- Update
-
- Format
- 3 files (PDF report, 2 Excel files)
- Pages
-
57 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
Buy New Zealand energy report
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After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).
Overview
New Zealand is advancing towards carbon neutrality and high renewable generation, supported by regulatory frameworks and substantial investments in wind and solar power.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- The country has set a target a 90% share of renewables in the electricity mix in 2025 (88% reached) and a reduction of GHG emissions by 51-55% in 2035 compared to 2005.
- The country aims to become carbon neutral by 2050.
- Offshore oil and gas exploration was reauthorised in 2025.
- Four companies account for around 80% of the power generation: Meridian, Mercury, Contact Energy, and Genesis Energy.
- Renewables accounted for 87% of the power mix in 2025 (+15 pp since 2010) and for 51% of total energy supply (+13 pp). Power generation has remained stable since 2010.
- Final energy demand has been stable since 2014. The domestic gas price increases as more fields deplete while waiting for the country first LNG import terminal.
- Oil product prices follow international trends.
- Over 12 GW of wind and solar projects are in various phases of development.
Energy & Climate Policy Framework
The Building, Resources and Markets department of the Ministry of Business, Innovation and Employment (MBIE) is responsible for the energy sector policy. The country's oil, gas, and coal resources are regulated by New Zealand Petroleum & Minerals (NZP&M), a division of the Building, Resources, and Markets department.
Energy Companies
Gas:
OMV increased its production following the purchase of Shell's assets in 2018 for USD578m, which allowed the company to become the main stakeholder of the Pohokura field (OMV 74%, Todd Energy 26%) and Māui fields (OMV 100%). In 2026, the company informed the government that the Māui gas field would cease production by the end of 2026.
Energy Supply & Demand
Gas:
The production of natural gas has decreased by nearly 4%/year since 2010, reaching 2.6 bcmin 2025. The peak production was reached with 6.5 bcm in 2001.
Energy Use and Price by Sector
Energy Prices in Residential:
Energy prices for households have been relatively stable since 2015, at around USD10c/kWh for gas and USD20c/kWh for electricity. In 2025, electricity price remained stable at USD20.1c/kWh (5% above its 2019 level), while gas price spiked to USD13.2c/kWh (+23% compared to 2024, +38% compared to 2019). Retail power prices are not regulated.
Issues & Prospects
Electricity:
The MBIE plans growth in electricity demand between 2% and 2.2%/year by 2050 to68-72 TWh to reach the climate targets. Electricity could represent more than half of the energy consumption in 2050. In those scenarios, 10 GW of new capacity are needed by 2040 and 15 GW by 2050 in the "growth" scenario. Most of it will be solar and wind.
- Graph 1: Primary Consumption Trends by Energy Source
- Graph 2: Total Consumption Market Share by Energy (2025)
- Graph 3: Installed Electric Capacity by Source
- Graph 4: Installed Electric Capacity by Source (2025)
- Graph 5: Gross Power Production by Source & Consumption
- Graph 6: Power Generation by Source (2025)
- Graph 7: Crude Oil Production & Consumption
- Graph 8: Petroleum Products Production & Consumption
- Graph 9: Gas Production & Consumption
- Graph 10: Coal Production & Consumption
- Graph 11: Emissions of GHG and CO2 from Fuel Combustion
- Graph 12: Final Demand Trends by Energy Source
- Graph 13: Final Consumption by Sector
- Graph 14: Final Consumption Market Share by Sector (2025)
- Graph 15: Final Consumption in Industry by Energy Source
- Graph 16: Energy Prices in Industry (Taxes Included)
- Graph 17: Final Consumption in Transport by Energy Source
- Graph 18: Energy Prices in Transport (Taxes Included)
- Graph 19: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 20: The Energy Prices in Residential (Taxes Included)
- Graph 21: Upcoming New Capacity by Energy Source
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The New Zealand energy market data since 1990 and up to
is included in the Excel file accompanying the New Zealand country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- New Zealand Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the New Zealand energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).