|Policy Type:||Economic Instruments, Research, Development and Deployment (RD&D)|
|Agency:||Energy Efficiency & Conservation Authority|
In March 2005, the NZ Cabinet confirmed additional policy to assist energy-intensive businesses (EIBs) to reduce greenhouse gas emissions through improved energy efficiency and conservation. The centrepiece of the package was a grants scheme.
Pilot projects were undertaken with firms in energy intensive sectors from 1 July 2005. Selected firms received cash grants to assist them to introduce and demonstrate energy efficient technologies relevant to each sector. This was backed with training and education initiatives.
The New Zealand government aims to conserve 5% of fossil fuel and 7% of electricity used generally. Some target firms face 20% energy efficiency targets. In aggregate, such conservation would reduce emissions by at least 300 MtCO2e per year, about 3% of emissions from industrial and commercial sources.
In 2014 EECA's work with businesses was re-organised under the EECA Business Programme to target the largest energy-using businesses in New Zealand more effectively, by working one to one with senior executives of the ‘top 200’ largest energy users. Engagement with other businesses is according to the scale of their energy use, and is led by service providers, industry associations and sector groups.
|This record is superseded by:||EECA Business Programme|
Last modified: Wed, 19 Nov 2014 17:05:46 CET