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).
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The 117m construction support vessel, Sapura Constructor, will arrive in New Plymouth tomorrow in preparation for removing the last of the Tui Oil Field’s infrastructure.
The Low Fixed Charge Tariff regulations are currently being phased-out over a 5-year period that started on 1 April 2022. Removing these regulations will create a fairer, more equitable system.
Real and nominal price data relating to New Zealand’s energy prices — petrol, diesel, fuel oil, natural gas and electricity.
The Māori and Public Housing Renewable Energy Fund was set up in 2020 to trial renewable energy solutions that aimed to improve energy affordability, and help create warm, healthy and energy efficient homes.
In 2018-19, the independent Electricity Price Review investigated whether the electricity market was delivering a fair and equitable price to consumers and considered improvements to future-proof the sector and its governance structures. The Government established new workstreams to action many of the Review’s recommendations.
Removing the Low Fixed Charge Tariff regulations is essential for creating a fairer playing field for all New Zealand households. While all households are expected to benefit in the long term from the regulations being removed, some households may face higher power bills.
There are many underlying, and often complex, causes of energy hardship and any solution will need to address these issues across a number of fronts.
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.
Gas distributors may need to apply for gas operator status to perform certain activities in some areas.