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Budget 2011 Home Page Estimates of Appropriations 2011/12

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 2011/12 financial year covering the following:

  • a total of just over $6.600 million for policy advice on the operation and information disclosure of energy resource markets
  • a total of just under $14.900 million for the management of the Crown mineral estate
  • a total of just under $5.700 million for the administration of the gas, electrical safety and measurement and energy efficiency regimes
  • a total of just under $2.900 million for the provision of information on stock and flow levels of the energy and minerals sectors
  • a total of just over $80 million for the Electricity Authority's work in regulating the electricity system, and securing reserve energy supplies for New Zealand now and into the future
  • a total of just under $146 million for the Energy Efficiency and Conservation Authority's work in promoting energy efficiency, including by providing grants and assistance of just over $101 million for the Warm Up New Zealand: Heat Smart programme
  • a total of $9 million for grants relating to New Zealand produced biodiesel
  • a total of $2 million in the last year 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 Whirinaki Power station, and a total of $2 million for the operating, maintenance and depreciation costs relating to the station, subject to its impending sale
  • a total of $3.500 million in the second year of a four year multi-year appropriation for facilitating and promoting increased switching between suppliers by electricity consumers
  • 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 $1.400 million in the first year of a new five year multi-year appropriation for the deployment of marine energy devices.

The Minister for Climate Change Issues is responsible for appropriations in the Vote for the 2011/12 financial year covering a total of just over $6.400 million for the implementation and administration of the New Zealand emissions trading scheme and the associated emissions unit register.

The Ministry expects to collect just over $485 million of Crown revenue in 2011/12 which is mainly made up of: a total of just under $346 million from petroleum royalties; a total of just over $92 million in levies from the Electricity Industry; and a total of just over $30 million from gas energy resource levies.

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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