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Energy & Resources 2009 Archive
Seismic search for oil and gas starts
Survey work has started to assess the potential of the Reinga Basin, which is located some 300 kilometres north-west of Northland and has the potential to produce commercial quantities of oil and gas.
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New policy statement on electricity governance
Energy and Resources Minister Gerry Brownlee has released for consultation a revised policy direction for the Electricity Commission.
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Ministerial review of Electricity Market
A Ministerial review of the electricity sector started recently.
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New Zealand joins global emissions control initiative
New Zealand has become a founding member of the Global Carbon Capture and Storage Institute (GCCSI) launched by Australian Prime Minister Kevin Rudd on 16 April 2009.
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Boost for business to make kiwi homes warmer, drier and healthier
Business, local government, electricity companies and others have an opportunity to get involved in a scheme that will provide over 180,000 New Zealand households with access to grants for insulation and clean heating over the next four years, as part of a major investment in household energy efficiency.
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Reminder: Electricity Market Review submissions
Submissions on the Electricity Market Review discussion paper "Improving Electricity Market Performance" are due by 5.00pm Wednesday 16 September 2009.
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New Zealand Energy Outlook 2009 released
The Ministry of Economic Development has released the first stage of the 2009 edition of the New Zealand Energy Outlook.
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Electricity Market Review submissions
Submissions on the Ministerial Review of Electricity Market Performance discussion document closed on 16 September 2009.
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Busy offshore oil and gas exploration season starts
Crown Minerals has contracted the ship MV Bergen Resolution to conduct an offshore seismic survey this summer.
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Consultation for Schedule 4 review
The government has finalised the process it will be following for the review of Schedule 4 of the Crown Minerals Act.
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Outcome of Ministerial Review into Electricity Market Performance
On 9 December 2009, the Government announced a package of 29 measures to address pricing, competition, market performance and governance issues within the electricity market.
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Maximising New Zealand’s petroleum potential
New Zealand’s largely unexplored petroleum resource could be one of the country’s most significant opportunities to drive a step change in New Zealand’s economic performance.
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Industrial allocation under the ETS
The Ministry for the Environment has released a consultation document as a first step in the process of allocating emission units to industry under the New Zealand Emissions Trading Scheme (NZETS).
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