Latest news with #EnergyResourcesAotearoa
Scoop
22-05-2025
- Business
- Scoop
Budget 2025 - Backing New Zealand Gas For The Future
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. Chief Executive John Carnegie says the new spending in Budget 2025 for domestic gas field development represents pragmatic and long-overdue action to secure New Zealand's energy future. "Natural gas is critical to ensuring affordable and reliable energy for New Zealanders. Today's announcement is a bright flare to investors, a sign that the government is serious about energy security, affordability, and economic resilience - and that New Zealand is open for business," Carnegie says. "We're pleased to see the proposed Crown stake of up to 10-15% in new gas field developments acknowledges the scale and risk of bringing new supply online. Major projects require substantial capital, and Government participation can help de-risk and catalyse investment." Carnegie says the investment has wide implications for New Zealand's industrial sector and regional economy. "Gas underpins everything from electricity generation to food processing, and declining reserves have already placed pressure on everyone from major exporters to small domestic manufacturers. We hope this move will help stem the decline and ensure these sectors can continue to drive New Zealand's economic future using affordable, reliable, domestic energy." Carnegie says the industry is ready to work with the government to ensure the co-investment framework is commercially sound and delivers outcomes that benefit all Kiwis. "We look forward to continuing to work with the Government to restore investor confidence, reduce our dependence on imported coal, and ensure New Zealand has the tools to manage our energy future on our own terms."
Scoop
24-04-2025
- Business
- Scoop
Energy Resources Aotearoa Welcomes New Industry-Led Work-based Learning Model
Energy Resources Aotearoa has welcomed Vocational Education Minister Penny Simmonds' announcement today confirming the introduction of an independent, industry-led model for work-based learning from 1 January 2026. John Carnegie, Chief Executive of Energy Resources Aotearoa, says the announcement reflects strong industry feedback and is a positive step forward for vocational education in New Zealand. "It's great to see the Government listening to industry and confirming the 'independent learning model' that we and others have strongly advocated for," says Carnegie. "This approach recognises the importance of relevant, fit-for-purpose training that meets the real needs of employers and learners." Carnegie says the energy sector, in particular, has faced challenges under the current system. "In the past, the energy industry has had to work across two different standard-setting bodies, creating fragmentation and inefficiencies. We would like to see a cohesive Industry Skills Board representing the broad energy sector to ensure consistency and coordination across our workforce needs. This is especially important given the skills deficit and the particular challenges the sector faces to deliver secure, reliable and affordable energy to households and businesses." Carnegie says the timeframe is tight, but the 2026 start date provides some runway to prepare for the transition. "We acknowledge that the timeframe is ambitious, but we also appreciate the clarity that changes will take effect from January 2026. This allows industry and training providers to plan for a smooth shift." Carnegie also highlights the need for more detail on implementation. "We would like to see more detail on how the Industry Skills Boards will be appointed and when this process will begin. It's also important that we get clarity around the structure of these boards, particularly which industries will fall under which board, and how those decisions will be made. This is especially important given the skills deficit and the particular challenges the sector now faces to deliver secure, reliable and affordable energy to households and businesses." Energy Resources Aotearoa looks forward to working closely with Government to ensure the new model delivers high-quality, relevant training that supports a skilled workforce for the energy sector and beyond.
