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Stewart Hamilton: Mercury Energy CEO on Shane Jones draft strategy to increase geothermal energy

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Manage episode 497465546 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

One of our largest power companies sees the great potential in the Government's push for geothermal energy.

The Resources Minister Shane Jones' draft strategy lays out a goal of doubling its production by 2040.

Mercury Energy Chief Executive Stewart Hamilton says 20% of New Zealand's power already comes from geothermal.

He told Ryan Bridge it has great opportunities to decarbonise and grow the economy.

Hamilton says they're currently doing a $300 million extension on one of their geothermal sites, which will produce enough power for the entire city of Wellington.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

4348 episodes

Artwork
iconShare
 
Manage episode 497465546 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

One of our largest power companies sees the great potential in the Government's push for geothermal energy.

The Resources Minister Shane Jones' draft strategy lays out a goal of doubling its production by 2040.

Mercury Energy Chief Executive Stewart Hamilton says 20% of New Zealand's power already comes from geothermal.

He told Ryan Bridge it has great opportunities to decarbonise and grow the economy.

Hamilton says they're currently doing a $300 million extension on one of their geothermal sites, which will produce enough power for the entire city of Wellington.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

4348 episodes

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