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Geothermal power in New Zealand is a small … Geothermal power in New Zealand is a small but significant part of the energy generation capacity of the country, providing approximately 17% of the country's electricity with installed capacity of over 900MW. New Zealand, like only a small number of other countries worldwide, has numerous geothermal sites that could be developed for exploitation, and also boasts some of the earliest large-scale use of geothermal energy in the world. Geothermal energy has been described as New Zealand's most reliable renewable energy source, above wind, solar and even hydroelectricity, due to its lack of dependence on the weather. It has also been described as the currently (2000s and 2010s) most attractive new source of energy for New Zealand, as petrochemical fuel prices rise and easy hydro power sites have been tapped - it has been estimated that another 1000MW of geothermal resource can be used for generating electricity.ce can be used for generating electricity.
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Geothermal power in New Zealand is a small … Geothermal power in New Zealand is a small but significant part of the energy generation capacity of the country, providing approximately 17% of the country's electricity with installed capacity of over 900MW. New Zealand, like only a small number of other countries worldwide, has numerous geothermal sites that could be developed for exploitation, and also boasts some of the earliest large-scale use of geothermal energy in the world.ale use of geothermal energy in the world.
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