NZ joins renewable energy agency

Published: 8:02PM Sunday May 01, 2011 Source: ONE News

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  • NZ joins renewable energy agency  (Source: ONE News)
    Source: ONE News

New Zealand is now a full member of the International Renewable Energy Agency (IRENA).

Acting Minister of Energy and Resources Hekia Parata said the move gives New Zealand the opportunity to contribute to international efforts to increase the deployment of renewable energy technologies and drive down their costs.

New Zealand ratified the IRENA statute in January 2011 and was accepted as a member in April 2011. The Statute became binding from today.

IRENA, which is based in Abu Dhabi,  works in collaboration with other organisations including the International Energy Agency (IEA). It has a strong focus on capacity building in developing countries, including Pacific Island states.

Last year 74% of New Zealand's electricity came from renewable sources and the government has a target of 90% by 2025.

"Renewables and energy efficiency are a big part of our energy picture. We are a world leader in geothermal energy. Our rivers and lakes have long provided hydro-electricity and our wind resources are world class," Parata said.

"The gvernment is focused on renewables, the exploration of our natural resources, energy efficiency and the pricing of carbon as we manage our environmental responsibilities and economic opportunities.''

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