Priority given to renewable electricity

Issue 27 – May 2011

On 12 April 2011 the Government announced its National Policy Statement on Renewable Electricity Generation under the Resource Management Act 1991 to encourage investment in wind, geothermal, hydro, and tidal power.

'This National Policy Statement (NPS) is about Government recognising the importance of renewable energy and will help New Zealand meet its targets of 90% renewable electricity by 2025 and 50% reduction in greenhouse gas emissions by 2050,' says Minister for the Environment Hon Dr Nick Smith. 'The NPS requires local authorities to recognise the importance of new renewable generation for New Zealand in their resource management plans and consent decisions. The result will be more consistent and pragmatic rules that will encourage investment in renewable energy.

'The Government is determined that New Zealand better utilises its extensive wind, geothermal, hydro, and tidal energy resources. In our first year we streamlined the consent process. In our second year we introduced the amended Emissions Trading Scheme that provides a clear price signal and competitive advantage for renewables. Our third step this year is the National Policy Statement on Renewable Electricity Generation. I am confident these policy changes will stimulate a new era of investment in renewable electricity generation in New Zealand.'

Read the full media release (www.beehive.govt.nz/release/priority-given-renewable-electricity) or visit www.mfe.govt.nz/npsreg for more information.

Summarised from a media release by the Minister for the Environment Hon Dr Nick Smith 12 April 2011.

Published in energy.