This Government is taking action to unlock private investment in hydrogen.
After a period of relative stability, our energy system is undergoing a period of challenge and opportunity. Recent months have demonstrated how critical it is that we have a diversified, resilient energy system. And over the longer term, purchasers of New Zealand goods and services are increasingly demanding low-carbon products, delivered to market on low-carbon trucks, planes, and ships.
New Zealand is fortunate to have abundant renewable energy potential, which provides a strong foundation to electrify much of our economy, but also to produce hydrogen and other green fuels for activities that are less suited to electrification.