Electricity network costs are currently driving increases in New Zealanders’ power bills and the energy sector needs to help make power more affordable, announced Energy Minister Simeon Brown and Commerce and Consumer Affairs Minister Cameron Brewer today.
MBIE provides a weekly report to the Minister for Energy, here you can find our weekly reports from April 2024 onwards. We release these reports on a monthly basis.
New Zealand has long relied on the strength of the resources beneath our feet. Geothermal energy is one of those rare national advantages — dependable, innovative and capable of powering real economic momentum.
Despite its vast potential, New Zealand’s geothermal sector faces several barriers. Exploration has stagnated since the Crown’s initial drilling efforts, with high upfront costs and fragmented access to geothermal data.
To deliver on the strategy’s vision and outcomes an action plan has been developed with five central goals. But the actions in this strategy are more than a checklist – they represent the practical steps that will turn vision into reality. This section unpacks the action plan and shows how it will deliver our vision.