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Draft critical minerals list released for consultation 15 September 2024

A draft list identifying minerals essential to New Zealand’s economy and susceptible to supply disruptions has been released for consultation.

Low hydro lake levels drive increase in non-renewable electricity generation 12 September 2024

New data from MBIE shows that between April and June this year, extra coal and gas were needed to generate enough power for New Zealand homes and businesses.

Seeking feedback on applying the consumer data right to banking and electricity 02 September 2024

The government is progressing the development of a ‘consumer data right’ to give individuals and businesses greater choice and control over their data. This is done through the Customer and Product Data Bill, which has been introduced to Parliament and is now before the Economic Development, Science and Innovation Committee.

Gas production forecast to fall below demand 11 July 2024

Natural gas production in New Zealand is expected to drop below demand, according to the latest oil and gas reserves data released by the Ministry of Business, Innovation & Employment (MBIE).

More wind and solar generation needed to meet future demand 03 July 2024

Aotearoa New Zealand will require new generation to meet future electricity demand, according to the latest Electricity Demand and Generation Scenarios (EDGS) report released by the Ministry of Business, Innovation and Employment (MBIE) today.

Natural gas production continues to decline 13 June 2024

New Zealand’s natural gas production continues to decline according to the latest Energy Quarterly data released today by the Ministry of Business, Innovation and Employment (MBIE).

MBIE stands up Gas Security Response Group 10 May 2024

The Ministry of Business, Innovation and Employment (MBIE) has today convened the first meeting of the Gas Security Response Group.

Increased renewable generation capacity for December quarter 14 March 2024

The renewable share of electricity generation was 90.3% for the October to December 2023 quarter, according to data released today by the Ministry of Business, Innovation and Employment (MBIE).

One onshore petroleum exploration permit granted 05 March 2024

One onshore petroleum exploration permit has today been granted through the Block Offer 2020 competitive tender process.

Tui Project’s offshore decommissioning works completed 01 March 2024

The last of the Tui Oil Field’s subsea infrastructure has been removed and returned to shore, bringing the Ministry of Business, Innovation and Employment’s Tui Project’s decommissioning activities to a close.