1. Aotearoa Wave and Tidal Energy Association Conference 29 May 2008 Hon. David Parker Minister of Energy

3. Renewable electricity target 90 per cent of electricity from renewable sources by 2025

4. Actions for renewables National policy statements on renewable electricity generation electricity transmission - to provide guidance for councils Advice and support

5. 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

6. Marine Energy Deployment Fund $8 m over four years Pre-commercial projects Useful information on costs and benefits

7. MEDF Grant Crest Energy Ltd $1.85 m First stage of Kaipara Harbour project One to three tidal stream generators

8. Kaipara harbour

9. Resource consent process underway Cultural and environmental considerations Hearings underway this week

10. Potential contribution 200 turbines 1 MW each 540 GWh of energy a year

11. What’s next Marine Energy Deployment Fund Round Two –Adjusting criteria –Extending timeframe –Applications open 31 July 2008 –Applications close 24 November 2008

12. Concluding comments