INDEPENDENT NEWS

Investing in a clean energy future for Taranaki

Published: Fri 6 Apr 2018 01:32 PM
Investing in a clean energy future for Taranaki
The Provincial Growth Fund (PGF) will invest $150,000 to investigate establishing Taranaki as an internationally recognised leader in clean energy technology, Regional Economic Development Minister Shane Jones says.
The PGF funding will provide $100,000 towards a feasibility investigation of establishing a New Energy Development Centre, and $50,000 towards helping advance the take-up of hydrogen technologies in the region.
“Taranaki has a well-established energy sector dating back more than 70 years,” Shane Jones said.
“It is currently based on conventional oil and gas extraction with the addition of value-added products, such as methanol and ammonia-urea. With the impending shift to renewables, Taranaki is faced with either the gradual demise of this industry or a refocus on the renewable energy market.
“Taranaki companies are well placed to develop a number of clean technologies, taking them out of the lab and into the real world.
“The vision for the future is to have strong, secure and sustainable energy and petrochemical industries, but also to be an exporter of renewable energy, clean energy ideas, solutions and technologies. Ideally Taranaki would be the location of choice for new energy companies and energy technology developers, looking to retain the region’s status as the nation’s energy leader.
“Taranaki has a long history in the energy sector and these investments are designed to find ways of future proofing the industry.
“Change is coming and we need to start getting ready for it,” Shane Jones said.

Next in New Zealand politics

Armed police patrols will cause American-style shootings
By: People Against Prisons Aotearoa
Gordon Campbell on a new book on the leaky homes scandal
By: Gordon Campbell
Review finds NZTA road safety regulation failings
By: RNZ
Climate Change Commission Chair-designate announced
By: New Zealand Government
Government putting right Holidays Act underpayment in Health
By: New Zealand Government
Police should not have pursued youths on Auckland motorway
By: Independent Police Conduct Authority
Police trial new response to high risk events
By: New Zealand Government
Police to pilot Armed Response Teams
By: New Zealand Police
Sroubek report confirms Minister made wrong decision
By: New Zealand National Party
NZTA to refocus on safety following review
By: New Zealand Government
NZTA to adopt "safety first"?
By: Movement
NZ roads will never cope with heavier trucks
By: Citizens Environmental Advocacy Centre
National Party open to higher methane targets
By: BusinessDesk
NZ to go Dutch to battle climate change
By: BusinessDesk
Small end of town needs to chip in on climate change - Carr
By: BusinessDesk
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media