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

 

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news