Like many areas of the New Zealand economy, the energy sector is undergoing significant transformation. The Government has sought to accelerate and enable the development of critical energy projects (both renewable and non-renewable) as it looks to unlock investment and grow the New Zealand economy. Its overarching goals for energy are to increase competition in the energy sector, increase energy generation (including by doubling renewable energy generation by 2050) and increase security of our energy supply.

The Government is sending strong signals that New Zealand is "open for business" with its changes to the Overseas Investment regime, which should significantly reduce time, cost, and uncertainty for certain types of renewable energy projects. The question is, are we moving fast enough?

In this latest edition of our Energy Outlook report, we focus on:

• New Zealand’s regulatory settings for energy investment
• Consenting reform
• Increasing sources of energy supply
• Incentivising foreign investment
• Energy Competition Task Force changes to the electricity market
• Our view of the Government's programme

Download our Energy Outlook below and get in touch with a member of our Energy Team for assistance with your next project or investment.