Geothermal plan targets energy growth by 2040

Geothermal plan targets energy growth by 2040

Shane Jones has launched a new national geothermal strategy aimed at expanding investment in geothermal energy and doubling New Zealand’s energy use by 2040, outlining a pathway to strengthen regional industry, improve energy resilience and support economic growth. Unveiled in Rotorua, the strategy, titled From the Ground Up, sets out measures to modernise regulatory settings, improve access to geothermal data, reduce early-stage development ris…

Bringing heat to New Zealand’s geothermal sector

The Government has unveiled its strategy to harness the tremendous power of its geothermal resources and double its energy use by 2040, Resources Minister Shane Jones says. From the Ground Up was launched by Mr Jones in Rotorua today, at an event attended by industry, stakeholders and media. The document sets out a practical plan to boost investment in the sector, build regional resilience and economic growth. “Geothermal has been used for gener…