New Zealand is currently grappling with an energy crisis despite having significant renewable energy potential. Spiralling electricity prices, reliance on imports like coal, and limited energy storage have led the country to face shortages and high power prices. The government is exploring the regulation of the electricity market to address these issues, including challenges posed by a small number of major generation retailers and a complex resource consent process. The country aims to increase renewable energy usage to 60% by 2050, emphasizing the need for reliable storage solutions to manage the variability of renewable sources. The article highlights how green hydrogen and ammonia production could serve as viable storage options, enabling excess renewable energy to be stored, utilized, and even exported for economic gains. Despite facing challenges in attracting foreign investment and streamlining energy policies, New Zealand is urged to invest in green hydrogen technology and renewable energy storage to secure its energy future. The potential of green hydrogen, which emits only water vapour when burned, and green ammonia presents not only environmental benefits but also economic opportunities in the global market. The article notes examples of initiatives already underway in New Zealand, such as the production of green hydrogen from geothermal power plants and the manufacturing of hydrogen technologies. By embracing green hydrogen and renewable energy storage, New Zealand can position itself as a leader in sustainable energy solutions, attract investments, and contribute to a greener and more prosperous future.