Articles tagged with Energy Security
Energy Minister Simon Watts to Attend Indo-Pacific Energy Security Forum 2026
1 week ago | 107 viewsEnergy Minister Simon Watts is traveling to Japan to participate in the Indo-Pacific Energy Security Ministerial and Business Forum, emphasizing the importance of energy security amid Middle East conflicts and geopolitical uncertainty. New Zealand is committed to securing global energy supply chains, particularly for liquid fuels, and remains prepared with resilient fuel systems and healthy stockpiles. The forum provides a key opportunity for New Zealand to collaborate with Indo-Pacific partners and support the International Energy Agency’s collective actions.
Tags: Simon Watts Energy Minister New Zealand International Energy Agency energy security fuel supply Middle East conflict international collaborationNew Zealand Joins Global Effort to Secure Critical Minerals for Energy Future
1 month ago | 262 viewsNew Zealand has joined 32 member countries at the 2026 International Energy Agency Ministerial meeting in endorsing a Declaration to strengthen global cooperation on critical minerals essential for the clean energy transition and long-term energy security. The Declaration directs the IEA to enhance data collection, market monitoring, emergency preparedness, and innovation in recycling and recovery, while New Zealand aims to leverage its mineral resources and strong environmental standards to become a reliable supplier in global critical mineral supply chains. Resources Minister Shane Jones emphasized that responsible development of these minerals will boost economic resilience, create skilled jobs, and strengthen international partnerships.
Tags: New Zealand Simon Watts Shane Jones International Energy Agency critical minerals energy security clean energy transition lithium rare earth elements vanadiumNew Zealand to Build LNG Import Facility Boosting Energy Security and Economy
1 month ago | 308 viewsThe New Zealand Government will build a liquefied natural gas (LNG) import facility to enhance energy security, stabilize electricity prices, and support economic growth amid declining domestic gas supply and increasing reliance on coal and diesel. This facility, expected to be operational by 2027 or 2028 in Taranaki, will provide a reliable backup fuel source, potentially saving households $50 annually and protecting around 2,000 jobs by reducing price spikes and supply risks. The project aims to foster competition, enable resource development, and support gas-dependent industries while minimizing exposure to international gas prices through strategic import management.
Tags: Simon Watts New Zealand LNG import facility Energy Minister Sense Partners Taranaki Government energy security renewable electricity gas supply$1.6M Grant Boosts Solar Power and Energy Security for Horeke Community
3 months ago | 417 viewsA $1.6 million grant from the Regional Infrastructure Fund will support a new solar project to strengthen electricity supply for the remote Māori community of Horeke in Northland, benefiting around 100 households, five marae, and one school. The upgrade will address frequent power outages, reduce reliance on diesel and gas, and enable economic growth through eco and cultural tourism. The grant, provided to the Utakura 7 Incorporation trust, will fund construction and network improvements to enhance energy security and support essential services, especially during extreme weather events.
Tags: Shane Jones Hokianga Horeke Utakura 7 Incorporation Regional Infrastructure Fund Northland Māori community solar project energy security eco tourismBoosting New Zealand's Gas Supply: $200M Fund Expansion for Energy Security
4 months ago | 426 viewsThe 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.
Tags: Shane Jones Chris Bishop gas supply investment fund energy security petroleum sector gas exploration gas storage energy affordability New ZealandNew Zealand's Wood Energy and Biogas Strategy for Sustainable Energy Future
5 months ago | 495 viewsThe 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.
Tags: Government Wood Energy Strategy Action Plan Biogas New Zealand Energy Security Mr Watts Forestry Minister Todd McClay Energy Efficiency and Conservation Authority (EECA) Renewable EnergyGovernment Ensures Capital Support for Vital Electricity Infrastructure Investments in New Zealand
5 months ago | 566 viewsThe 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.
Tags: Government power companies investment electricity infrastructure Nicola Willis Crown MOM companies energy security Simon Watts New ZealandNew Zealand Revives Gas Exploration with Open Market Applications
6 months ago | 658 viewsPetroleum 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.
Tags: Shane Jones Petroleum operators Exploration permits Gas reserves Block Offer New Zealand Energy security Budget 2025 Hobby miners Regulatory scrutinyEnergy Minister Simon Watts Joins APEC Leaders in Busan for Energy Security Discussions
7 months ago | 782 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 ZealandGenesis, Mercury, Meridian, and Contact Establish Strategic Energy Reserve to Boost Energy Security and Affordability in New Zealand
7 months ago | 1122 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
7 months ago | 1224 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 liability