Articles tagged with Geothermal
New Zealand and Iceland Partner to Boost Geothermal Energy Innovation and Research
1 week ago | 95 viewsNew Zealand and Iceland signed an agreement to enhance cooperation in geothermal energy development through joint research, industry workshops, and academic exchanges, focusing on superhot and supercritical geothermal systems. This partnership builds on decades of shared expertise and recent collaborations, aiming to advance renewable energy innovation and support New Zealand's goals to double renewable generation by 2050 and boost geothermal production by 2040. The agreement was formalized at COP 30 and includes financial commitments, such as New Zealand allocating up to $60 million for geothermal exploration in the Taupō Volcanic Zone.
Tags: Winston Peters Shane Jones Simon Watts Jóhann Páll Jóhannsson New Zealand Iceland geothermal energy renewable energy COP 30 Taupō Volcanic ZoneStanford Expert to Lead New Zealand's Supercritical Geothermal Project Review Panel
1 month ago | 209 viewsProfessor Roland N Horne, an earth science and engineering expert from Stanford University, will lead the international review panel for New Zealand's supercritical geothermal exploration project. The panel also includes experts from Iceland and the US, aiming to access supercritical geothermal fluids at extreme depths. New Zealand's government has allocated up to $60 million for the project's exploration phase, with a technical team assembled from various organizations to drive the initiative forward.
Tags: Stanford University earth science engineering Professor Roland N Horne geothermal Shane Jones New Zealand supercritical geologist Dr Omar Friðleifsson Darrell GallupGeothermal Energy: Past, Present, and Future Perspectives from New Zealand
1 month ago | 201 viewsThe New Zealand Minister for Resources and Regional Development delivered a keynote address at the 2025 Indigenous Geothermal Symposium in Reno, Nevada, highlighting the cultural significance and future potential of geothermal energy. New Zealand, known for its geothermal electricity production, has a deep connection to geothermal resources rooted in Māori heritage. The country is investing in supercritical geothermal technology, aiming to lead in sustainable innovation and global energy transformation.
Tags: New Zealand Māori Geothermal Energy Resources Minister Indigenous Symposium Chris Wright Roland HorneNew Zealand and Iceland Strengthen Cooperation on Working Holidays, Taxation, and Geothermal Energy
1 month ago | 170 viewsNew Zealand and Iceland are strengthening cooperation in areas such as working holidays, taxation, and geothermal energy, as announced by Foreign Minister Winston Peters during his visit to Iceland. Initiatives like a reciprocal Working Holiday Scheme aim to enhance collaboration between the two island nations, fostering opportunities for young people to engage, learn, and contribute internationally. The Double Tax Agreement and exploration of geothermal energy aim to bolster economic ties and address future energy needs, with Mr Peters highlighting the importance of learning from Iceland's expertise in this field during his broader visit to the Nordic region.
Tags: New Zealand Iceland Winston Peters Halla Tómasdóttir Erica Stanford Daði Már Kristófersson Jóhann Páll Jóhannsson Working Holiday Scheme Double Tax Agreement Geothermal EnergyUnlocking Investment and Collaboration in New Zealand's Natural Resources: Minister Shane Jones at International Conferences
1 month ago | 202 viewsResources Minister Shane Jones is prioritizing investment and collaboration in New Zealand's natural resources at upcoming international mining and geothermal conferences. He will address the growing interest in the country's mineral sector and highlight the policy framework supporting its growth. Mr Jones aims to rebuild international investor confidence, promote geothermal energy exploration, and seek global collaboration to maximize New Zealand's geothermal potential.
Tags: Shane Jones New Zealand investment collaboration mining geothermal resources International Mining and Resources Conference supercritical geothermal energy Indigenous Geothermal SymposiumBreaking Ground: New Zealand's First Supercritical Geothermal Exploration at Rotokawa Reservoir
2 months ago | 322 viewsThe Rotokawa Geothermal Reservoir in New Zealand's Taupō Volcanic Zone has been chosen for the country's first supercritical geothermal exploration, with plans to develop multiple wells for enhanced power output. The site selection followed thorough geological studies and risk assessments, with a focus on involving the local community and cultural considerations. A Memorandum of Understanding has been signed between stakeholders to explore the potential of supercritical geothermal energy, with a multi-disciplinary team working on regulatory approvals, design, and drilling for the project's success.
Tags: Shane Jones Rotokawa Geothermal Reservoir New Zealand geothermal energy Tauhara North No. 2 Trust Earth Sciences New Zealand supercritical geothermal exploration Regional Development Minister Mercury NZ Ministry of Business.Groundbreaking Geothermal Project Receives $10M Funding from Government
3 months ago | 329 viewsThe Government is supporting 19 ambitious science programs, including the DeepHeat project by the New Zealand Institute for Earth Science Limited, which aims to explore the energy potential of the Central Taupo Volcanic Zone using supercritical geothermal energy. This project, funded with $10 million from the Endeavour Fund, is seen as groundbreaking and essential for New Zealand's future prosperity, as geothermal energy offers a reliable alternative to weather-dependent renewable sources like hydro, solar, and wind. The Government's investment of over $183 million in various projects, from climate technology to healthcare and clean energy, demonstrates the power of science to drive innovation, economic growth, and a more resilient future.
Tags: Shane Reti Shane Jones geothermal energy supercritical geothermal DeepHeat project New Zealand Endeavour Fund Regional Infrastructure Fund climate technologyUnleashing New Zealand's Geothermal Potential: A Vision for Sustainable Development
4 months ago | 1139 viewsThe Minister for Resources and Regional Development welcomes attendees to the launch of a draft strategy to unlock New Zealand's geothermal potential, highlighting the historical significance and current opportunities of geothermal resources. Geothermal energy plays a vital role in New Zealand's electricity generation and various industries, contributing to economic growth and innovation, with plans to double geothermal energy use by 2040 and explore supercritical geothermal technology for increased energy production. The government aims to establish New Zealand as a global leader in sustainable geothermal development through collaborative efforts with stakeholders, including iwi, to drive regional economies and achieve energy resilience.
Tags: Minister for Resources Regional Development Tania Tapsell David Trewavas Rotorua Taupō New Zealand Geothermal Association Māori Kiwi geothermal resourcesNew Zealand's Geothermal Energy Expansion Plan for 2040: Unlocking Potential
4 months ago | 1230 viewsNew Zealand aims to double geothermal energy production by 2040 to tap into its rich resources, positioning the country as a global leader in sustainable geothermal development. The draft strategy, "From the Ground Up," seeks to drive innovation, resilience, and economic growth through geothermal utilization. The plan includes expanding geothermal applications beyond electricity generation, fostering innovation, and strengthening regional economies and the Māori economy.
Tags: Shane Jones geothermal energy New Zealand Resources Minister electricity generation sustainable development innovation Māori economy industrial growth consultation