ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

'Worthy investment': Resources Minister calls for more funding for geothermal sector

Author
Newstalk ZB,
Publish Date
Tue, 17 Mar 2026, 7:23pm
Photo / Mark Mitchell
Photo / Mark Mitchell

'Worthy investment': Resources Minister calls for more funding for geothermal sector

Author
Newstalk ZB,
Publish Date
Tue, 17 Mar 2026, 7:23pm

The Resources Minister is insistent Crown funds should help heat the geothermal sector.

A Government strategy has been released on its plan to double the use of geothermal energy by 2040.

It's also ring fenced $50 million from the Regional Infrastructure Fund for the development of geothermal energy projects. 

Resources Minister Shane Jones says it's a worthy investment.

"The Crown stepped up to the plate in the 1950s, did an enormous amount of drilling - not always successful, but a number of those drill holes have turned into major electricity suppliers." 

LISTEN ABOVE

Take your Radio, Podcasts and Music with you