Energy Resources Aotearoa

Energy Resources Aotearoa welcomes today’s announcement from Genesis Energy and other major electricity generators, Mercury, Meridian, and Contact, setting out a proposed long-term agreement to establish a strategic energy reserve and retain Huntly’s Rankine units to support a secure energy future for New Zealand.

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Energy Resources Aotearoa is delighted by today’s announcement by Resources Minister Shane Jones of $200 million for Crown co-investment in new domestic gas field developments in Budget 2025.

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Energy Resources Aotearoa warns that consumers will ultimately face higher costs at the pump because of new Minimum Stockholding Obligations (MSO) announced.

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New data from the Ministry of Business Innovation and Employment (MBIE) reveals that from October to December 2024, electricity generation recorded its lowest quarter since 2016.

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Energy Resources Aotearoa welcomes the Government’s decision to explore supercritical geothermal technology (SCGT) in the Taupō Volcanic Zone, led by member organisation GNS Science and the Ministry of Business, Innovation & Employment.

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Energy Resources Aotearoa welcomes the introduction of the Crown Minerals Amendment Bill to the House, which will include reversing the 2018 ban on new gas exploration outside onshore Taranaki.

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