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Govt ring-fences $60 million to investigate new geothermal energy

14 Nov 2024

Krafla geothermal power station in Iceland. PHOTO: Ásgeir Eggertsson, 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.

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Story copyright © Carbon News 2024

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National promises low-cost solar loans for households

Today 10:45am

By Oli Lewis | The National Party is promising a Home Energy Fund to accelerate the roll-out of household solar, batteries, insulation and other energy resilience measures if it is re-elected this year.

Energy resilience conference axed due to Ara Ake closure

Today 10:45am

By Shannon Morris-Williams | A national conference focused on energy affordability, resilience and hardship has been cancelled because of the Government's decision to end Crown funding for energy innovation centre Ara Ake.

Image: Depositphotos

'Stored solar': Bioenergy Association touts cost benefits of biomass boilers over gas

Wed 24 Jun 2026

By Oli Lewis | Businesses across New Zealand are warming to bioenergy, but advocates believe woody biomass could play a far greater role as a replacement for more expensive natural gas and electric heat options.

Image: Depositphotos

Gas transition loan scheme nears launch as savings modelled

Tue 23 Jun 2026

By Oli Lewis | Commercial gas users could potentially save thousands of dollars a year by using Crown-backed loans to fund fuel-switching and energy efficiency projects, new modelling indicates.

Marcos Pelenur

EECA head steps down

Mon 22 Jun 2026

By Shannon Morris-Williams | Chief executive Marcos Pelenur will step down after three years at the Energy Efficiency and Conservation Authority, leaving the organisation looking for a new CEO as it becomes the sole remaining government agency offering support for businesses looking to transition away from fossil fuels.

Genesis says the ability to store gas is key to increasing Huntly Power Station's flexibility.

Canadian firm seeks Crown co-investment for Genesis-supported gas storage project

Fri 19 Jun 2026

By Oli Lewis | A proposed gas storage project supported by Genesis Energy has sought Crown co-investment through the $200 million Gas Security Fund.

Matt Kean, chair of the Australian Climate Change Authority.

Lessons from Australia: Climate Change Authority chair cites rapid roll-out of household solar, batteries

Fri 19 Jun 2026

By Oli Lewis | Australia is rapidly outpacing New Zealand when it comes to new household solar and battery systems, lowering electricity costs and driving down the carbon intensity of installed generation.

Decision on controversial Waipara solar farm delayed

18 Jun 2026

By David Hill, Local Democracy Reporter | The fire risk assessment for a proposed 181 hectare solar farm in North Canterbury will need to be redone over conflict of interest concerns.

Fonterra backs Canterbury solar in long-term power deals

17 Jun 2026

By Shannon Morris-Williams | Fonterra has signed two long-term power purchase agreements with solar developers in as many days, backing more than 170MW of new renewable generation in Canterbury.

New Zealand faces $26b energy infrastructure challenge, report warns

15 Jun 2026

By Shannon Morris-Williams | New Zealand will need an additional $26 billion of investment in energy infrastructure over the next 30 years to meet its decarbonisation goals, with a new report warning that policy certainty is critical to unlocking the renewable generation needed to power a low-carbon economy.

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