To reduce the time, cost and risk associated with the development and commercialisation of energy innovation in Aotearoa by fostering a new energy ecosystem and leveraging national and global knowledge, as New Zealand transitions to a low emissions future.
Our key objectives as stated in our MBIE funding agreement
1. Research and technology development
Identify opportunities that could be commercialised and build the knowledge base of national and international ideas and technology.
2. Connect and complete the energy ecosystem
Enable domestic and international relationships between industry, investors, researchers, governments and energy innovators.
3. Pathways to commercialisation
Support energy innovation development and commercialisation activities, including the development of solutions to pilot new technologies and help initiatives to become investment ready.
4. Trusted advisor
Provide targeted, tailored advice on activities in the innovation chain focused on energy developments and opportunities for applying overseas technologies in New Zealand.
5. Support Government strategy
Ensure Ara Ake is aligned with government energy strategy.
Ensure Ara Ake has independent skill-based governance and management arrangements.
Ensure Ara Ake is moving towards long-term financial independence from Government funding.
Our strategic initiatives
In order to meet the above objectives, Ara Ake will focus on the key strategic initiatives below. Ara Ake will work collaboratively on similar initiatives being managed by other government agencies, to ensure a joined up approach on insights, commercialisation and technology development.