Articles tagged with Energy
Showing 13 of 103 articles
Breaking Ground: New Zealand's First Supercritical Geothermal Exploration at Rotokawa Reservoir
09 Sep 2025 | 12 months ago | 1252 viewsThe Rotokawa Geothermal Reservoir in New Zealand's Taupō Volcanic Zone has been chosen for the country's first supercritical geothermal exploration, with plans to develop multiple wells for enhanced power output. The site selection followed thorough geological studies and risk assessments, with a focus on involving the local community and cultural considerations. A Memorandum of Understanding has been signed between stakeholders to explore the potential of supercritical geothermal energy, with a multi-disciplinary team working on regulatory approvals, design, and drilling for the project's success.
Tags: Shane Jones Rotokawa Geothermal Reservoir New Zealand geothermal energy Tauhara North No. 2 Trust Earth Sciences New Zealand supercritical geothermal exploration Regional Development Minister Mercury NZ Ministry of Business.Groundbreaking Geothermal Project Receives $10M Funding from Government
03 Sep 2025 | 1 year ago | 1118 viewsThe Government is supporting 19 ambitious science programs, including the DeepHeat project by the New Zealand Institute for Earth Science Limited, which aims to explore the energy potential of the Central Taupo Volcanic Zone using supercritical geothermal energy. This project, funded with $10 million from the Endeavour Fund, is seen as groundbreaking and essential for New Zealand's future prosperity, as geothermal energy offers a reliable alternative to weather-dependent renewable sources like hydro, solar, and wind. The Government's investment of over $183 million in various projects, from climate technology to healthcare and clean energy, demonstrates the power of science to drive innovation, economic growth, and a more resilient future.
Tags: Shane Reti Shane Jones geothermal energy supercritical geothermal DeepHeat project New Zealand Endeavour Fund Regional Infrastructure Fund climate technologyEnergy Minister Simon Watts Joins APEC Leaders in Busan for Energy Security Discussions
25 Aug 2025 | 1 year ago | 1250 viewsEnergy Minister Simon Watts will attend the 15th APEC Energy Ministers Meeting in Busan, Republic of Korea, focusing on energy security and affordability. He aims to collaborate internationally to build resilient and sustainable energy systems in the Asia-Pacific region and discuss harnessing energy innovation. Key topics at the meeting include electricity expansion, grid security, reliability, and AI-driven energy innovation, with a focus on connecting with counterparts to advance shared energy goals.
Tags: Simon Watts Energy Minister Busan Republic of Korea APEC Energy security International collaboration Sustainable energy systems Energy innovation New ZealandEnergy Minister Hails New Rule to Boost Competition and Lower Power Prices
18 Aug 2025 | 1 year ago | 1246 viewsEnergy Minister Simon Watts welcomes a new rule by the Electricity Authority to boost retail competition among smaller power companies, aiming to lower power prices for struggling Kiwis. The rule will prevent large power companies from cross-subsidizing themselves and offering discounts, creating a level playing field for all competitors. These changes, developed under the Energy Competition Task Force, aim to encourage investment in new generation and improve economic outcomes, with further improvements to be consulted on later this year.
Tags: Simon Watts Electricity Authority Kiwis Government Energy Minister Power companies Competition Electricity market Consumers Energy pricesNew Zealand's RMA Amendment Bill: Driving Economic Growth and Removing Red Tape for Progress
14 Aug 2025 | 1 year ago | 1422 viewsThe Government's second RMA Amendment Bill has passed into law, aiming to drive economic growth and job creation by removing roadblocks and cutting red tape in various sectors, such as infrastructure, housing, farming, and emergency management. The Bill introduces changes to streamline consent processes for renewable energy, boost housing supply, and reduce red tape for the primary sector. It is part of a broader three-phase RMA reform program, with the full replacement for the RMA expected to be in effect by 2027.
Tags: RMA Amendment Bill Chris Bishop infrastructure renewable energy housing farming primary sector emergency natural hazards Resource Management systemNorthland's Economic Future: Major Developments and Opportunities Unveiled
04 Aug 2025 | 1 year ago | 2331 viewsRail Minister Winston Peters and Regional Development Minister Shane Jones highlight significant developments in Northland's economic future, including Marsden Point's role as an energy and economic powerhouse. Projects such as a refurbished tank for supplying jet fuel to Auckland Airport and a commercial dry dock aim to boost job creation and international trade. Plans for a Regional Infrastructure Fund part-funded drydock at Northport and the potential use of special economic zones to attract investment demonstrate a focus on enhancing New Zealand's economic growth and resilience.
