Geothermal Exploration in Taranaki and Waikato: Unlocking New Energy Opportunities in New Zealand New Zealand is expanding its geothermal ambitions beyond the country’s established development zones. Two Māori-led exploration projects in Taranaki and South Waikato have received a combined NZ$5.95 million in government grants to investigate previously underexplored geothermal resources and assess their potential to support regional growth, energy resilience, employment, and decarbonisation. The initiatives reflect a broader shift in geothermal development. While New Zealand’s geothermal industry has traditionally focused on high-temperature resources suitable for electricity generation, the new projects will also examine lower-temperature heat that could serve industrial, agricultural, commercial, and community applications. Government Funding for Two Exploration Projects The New Zealand Government has allocated NZ$3 million from the Regional Infrastructure Fund to the Taranaki Ge...
Geothermal boost for Amsterdam: OMV and Cocreators selected to lead regional heat projects The Aardwarmte Regio Amsterdam consortium — made up of Vattenfall, the Municipality of Amsterdam and Energie Beheer Nederland (EBN) — has selected OMV, in collaboration with Cocreators, as the operator to advance geothermal projects for collective heat networks across the Amsterdam region. The decision, reached after a European tender process, brings an experienced international energy company and a project-management specialist together with local partners to test feasibility, design potential geothermy doublets and, where viable, develop and implement geothermal heat production for district heating systems. Why this matters Decarbonising heating is one of the most urgent and technically complex elements of the energy transition in dense European cities. In the Netherlands, where gas has historically supplied much of the built environment, scaling low-carbon alternatives for space heating and ho...