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Budget 2010 Home Page Estimates of Appropriations 2010/11

Vote Energy

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister for Climate Change Issues (M12), Minister of Energy and Resources (M28)

ADMINISTERING DEPARTMENT: Ministry of Economic Development

MINISTER RESPONSIBLE FOR MINISTRY OF ECONOMIC DEVELOPMENT: Minister for Economic Development

Overview of the Vote

The Minister of Energy and Resources is responsible for appropriations in the Vote for the 2010/11 financial year covering the following:

  • a total of just over $33 million for policy advice on the operation and information disclosure of energy resource markets, management of the Crown mineral estate, administration of the gas, electrical safety and measurement and energy efficiency regimes, implementation of the New Zealand emissions trading scheme and associated emissions unit register, and provision of information on stock and flow levels of the energy and minerals sectors
  • a total of just under $103 million for the Electricity Commission's work in regulating the electricity system, securing reserve energy supplies for New Zealand now and into the future, and promoting electricity efficiency
  • a total of just under $130 million for the Energy Efficiency and Conservation Authority's work in promoting energy efficiency, including by providing grants and assistance of just over $100 million for the Warm Up New Zealand: Heat Smart programme
  • a total of $6 million over the remaining two years of a three year multi-year appropriation to support the acquisition of seismic data from New Zealand's frontier petroleum basins
  • a total of $12 million for grants relating to New Zealand produced biodiesel
  • a total of $21 million over the remaining three years of a five year multi-year appropriation for variable costs relating to maintaining a secure supply of energy for New Zealand subject to the impending sale of the plant; note that in the event of the Whirinaki power station operating, the related costs are normally recovered from the sale of the resulting electricity generated
  • a total of $17 million for the operating, maintenance and depreciation costs relating to the Whirinaki power station, subject to the impending sale of the plant
  • a total of $3 million to manage and fund New Zealand's oil stocks obligations with the International Energy Agency
  • a total of under $1 million for international membership fees and to meet Ministry of Energy residual liabilities, and
  • a total of just under $7 million in the remaining year of a four year multi-year appropriation for the deployment of marine energy devices.

Details of these appropriations are set out in Parts 2-6 for Vote Energy in the Information Supporting the Estimates of Appropriations.

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