Tags: Northland Winston Peters Shane Jones Marsden Point New Zealand Channel Infrastructure Z Energy Auckland Airport KiwiRail SEZsGenesis, Mercury, Meridian, and Contact Establish Strategic Energy Reserve to Boost Energy Security and Affordability in New Zealand
03 Aug 2025 | 1 year ago | 1830 viewsEnergy Ministers Simon Watts and Shane Jones welcome the establishment of a strategic energy reserve by major power companies in New Zealand to enhance energy security and maintain affordable prices. The initiative aims to address vulnerabilities in the energy system highlighted by last year's dry winter, which led to high prices and pressure on industries and households. The government is taking steps to strengthen the energy system by ensuring fuel supply security, supporting investment, and enhancing market competition to reduce costs and promote economic growth.
Tags: Simon Watts Shane Jones Genesis Mercury Meridian Contact New Zealand energy reserve energy security affordable energy pricesNew Zealand Petroleum Exploration Permits Open in September: Crown Minerals Amendment Bill Impact
31 Jul 2025 | 1 year ago | 1866 viewsThe Crown Minerals Amendment Bill, following its third reading, will allow operators to apply for new petroleum exploration permits starting in September. The Bill removes the ban on oil and gas exploration beyond onshore Taranaki, introduces a new tier of permit for small-scale non-commercial gold mining, and aims to boost investment in Crown-owned minerals. Changes in liability for decommissioning costs and the need for clarity in regulatory burden and risk are also addressed in the Bill to enhance investor confidence and energy security.
Tags: Shane Jones petroleum exploration permits Crown Minerals Amendment Bill oil and gas exploration energy security natural gas decommissioning investment liabilityNew Zealand's Geothermal Energy Expansion Plan for 2040: Unlocking Potential
30 Jul 2025 | 1 year ago | 3024 viewsNew Zealand aims to double geothermal energy production by 2040 to tap into its rich resources, positioning the country as a global leader in sustainable geothermal development. The draft strategy, "From the Ground Up," seeks to drive innovation, resilience, and economic growth through geothermal utilization. The plan includes expanding geothermal applications beyond electricity generation, fostering innovation, and strengthening regional economies and the Māori economy.
Tags: Shane Jones geothermal energy New Zealand Resources Minister electricity generation sustainable development innovation Māori economy industrial growth consultationGovernment Acts to Streamline Planning Process in Anticipation of New System
16 Jul 2025 | 1 year ago | 1731 viewsThe Government, led by RMA Reform Minister Chris Bishop, is implementing reforms to simplify New Zealand's planning system and speed up project approvals. These changes include amendments to the RMA, fast-track approval processes, and upcoming legislation to replace the RMA with two new Acts focusing on land-use planning and the natural environment. To ease the transition, councils will be relieved of mandatory plan reviews and changes, with exemptions for certain critical areas like natural hazard management and Treaty settlement agreements. Additionally, councils can seek exemptions to continue work aligned with government priorities such as housing and urban development.
Tags: Government councils officers RMA Reform Minister Chris Bishop planning system New Zealand primary sector renewable energy housing supplyKiwi Electricity Bill Savings Boosted by New Energy Market Changes
15 Jul 2025 | 1 year ago | 1947 viewsThe Electricity Authority announced changes aimed at reducing electricity bills for Kiwi households and businesses, with a focus on fair pricing for rooftop solar and battery exports and introducing time of use plans. The government is also working on a review of the electricity sector to ensure fair prices and address energy shortages. These changes are expected to incentivize uptake of solar and battery systems, reduce power prices over the long term, and enable small-scale systems to meet peak demand.
Tags: Kiwi households businesses electricity bills Energy Minister Simon Watts Associate Energy Minister Shane Jones solar electricity generation power bills electricity sector electricity marketNew Zealand Fuel Security Plan: Ensuring Reliable Access to Fuel for Economic Resilience
14 Jul 2025 | 1 year ago | 2057 viewsThe Coalition Government is seeking feedback on a draft Fuel Security Plan to ensure reliable fuel access for New Zealanders during disruptions, focusing on improving resilience, infrastructure, low-carbon alternatives, and managing the transition to new energy technologies. Associate Energy Minister Shane Jones emphasizes the importance of fuel security for economic and national resilience, highlighting recent measures to boost reserves and improve storage locations. Public submissions on the plan are open from July 15 to August 25, with feedback accepted through the MBIE website.
Tags: Shane Jones Fuel Security Plan New Zealand Energy Minister Resilience Supply Chain Fuel Infrastructure Economic Wellbeing National ResilienceNew Flexible Insulation Rules to Cut Costs for Designers, Builders, and Homeowners
03 Jul 2025 | 1 year ago | 2174 viewsOverly rigid insulation rules are being removed to ease costs for designers, builders and homeowners, Building and Construction Minister Chris Penk has announced. “I’ve heard clearly from the industry that the current one-size-fits-all approach to insulation requirements is needlessly driving-up costs. “The most prescriptive compliance pathway currently available for insulation – known as the Schedule Method – doesn’t allow for design trade-offs that can affect a home’s energy efficiency, like adjusting window size.
Tags: insulation rules designers builders homeowners Chris Penk energy efficiency Building Code Ministry of Business Innovation and Employment Far North