Articles tagged with Energy

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Government Invests $15M in Southland Facility for Green Hydrogen and Critical Minerals

The 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.

500 New Zealand Schools Selected for Government Solar Panel Installation Program

The 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.

Canterbury's Haldon Solar Farm First in NZ to Get Fast-Track Approval

The 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.

Government Launches Second Round of Zero-Interest Loans for 10,000 EV Chargers by 2030

The New Zealand Government aims to install 10,000 public electric vehicle (EV) chargers by 2030, launching a second round of zero-interest concessionary loans to stimulate private investment in charging infrastructure. This initiative addresses range anxiety and the low charger-to-EV ratio by partnering with the private sector and building on the success of the first funding round, which added 2,574 new charge points. Additionally, the Government is implementing complementary measures such as developing charger standards, easing solar and EV charger installations, and promoting time-of-use electricity plans to support electrification and reduce power costs.

New Zealand Launches Industry-Led Secondary Subjects for Future Careers from 2029

New Zealand is launching industry-led, future-focused secondary school subjects from 2029 to better align education with emerging job markets in sectors like manufacturing, energy, health, and tourism. These subjects, developed with industry input and valued equally to traditional subjects, aim to equip students with practical skills and clear pathways into trades, university, or employment, supported by a $15 million investment. The initiative fosters student engagement by connecting learning to real-world careers, benefiting both employers seeking skilled workers and students preparing for rewarding futures.

Transpower Board Reappoints Directors Dewes and Coppage Through 2029

Directors Whaimutu Dewes and Owen Coppage have been reappointed to the Transpower Board until 2029 to provide governance continuity during a $13 billion investment programme. Dewes offers expertise in governance, risk management, and stakeholder relations, while Coppage brings skills in energy utilities, technology, and digital transformation. Additionally, Rukumoana Schaafhausen was reappointed to Kiwi Group Capital’s board, bringing extensive commercial and Crown governance experience in the banking sector.

New Zealand Launches Gas Transition Loan Guarantee Scheme to Support Businesses

The Gas Transition Loan Guarantee Scheme, launched by the New Zealand government, aims to help businesses reduce reliance on gas by providing loan guarantees covering 80% of default risk, enabling banks to offer better lending terms and unlock up to $1.2 billion in financing. This initiative supports regional industries facing high gas prices and supply uncertainty by promoting energy efficiency and alternative energy investments to maintain competitiveness and protect jobs. Additionally, the Energy Efficiency and Conservation Authority offers independent support to help businesses assess energy options and plan practical transitions.

New Offshore Petroleum Exploration Permit Granted in Taranaki Basin, NZ

New Zealand has granted its first new offshore petroleum exploration permit since reversing the ban, awarding Australian company EnZed Energy a 12-year permit for a 546 sq km area east of the Kupe gas field in the Taranaki Basin. This move signals renewed investor confidence and aims to address declining natural gas reserves, which have dropped 23% to the lowest level in over two decades, emphasizing the importance of exploration for future energy security. The government highlights that natural gas remains crucial for electricity generation and industry, and exploration is essential to assess New Zealand’s remaining resource potential.

John Harbord Appointed Chair of New Zealand Electricity Authority for 3 Years

John Harbord has been appointed Chair of the Electricity Authority for a three-year term, bringing over 20 years of experience in law, governance, and public sector policy. Energy Minister Simeon Brown emphasized the Authority's role in ensuring an abundant, affordable, and reliable electricity supply that supports economic growth. Harbord succeeds Erik Westergaard, who will remain on the board as Deputy Chair.

New Petroleum Exploration Permit Application Invites Investment in NZ Offshore Basin

Resources Minister Shane Jones has welcomed Sunda Energy's new petroleum exploration permit application in the offshore northern Taranaki Basin, marking the sixth such application since the government lifted the offshore oil and gas exploration ban. Sunda Energy, having entered the New Zealand market through acquiring Matahio Energy’s assets, seeks to conduct geological and seismic studies over a 645 sq km area with known potential, aiming to evaluate drilling targets. The competitive application process, open until October 14, 2026, reflects growing investor interest that could enhance New Zealand’s energy security, create jobs, and boost economic resilience.

Government Invests $15.5M in Bay of Plenty Marina and Geothermal Projects

The Government is investing $12.5 million through the Regional Infrastructure Fund to develop Ōpōtiki Marina, supporting aquaculture growth and creating up to 87 construction jobs. Additionally, a $3 million grant will fund the Gas to Geoheat – Tauranga Geothermal System Project, exploring geothermal energy potential to support future renewable energy initiatives and create 15-20 jobs. These investments aim to unlock the Bay of Plenty’s natural resource potential, boost regional economic growth, job creation, and energy security.

Renewed Petroleum Exploration in Taranaki Basin as NZ Lifts Ban

New Zealand has received its fifth petroleum permit application since lifting the exploration ban, with Taranaki Energy Pty Ltd applying to prospect in deepwater offshore Taranaki, an underexplored but highly prospective area. The proposed two-year work program involves seismic data reprocessing, basin modeling, and target identification to guide future investments, reflecting renewed momentum and growing confidence in the sector. The government’s open market regime allows continuous competitive applications, which will be assessed based on technical, financial, and compliance criteria to support energy security and economic resilience.

New Zealand Launches Strategic Diesel Reserve with Refurbished Marsden Point Tanks

Two refurbished tanks at Northland’s Marsden Point are now operational to store New Zealand’s strategic diesel supply, following a $21.6 million government investment to enhance fuel resilience amid global uncertainties. Z Energy was selected to supply and manage the 90 million litre diesel reserve, with the Crown controlling its release to ensure national security without affecting Z Energy’s stockholding obligations. The first diesel shipment has arrived, with the second expected soon, and fuel stock reporting will resume its regular weekly schedule as global conditions stabilize.

Fast-Track Approval Granted for Māhinerangi Wind Farm Expansion in Otago

The Māhinerangi Wind Farm project in Otago has received Fast-track approval to expand with 44 additional turbines, a new transmission line, substation, and a 60MW battery system, increasing its capacity to 190MW and generating enough electricity for about 68,000 homes. This approval, part of New Zealand’s broader Fast-track process to accelerate infrastructure development, supports regional economic growth and the country’s transition to secure, sustainable energy. The government emphasizes that fast-tracking renewable projects like this is crucial for enhancing energy security, affordability, and reliability nationwide.

Andre van der Walt Appointed Tokelau Administrator to Strengthen NZ-Tokelau Ties

Foreign Minister Winston Peters announced Andre van der Walt as the next Administrator of Tokelau, starting June 2026, coinciding with the centenary of New Zealand’s administration of Tokelau. The Administrator supports Tokelau’s government in service delivery, manages New Zealand-Tokelau relations, and oversees development initiatives including climate resilience, governance, and key sectors like education and health. Van der Walt brings experience from his previous roles as New Zealand’s High Commissioner to Kiribati and Deputy High Commissioner to Niue.