National Impact Study on New Zealand Offshore Wind Industry

This document is a National Impacts Report that outlines the benefits, costs, opportunities, and challenges associated with establishing an offshore wind industry in New Zealand. It aims to inform and progress a national discussion on offshore wind and support investment planning, industry coordination, and policy development. The report emphasizes the transformative potential of offshore wind to enhance New Zealand's sustainable economic future, estimating that the industry could generate between $12 billion and $94 billion in Gross Domestic Product over its lifespan. It highlights the creation of a wide range of skilled jobs, particularly in regions like Taranaki, and discusses the importance of investments in infrastructure to facilitate development. The report also addresses the role of offshore wind in achieving New Zealand's 'net zero' emissions target by 2050, its potential to decarbonize transport emissions, and the need for detailed environmental studies to understand impacts on marine ecosystems. Overall, the report presents a comprehensive assessment of the offshore wind sector's implications for the economy, environment, energy system, and local communities.