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New Zealand holds 2000 MW of supercritical geothermal potential

ThinkGeoEnergy

A new publication by GNS Science highlights the potential for supercritical geothermal development in New Zealand. The resource can viably provide up to 2000 MW of electricity generation capacity by 2050, which can contribute approximately 35% of New Zealand’s energy needs.

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HEPCO, Obayashi commence geothermal exploration in Rusutsu, Japan

ThinkGeoEnergy

The Hokkaido Electric Power Company (HEPCO) with Obayashi Corporation have announced the start of an exploration campaign for geothermal power generation in the village of Rusutsu in Hokkaido, Japan near the southern foot of Mt. Shiribetsu.

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2024 RE statistics highlight lagging growth of geothermal for electricity

ThinkGeoEnergy

The growth of the global geothermal power sector continues to lag behind other renewable energies, but there is still plenty of untapped potential for geothermal to contribute to the commercial heat market. In contrast, the electricity generation from geothermal resources is at a relatively low figure of 97 TWh.

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Initial tests indicate geothermal CO2 co-injection a “win-win-win” scenario

ThinkGeoEnergy

Lab-scale tests done by New Zealand-based research institute GNS Science have indicated that re-injecting the natural CO2 of geothermal fluids results in a win-win scenario, reducing emissions while also mitigating silica scaling in the reservoir. There are already several efforts worldwide to re-inject this CO2 into the geothermal reservoir.