Articles tagged with Energy Minister
Unlocking New Zealand's Offshore Wind Potential: Government Amendments for Industry Growth
1 week ago | 104 viewsThe Government is amending legislation to support New Zealand's offshore wind potential, aiming to boost economic growth and energy production. The Offshore Renewable Energy Bill is being revised to address concerns from offshore wind developers about coexisting with seabed mining activities. The amendments will create designated marine spaces for offshore wind projects, providing investment certainty while pausing new permits for seabed mining under the Crown Minerals Act.
Tags: Government legislation offshore wind potential Energy Minister Simon Watts economic growth regulatory regime Offshore Renewable Energy Bill seabed mining CabinetEnergy Minister Simon Watts Joins APEC Leaders in Busan for Energy Security Discussions
1 month ago | 224 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
1 month ago | 214 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 pricesKiwi Electricity Bill Savings Boosted by New Energy Market Changes
2 months ago | 594 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
2 months ago | 596 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 Resilience