Govt ring-fences $60 million to investigate new geothermal energy
14 Nov 2024
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| Krafla geothermal power station in Iceland. PHOTO: CC BY-SA 3.0 |
The government is putting aside $60 million to investigate new geothermal energy generation technology, which has the potential to boost renewable energy output and slash emissions.
Story copyright © Carbon News 2024
Govt redirects energy innovation funding to solar on schools
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By Liz Kivi | Schools will save money, have greater energy security, and reduce carbon emissions through a $30 million Government initiative to put solar panels on up to 500 schools across New Zealand, say Energy Minister Simeon Brown and Education Minister Erica Stanford.
Budget shifts from transition funding to transition management
Wed 3 Jun 2026
Budget 2026 landed in an energy system increasingly being managed through targeted intervention, tighter regulation and institutional change rather than broad new spending.
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Budget quietly kills renewable energy innovation centre Ara Ake
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LNG vital to prevent economic damage as gas leaves NZ economy
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By Pattrick Smellie | Importing natural gas will make the difference between an “orderly” or “chaotic and unnecessarily costly" decline as domestically produced gas runs out, the chief executive of the Gas Industry Company, David Prentice, said yesterday.
Geo-heat search explores exhausted oil and gas fields
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By Pattrick Smellie | Underground heat from exhausted oil and gas fields are a new target for government-backed efforts to tap geothermal resources for electricity production and industrial use.
Marae solar project boosts sustainability and mana motuhake
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Hipkins pans LNG plan as ‘massive step backwards’
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