tim Allan and energy sector professional John Pagani, with two more members to be appointed, and will provide independent, expert advice to decision-making ministers Shane Jones and Chris Bishop. The fund, administered by Kānoa – Regional Economic Development & Investment Unit, supports projects with short- to long-term benefits to secure affordable and reliable gas for New Zealand’s economy.

New Zealand to Build LNG Import Facility Boosting Energy Security and Economy

The New Zealand Government will build a liquefied natural gas (LNG) import facility to enhance energy security, stabilize electricity prices, and support economic growth amid declining domestic gas supply and increasing reliance on coal and diesel. This facility, expected to be operational by 2027 or 2028 in Taranaki, will provide a reliable backup fuel source, potentially saving households $50 annually and protecting around 2,000 jobs by reducing price spikes and supply risks. The project aims to foster competition, enable resource development, and support gas-dependent industries while minimizing exposure to international gas prices through strategic import management.

$1.26M Grant Brings Solar Power to Kaitaia Marae and Kura for Energy Security

A grant of up to $1.26 million from the Regional Infrastructure Fund will support the Whiti Mai Te Rā project, installing solar panels, batteries, and a diesel generator at a kura and five marae north of Kaitaia to provide reliable, affordable electricity and enhance energy security. The initiative, led by the Aupouri Ngāti Kahu Te Rarawa Trust in partnership with Kaumātua Energy, aims to save over $100,000 annually in energy costs and strengthen community resilience during emergencies. Installation will begin in March 2026, ensuring these vital community hubs can serve as stable civil defence centers for generations to come.

South Taranaki Green Hydrogen Facility Begins Construction with $19.9M Funding

Construction has begun on a sustainable green hydrogen facility in South Taranaki, supported by a $19.9 million government investment and additional co-funding, with a total project cost of up to $112.3 million. The facility will supply renewable electricity to Ballance Agri-Nutrients' Kapuni site and produce green hydrogen for emissions-free transport, creating around 50 construction jobs and seven permanent roles. This project, a partnership between multiple organizations, aims to boost the regional economy by integrating wind energy, renewable electricity, and zero-carbon hydrogen fuel production at scale.

New Zealand Invests $35M in OpenStar Fusion Energy Breakthrough Project

The New Zealand Government is investing up to $35 million through the Regional Infrastructure Fund to support OpenStar Technologies in developing a specialised fusion energy research facility. OpenStar is pursuing a unique fusion design with potential advantages in stability, cost, and scalability, aiming to position New Zealand as a leader in this emerging, carbon-free energy technology. This investment aims to boost innovation, attract international funding, create high-value jobs, and generate potential benefits for sectors like aerospace and medical technology.

Government Strengthens Electricity Authority to Ensure Fair Power Prices in NZ

The New Zealand Government is strengthening the Electricity Authority by amending the Electricity Industry Act to increase penalties for rule-breaking, introduce instant fines for minor breaches, and enhance market monitoring to ensure fair competition and protect consumers. These changes, alongside new appointments to the Authority’s board, aim to address high power bills, improve energy security, and foster a reliable, affordable electricity system. Concurrently, the Government is advancing energy projects and regulatory reforms to support abundant supply and manage risks like dry-year shortages.

Open Electricity: Helping New Zealanders Find the Best Power Plans and Save Money

The New Zealand Government is launching Open Electricity to help households and small businesses easily compare and choose the best power plans, enhancing competition and transparency in the electricity market. This initiative, following Open Banking regulations, will provide secure access to individual electricity consumption data, enabling consumers to optimize energy use, save money, and make informed decisions about energy-related investments. Changes will begin in September 2024 and be completed by mid-2027, benefiting around two million households and 165,000 small businesses with improved choice, innovation, and cost savings.

$200M Gas Security Fund Opens Jan 12, 2026 to Boost NZ Natural Gas Supply

The $200 million Gas Security Fund, opening on 12 January 2026, aims to increase natural gas availability in New Zealand by supporting projects that accelerate supply or enable storage for critical demand periods. Declining gas production is raising costs and hindering economic growth, making natural gas essential during the transition to renewable energy sources. A new gas advisory panel will provide expert guidance to ministers, ensuring informed decisions amid the complexities of gas exploration and market conditions.

New Zealand Updates Hydrogen Safety Rules to Boost Innovation and Growth

The New Zealand Government is updating health and safety regulations to better support the growth and innovation of the hydrogen sector, addressing outdated rules that hinder development. These changes include specific requirements for hydrogen infrastructure, easier approval processes, and adoption of international standards, aiming to balance safety with reduced compliance costs. By implementing these reforms, the government seeks to accelerate hydrogen adoption, drive economic growth, create jobs, and advance sustainable energy goals under the Hydrogen Action Plan.