09 Sep 2026
1 month ago
434 views
The 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.
21 Jul 2026
3 months ago
690 views
One year after launching A Minerals Strategy for New Zealand to 2040, the government has made significant progress by implementing policies and reforms that have increased mineral exports, production, employment, and permitting activity. Key achievements include establishing a Critical Minerals List, enhancing global partnerships, improving geoscience data access, and creating a more efficient regulatory framework, which have boosted investor confidence and sector growth. Moving forward, the focus will be on expanding international partnerships, attracting investment, reviewing royalty settings, and maximizing value from critical minerals through processing, refining, and innovation to sustain long-term economic benefits.
17 Mar 2026
7 months ago
1257 views
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.
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.
30 Jul 2025
1 year ago
3300 views
New 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.