News

New Zealand geothermal researchers receive $3.4 million funding

Ngatamariki plant in construction, November 2012, New Zealand (source: Mighty River Power)
Alexander Richter 28 Aug 2013

Researchers at GNS Science in New Zealand have secured four year funding of $3.4 million for a geothermal study.

As part of funding of over NZ$278 million for 51 research programmes in New Zealand, a geothermal resarch project has been able to secure NZ$4.4 million ($3.4 million) over a four year period.

The funding goes to GNS Science for its Geothermal Supermodels project, that aims to improve knowledge of New Zealand’s complex geothermal systems allowing better use of their energy potential.

Source: Ministry of Business, Innovation & Employment