Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Latest energy statistics published

Latest energy statistics published

The Ministry of Business, Innovation and Employment has today published Energy in New Zealand 2014, which contains a wide range of energy-related information based on new and consolidated statistics.

Energy in New Zealand 2014 details the supply, transformation and use of all types of fuel in New Zealand. It also contains information on energy prices, international comparisons and oil and gas reserves.

New Zealand’s use of energy relative to GDP or “energy intensity” is continuing to improve. In real terms, energy intensity was 1.8 percent lower in 2013 than in 2012. This continues an average downward trend in New Zealand’s overall energy intensity of 1.4 percent per year since 1990.

Oil and gas exploration and development expenditure increased to $1.577 billion in 2013, up 7 percent from 2012. In 2013, 32 wells were drilled to a cumulative depth of over 93 km.

Gas reserves have been revised upwards by 31 percent from 2012, and the remaining reserves at 2,642 petajoules are now the highest in 13 years. This reflects a significant increase to the reserves at several key fields. Sustained drilling programmes at Maui and Mangahewa, as well as a number of well surveys at Pohokura and Kupe, have enabled a better understanding of these fields.

The share of electricity generated from renewables increased to 75.1 percent, up from 72.8 percent in 2012. The main factors driving this growth were an increase in geothermal electricity generation capacity (commissioning of Ngatamariki), and the retirement of a second 250 MW coal-fired generation unit at Huntly during the year.

During 2013, 35,500 barrels of crude oil and condensate were produced in New Zealand on average per day – 14 percent less than in 2012. The main reason for this drop was an extended maintenance shutdown at the Maari oil field late in the year.

Net production of natural gas (excluding production losses and flaring) in 2013 was 181 petajoules, an increase of 7 percent from 2012.

Energy in New Zealand 2014 is used by MBIE and other government agencies to develop policies on energy and to forecast energy supply and demand, as well as by energy sector participants and by the International Energy Agency.

It is available on MBIE’s Economic Development website at


© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news