This bill aims to do three main things for you and New Zealand. It wants to make it clearer for developers to invest in offshore renewable energy developments. This will help developers make informed decisions about their investments.

The bill also wants to let the government choose offshore renewable energy developments that are best for New Zealand's national interests. This means the government will select developments that benefit the country as a whole. The government will consider what is best for New Zealand when making these choices.

The bill also aims to manage the risks that offshore renewable energy developments might pose to the government and the public. This will help keep you and the country safe from any potential problems with these developments. It will make sure that any risks are carefully thought about and planned for.