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Aotearoa Wave and Tidal Energy Association Conference 29 May 2008 Hon. David Parker Minister of Energy
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Renewable electricity target 90 per cent of electricity from renewable sources by 2025
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Actions for renewables National policy statements on renewable electricity generation electricity transmission - to provide guidance for councils Advice and support
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Marine potential Potential –Wave - up to 100 kW per metre of wave crest length –Tidal - harbour flows and ocean currents Developing technology Innovative and entrepreneurial people
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Marine Energy Deployment Fund $8 m over four years Pre-commercial projects Useful information on costs and benefits
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MEDF Grant Crest Energy Ltd $1.85 m First stage of Kaipara Harbour project One to three tidal stream generators
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Kaipara harbour
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Resource consent process underway Cultural and environmental considerations Hearings underway this week
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Potential contribution 200 turbines 1 MW each 540 GWh of energy a year
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What’s next Marine Energy Deployment Fund Round Two –Adjusting criteria –Extending timeframe –Applications open 31 July 2008 –Applications close 24 November 2008
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Concluding comments
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