Aotearoa Wave and Tidal Energy Association Conference 29 May 2008 Hon. David Parker Minister of Energy
Renewable electricity target 90 per cent of electricity from renewable sources by 2025
Actions for renewables National policy statements on renewable electricity generation electricity transmission - to provide guidance for councils Advice and support
Marine potential Potential –Wave - up to 100 kW per metre of wave crest length –Tidal - harbour flows and ocean currents Developing technology Innovative and entrepreneurial people
Marine Energy Deployment Fund $8 m over four years Pre-commercial projects Useful information on costs and benefits
MEDF Grant Crest Energy Ltd $1.85 m First stage of Kaipara Harbour project One to three tidal stream generators
Kaipara harbour
Resource consent process underway Cultural and environmental considerations Hearings underway this week
Potential contribution 200 turbines 1 MW each 540 GWh of energy a year
What’s next Marine Energy Deployment Fund Round Two –Adjusting criteria –Extending timeframe –Applications open 31 July 2008 –Applications close 24 November 2008
Concluding comments