Asia Pacific > Pacific > New Zealand finalises geothermal strategy, adds a further NZ$50 mln for projects

New Zealand finalises geothermal strategy, adds a further NZ$50 mln for projects

Published 03:03 on March 18, 2026 / Last updated at 03:09 on March 18, 2026 / / Asia Pacific (Pacific), Net Zero Transition (Power/Electrification, Transport & Heating Fuels)

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The New Zealand government has confirmed its 2040 goal to double the use of geothermal energy, with the release of a detailed strategy plan on Tuesday alongside the announcement of a further NZ$ 50 million ($29.3 mln) in funding via a regional development facility.
The New Zealand government has confirmed its 2040 goal to double the use of geothermal energy, with the release of a detailed strategy plan on Tuesday alongside the announcement of a further NZ$ 50 million ($29.3 mln) in funding via a regional development facility.


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