New Zealand Wants to Double Use of Geothermal Energy by 2040.

The article focuses on New Zealand's initiative to double its geothermal energy use by 2040 as part of its transition to renewable electricity and reduction of greenhouse gas emissions. The government, led by Resources Minister Shane Jones, is consulting on a new strategy to harness the country's geothermal potential, leveraging its unique geological advantages. Despite being the fifth-largest geothermal power producer globally, the industry has faced fragmented development and stagnation in exploration, prompting the need for a clearer direction. The strategy aims to increase renewable electricity generation, explore direct applications of geothermal energy in various sectors, and improve regulatory frameworks to encourage investment, including from indigenous Maori groups. [Extracted from the article]