Geothermal

Geothermal Go-Ahead in New Zealand

[RenewableEnergyAccess.com] A planned project to generate more electricity from the Rotokawa geothermal field near Taupo, New Zealand has been awarded a share of emission units or carbon credits by the government. The project has received the second largest award in the first tender round of the Climate Change Office’s Projects to Reduce Emissions program. If it proceeds as planned, the project will receive up to 790,923 emission units. Mighty River Power, in conjunction with the Tauhara North No. 2 Trust, plans to build a geothermal power plant that would produce electricity for supply to the national grid. Mighty River Power is a partner with the Tauhara North No.2 Trust in the existing 32 MW Rotokawa geothermal facility. The project is scheduled to come online in 2006 and have an expected production life of around 25 years.