Greater competition and lower prices for Kiwi consumers are a step closer today as consultation begins on ‘open banking’ and ‘open electricity’ Commerce and Consumer Affairs Minister Andrew Bayly and Energy Mini
The Government will progress a series of reforms to make it easier and cheaper to consent, build and maintain renewable electricity generation as well as electricity distribution and transmission.
Cabinet has moved quickly to approve a raft of actions to address the serious risk to New Zealand’s energy security and affordability, Energy Minister Simeon Brown and Resources Minister Shane Jones say.
A study of New Zealand’s fuel security, including investigating reopening the Marsden Point refinery, will soon get underway as the Coalition Government seeks to beef up the country’s resilience.
MBIE’s annual Petroleum Reserves report detailing a 20 per cent reduction in New Zealand’s natural gas reserves shows the need to reverse the oil and gas exploration ban, Energy Minister Simeon Brown says.
A Carbon Capture, Utilisation and Storage (CCUS) framework has been released by the Coalition Government for consultation, providing an opportunity for industry to reduce net CO2 emissions from gas use and production.
Energy Minister Simeon Brown has today released the terms of reference for the Electricity Authority’s investigation into the Northland transmission tower failure that occurred on 20 June 2024, causing significant power outages in the region.
The Ministry of Business, Innovation and Employment will halt work on procuring reserve diesel stock and explore other ways to bolster New Zealand’s diesel resilience.
The signing of individual 20-year bilateral long-term contracts between the New Zealand Aluminium Smelter (NZAS), Meridian Energy, Contact Energy, and Mercury NZ will provide certainty for the electricity market and will be a welcome relief for the Southland economy.
Energy Minister Simeon Brown has announced that the Government will make it easier for lines firms to take action to remove vegetation from obstructing local powerlines.
There has been a material decline in gas production according to figures released today by the Gas Industry Co.
Energy Minister Simeon Brown has announced 25 new high-speed EV charging hubs along key routes between major urban centres and outlined the Government’s plan to supercharge New Zealand’s EV infrastructure.
Energy Minister Simeon Brown has welcomed an important milestone in New Zealand’s hydrogen future, with the opening of the country’s first network of hydrogen refuelling stations in Wiri.
Associate Energy Minister Shane Jones is investigating the feasibility of reopening the Marsden Point Oil Refinery as part of the Coalition Government’s work on ensuring New Zealand has a secure fuel supply.
The Government has axed the $16 billion Lake Onslow pumped hydro scheme championed by the previous government, Energy Minister Simeon Brown says.
