ENERGY
South Taranaki Offshore Wind Project
Taranaki Offshore Partnership (CIP / NZ Super Fund) · Taranaki
A proposed ~900MW fixed-bottom offshore wind farm in the South Taranaki Bight (~230 km²) by the Taranaki Offshore Partnership — a joint venture of Copenhagen Infrastructure Partners and the NZ Super Fund — enough to power ~430,000 homes. Feasibility/early development stage, dependent on NZ's new offshore-wind permitting regime. Indicative multi-billion-dollar cost.
C
Breakdown▾
51% · Uncertain
Completion Probability — likelihood this proceeds on roughly its stated timeline.
Each axis is a scoring factor (0–100%)
Key facts
- Region
- Taranaki
- Sector
- Energy
- Status
- Planning
- Estimated value
- $5b
- Indicative completion
- 2035
- Funding status
- No Source
- Lead organisation
- Taranaki Offshore Partnership (CIP / NZ Super Fund)
- Election risk
- Medium
Election risk assessment
Early-stage and dependent on NZ's still-developing offshore-wind regulatory and permitting regime; broadly supported but a change of government or policy could reshape it.
Government priority alignment
HIGH — Large-scale offshore renewable generation supporting decarbonisation.
Chronology
- 2022Taranaki Offshore Partnership begins investigating the South Taranaki Bight site
- 2024Government progresses an offshore renewable energy permitting regime
- 2035Indicative earliest operation, subject to permitting and final investment decision