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Unlocking New Zealand's Offshore Wind Potential: Government Amendments for Industry Growth

5 hours ago | 35 views

The 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 Cabinet