Articles tagged with Energy
Showing 15 of 103 articles
NZ Removes Royalties on Cushion Gas to Boost Underground Gas Storage and Energy Security
08 Sep 2026 | 6 hours ago | 56 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 days ago | 85 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 PanelNew Zealand and Indonesia Strengthen Partnership with Focus on Trade and Cooperation
27 Aug 2026 | 1 week ago | 177 viewsNew Zealand and Indonesia's Foreign Ministers, Winston Peters and Sugiono, held productive talks in Auckland focusing on enhancing cooperation in food security, renewable energy, trade, agriculture, education, and defense. They reviewed their Comprehensive Partnership and 2025–2029 Plan of Action, aiming to boost two-way trade to NZ$6 billion by 2029 and strengthen economic ties by removing trade barriers and improving air links. Both ministers emphasized the long-term partnership as they approach 70 years of diplomatic relations in 2028 and released a Joint Statement outlining their discussions and next steps.
Tags: Winston Peters Sugiono New Zealand Indonesia Foreign Ministers trade cooperation food security renewable energy diplomatic relationsNew Petroleum Prospecting Application Targets Offshore Pegasus Basin in NZ
24 Aug 2026 | 2 weeks ago | 239 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 | 3 weeks ago | 294 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 | 3 weeks ago | 276 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 | 3 weeks ago | 272 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 | 3 weeks ago | 276 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 | 3 weeks ago | 320 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 | 3 weeks ago | 337 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 securityGovernment Invests $30M to Boost New Zealand’s Hydrogen Sector and Economy
11 Aug 2026 | 4 weeks ago | 305 viewsThe Government has allocated $30 million from the Regional Infrastructure Fund to support projects that grow New Zealand's hydrogen sector, emphasizing hydrogen's potential to diversify renewable energy and reduce emissions in heavy transport and industry. This initiative complements existing renewable resources, aims to enhance energy security, and encourages innovation and private investment, particularly in regional areas. Additionally, the Government is developing a regulatory framework for emerging white and orange hydrogen industries to provide clarity and attract further investment.
Tags: Shane Jones New Zealand Hydrogen Regional Infrastructure Fund Renewable Energy Hydrogen Action Plan White Hydrogen Orange Hydrogen Kānoa Energy SectorGovernment Invests $30 Million to Boost New Zealand’s Hydrogen Sector Growth
11 Aug 2026 | 4 weeks ago | 301 viewsThe Government has allocated $30 million from the Regional Infrastructure Fund to support projects aimed at growing New Zealand’s hydrogen sector, emphasizing its potential to enhance renewable energy, reduce emissions, and improve energy security. Minister Shane Jones highlighted hydrogen’s role in heavy transport and industry where electrification is less viable, and noted ongoing efforts to establish regulatory frameworks for white and orange hydrogen development. This funding package aims to foster innovation, attract private investment, and strengthen regional economic growth through emerging hydrogen technologies.
Tags: Shane Jones New Zealand Hydrogen Regional Infrastructure Fund Renewable Energy Hydrogen Action Plan White Hydrogen Orange Hydrogen Kānoa Energy SectorGovernment Invests $15M in Southland Facility for Green Hydrogen and Critical Minerals
11 Aug 2026 | 4 weeks ago | 331 viewsThe Regional Infrastructure Fund will invest $15 million in Aspiring Materials Limited to develop a $31 million commercial-scale plant in Southland that produces green hydrogen and extracts critical minerals from quarry waste using patented technology. This government-backed initiative aims to boost economic development, support energy innovation, and position New Zealand’s regions to capitalize on emerging industrial opportunities, particularly in sectors where hydrogen can reduce emissions. The funding, part of an $80 million allocation for critical minerals projects, aligns with the Hydrogen Action Plan to diversify energy solutions and enhance economic resilience.
Tags: Shane Jones Aspiring Materials Limited Regional Infrastructure Fund Hydrogen Green Hydrogen New Zealand Regional Development Hydrogen Action Plan Critical Minerals Energy Innovation500 New Zealand Schools Selected for Government Solar Panel Installation Program
09 Aug 2026 | 1 month ago | 440 viewsThe New Zealand Government has selected 500 schools nationwide to receive solar panel installations under a $30 million Solar on Schools programme aimed at reducing energy costs, emissions, and improving energy resilience. The initiative, funded by EECA and the Ministry of Education, targets schools facing energy insecurity or scheduled for boiler replacements, with installations planned over three years and additional energy management systems and batteries for some schools. This programme not only supports local businesses and industry growth but also provides schools with ongoing financial savings and educational opportunities in renewable energy.
Tags: Simeon Brown Erica Stanford Energy Minister Education Minister Solar on schools programme Ministry of Education Energy Efficiency and Conservation Authority EECA Budget 2026 New ZealandCanterbury's Haldon Solar Farm First in NZ to Get Fast-Track Approval
09 Aug 2026 | 1 month ago | 316 viewsThe Haldon Solar Farm in Canterbury is New Zealand’s first solar project to receive fast-track approval, marking the 29th overall and 7th renewable energy project approved under this expedited process. Expected to generate 370 GWh annually, it will power approximately 45,000 homes and contribute significantly to the country’s renewable capacity, supporting regional economic growth and energy security. The fast-track system aims to accelerate investment in sustainable energy, with 29 projects approved, 18 expert panels appointed, and 60 projects currently progressing, reflecting the government’s commitment to abundant, affordable, and reliable power.
Tags: Haldon Solar Farm Mr Bishop Mr Jones Mr Brown Waitaha Hydro Southland Wind Farm Mahinerangi Wind Farm Lodestone Energy Limited Canterbury Twizel