Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Workshop to help landowners profit from geothermal energy

Media release: 22 January 2014

Workshop to help landowners profit from geothermal energy

Our region is fortunate to have geothermal energy at our fingertips. Geothermal has the potential to boost our economy and improve profitability by providing real competitive advantage for existing businesses to expand and for new businesses to locate here.

Using geothermal energy provides businesses with an economical heating option that is clean, abundant and readily available. Potential end-uses of geothermal heat include space heating, industrial processing, horticulture, aquaculture, motel and accommodation providers, timber drying and spas.

But to get more businesses using geothermal energy, landowners and businesses need to understand how to access and utilise the geothermal potential under their properties.

To help with this knowledge a workshop on geothermal direct heat for commercial applications will be held in Rotorua on February 18 and 19.  The workshop is part of the Bay of Connections Energy Strategy project in association with Grow Rotorua, Kawerau Industrial Symbiosis and Enterprise Great Lake Taupo.

Grow Rotorua Chief Executive Officer Francis Pauwels said the workshop is a must attend event for any landowner who is thinking about accessing lower temperature, shallower geothermal energy resources or business owner who wants to use lower-cost, sustainable geothermal direct heat for their business.

“The workshop has been designed to be a “how-to” guide on geothermal energy use in direct heat applications.  It will tell landowners and business owners what they need to know to utilise geothermal potential,” he said.

Direct use refers to the use of geothermal energy in heat applications where costs can be reduced and the use of fossil fuels such as coal and gas avoided. Most processes which need the input of heat can successfully use geothermal energy.

“We have focused the workshop particularly on lower-demand, direct heat applications as this allows landowners and businesses to access geothermal energy without the high cost and risk associated with deep bore exploration typical of major geothermal power generation plants,” he said.

“The first day of the workshop covers a diverse range of speakers to provide comprehensive information.  Topics include the costs and techniques for geothermal exploration at these shallower depths, regulatory information, comparison of geothermal energy to other fuels as well as a showcase of industries that are already using geothermal direct heat,” said Mr Pauwels. Mr Pauwels said a highlight of the workshop will be the keynote speaker who lives in Klamath Falls, Oregon – a sister city of Rotorua. “We are incredibly fortunate to have an internationally acclaimed geothermal expert Dr John Lund as a keynote speaker.  John has over 35 years’ experience in direct utilisation of geothermal energy.  He will present to attendees on international experiences using direct geothermal heat and what you need to consider in the development of direct heat projects,” said Mr Pauwels.

Day two of the workshop is a field trip to visit various business operations to get a first-hand look at how geothermal direct heat is used in commercial applications,”

“The workshop concludes with a facilitated discussion with landowners to identify collective actions that could assist individual development initiatives.  The Ministry of Business, Innovation and Employment will be in attendance at this session and are one of our major sponsors along with EECA and Te Puni Kōkiri,” said Mr Pauwels.

“The support from these central government agencies shows their willingness to see a valuable resource being used to help grow new and existing businesses in our region.  This workshop is the first step in helping landowners access the geothermal potential of their land,” said Mr Pauwels.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news