26 Nov 2025
11 months ago
1167 views
New Zealand has joined the international Minerals Security Partnership (MSP) to attract investment and support its Minerals Strategy, which aims to double mineral export value by 2035 and enhance sustainable global supply chains. The partnership aligns with New Zealand’s strengths in critical minerals essential for modern technologies and will help create high-paying jobs while strengthening international relationships. Several countries have benefited from MSP membership through financing commitments, and New Zealand expects similar opportunities to develop its critical minerals sector.
20 Nov 2025
11 months ago
1073 views
New Zealand and Iceland signed an agreement to enhance cooperation in geothermal energy development through joint research, industry workshops, and academic exchanges, focusing on superhot and supercritical geothermal systems. This partnership builds on decades of shared expertise and recent collaborations, aiming to advance renewable energy innovation and support New Zealand's goals to double renewable generation by 2050 and boost geothermal production by 2040. The agreement was formalized at COP 30 and includes financial commitments, such as New Zealand allocating up to $60 million for geothermal exploration in the Taupō Volcanic Zone.
19 Nov 2025
11 months ago
1148 views
New Zealand reaffirms its commitment to the Paris Agreement by submitting an ambitious second Nationally Determined Contribution, prioritizing transparency, climate support, and adaptation, while urging all Parties to act urgently. The country highlights its progress in renewable energy, agricultural innovation, and pioneering climate adaptation legislation, emphasizing the importance of an inclusive, collaborative response that incorporates diverse voices, including young Māori leaders. New Zealand supports hosting COP31 in the Pacific to advance global climate solutions and calls for collective partnership to maintain momentum toward a low-emissions, climate-resilient future.
06 Nov 2025
11 months ago
1257 views
The Coalition Government has expanded the Gas Security Fund to attract investments that will increase New Zealand's gas supply in the short-, medium-, and long-term to address energy security challenges. The fund will support various projects, including drilling in existing fields, exploration, and storage initiatives, aiming to stabilize supply and manage seasonal demand. The initiative aims to mitigate perceptions of risk in the petroleum sector and promote regional procurement, with investment decisions made jointly by the Ministers for Resources and Finance.
04 Nov 2025
11 months ago
1316 views
New Zealand has released a Fuel Security Plan to ensure reliable access to fuel in the face of global and domestic disruptions, focusing on resilience, domestic preparedness, alternative fuels, and market transitions. The plan includes measures such as requiring fuel importers to hold minimum stock levels and supporting the deployment of EV charging infrastructure. Associate Energy Minister Shane Jones emphasizes the importance of reducing dependence on global markets and investing in domestic energy resources for economic growth and self-reliance.
03 Nov 2025
11 months ago
1301 views
Infrastructure Minister Chris Bishop and Regional Development Minister Shane Jones have approved the first renewable energy project under the Fast-track Approvals Act, with Genesis Energy's Tekapo power scheme receiving quick consent after facing delays under the standard process. The Tekapo project generates clean electricity for over 228,000 households in Canterbury and showcases the Act's ability to expedite vital infrastructure projects. The Ministers are working on legislative changes to further streamline the fast-track process and encourage more applications to boost job creation, regional prosperity, and economic growth in New Zealand.
26 Oct 2025
12 months ago
1224 views
The New Zealand Minister for Resources and Regional Development delivered a keynote address at the 2025 Indigenous Geothermal Symposium in Reno, Nevada, highlighting the cultural significance and future potential of geothermal energy. New Zealand, known for its geothermal electricity production, has a deep connection to geothermal resources rooted in Māori heritage. The country is investing in supercritical geothermal technology, aiming to lead in sustainable innovation and global energy transformation.
23 Oct 2025
1 year ago
1163 views
New Zealand and Iceland are strengthening cooperation in areas such as working holidays, taxation, and geothermal energy, as announced by Foreign Minister Winston Peters during his visit to Iceland. Initiatives like a reciprocal Working Holiday Scheme aim to enhance collaboration between the two island nations, fostering opportunities for young people to engage, learn, and contribute internationally. The Double Tax Agreement and exploration of geothermal energy aim to bolster economic ties and address future energy needs, with Mr Peters highlighting the importance of learning from Iceland's expertise in this field during his broader visit to the Nordic region.
22 Oct 2025
1 year ago
1270 views
Electricity Authority Chair Anna Kominik has resigned, with Energy Minister Simon Watts expressing gratitude for her leadership and contributions to significant reforms in the electricity sector. Ms Kominik's departure is tied to a new opportunity and the completion of the Frontier Economics Review of Electricity Market Performance, with plans for an organisational review before her replacement is appointed. The Government aims to strengthen the Authority's enforcement and analytical capabilities, with a focus on pro-competitive initiatives that prioritize consumer benefit and public value.
22 Oct 2025
1 year ago
1203 views
The Government of New Zealand has shown strong support for the bioenergy sector by releasing the Wood Energy Strategy and Action Plan, as well as a Government Statement on Biogas. These initiatives aim to diversify the country's energy mix, reduce reliance on imported fuels, and cut down on emissions by promoting wood energy and biogas as sustainable alternatives. The plans include clear objectives, co-funding opportunities, and regulatory support to accelerate the growth of the bioenergy industry, create new jobs, enhance energy security, and contribute to achieving climate goals.
19 Oct 2025
1 year ago
1180 views
Resources Minister Shane Jones is prioritizing investment and collaboration in New Zealand's natural resources at upcoming international mining and geothermal conferences. He will address the growing interest in the country's mineral sector and highlight the policy framework supporting its growth. Mr Jones aims to rebuild international investor confidence, promote geothermal energy exploration, and seek global collaboration to maximize New Zealand's geothermal potential.
17 Oct 2025
1 year ago
1215 views
New Zealand is reimposing UN-mandated sanctions on Iran due to concerns over Iran's nuclear non-compliance and uranium enrichment. The sanctions, effective from 18 October, include asset freezes, travel bans, and import/export restrictions on nuclear and military goods. New Zealand is also implementing a compulsory registration scheme for businesses intending to trade with Iran to ensure vigilance in dealings.
01 Oct 2025
1 year ago
1289 views
The Government assures power companies it will provide capital for critical electricity infrastructure investments to ensure energy security and competitiveness. Measures include supporting equity injections for strategic projects and addressing gaps in the energy system to lower consumer prices. The Energy Package focuses on security of supply through LNG import facilities and building better markets by incentivizing new energy projects and strengthening regulatory bodies.
25 Sep 2025
1 year ago
1345 views
Petroleum operators in New Zealand can now apply for new prospecting and exploration permits beyond Taranaki to boost gas reserves, thanks to a new open market application pathway introduced alongside the Block Offer competitive tender process. The exploration ban in 2018 had a negative impact on the gas sector, hindering investment and exploration efforts, leading to energy security concerns. To revitalize exploration activity, the government is focusing on streamlining permit processes and offering co-investment opportunities in new gas fields, while also introducing a new Tier 3 permit category for hobby miners to encourage small-scale gold mining across the country.
22 Sep 2025
1 year ago
1424 views
New Zealand's Resources Minister Shane Jones praises the reintroduction of domestically sourced coal as a backup fuel for electricity generation, citing benefits for energy resilience and the Waikato regional economy. Genesis Energy's agreement with BT Mining to supply 240,000 tonnes of locally sourced coal to the Huntly Power Station diversifies fuel supply and reduces reliance on imported coal due to tightening gas supply. Mr. Jones emphasizes the importance of sourcing coal locally to safeguard against global disruptions, strengthen the fuel supply chain, and provide economic benefits for the Waikato region.