With a fair wind offshore wind farms are coming

Offshore wind is coming to NZ, but the question is when. (Image: Getty)

Tue, 24 Sep 2024

The development of offshore wind electricity generation will require certainty over many years about the allocation of permits and revenue streams, says the global chief executive of BlueFloat Energy, Carlos Martin Rivals.Based in Spain, Rivals was recently in New Zealand after the Government released its plans for an offshore renewables regime.One of the key parts of the proposed law is a tiered permit system.An initial feasibility permit will provide the exclusive right to apply for a commercial permit in a specified area.The intention is to...

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