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National Activities Chapter 17 New Zealand The New Nga Awa Purua (Rotokawa) 140 MWe power plant, the world‘s largest triple-flash single geothermal turbine (commissioned April 2010). (Photo courtesy of Sumitomo Corporation) 17.0 Introduction Electricity demand growth, in New Zealand, which stalled in 2008-2009 (due to the global financial crisis), has since resumed steady growth, at a long-term average rate of about 1.5% per annum. Growth in geothermal generation has been sustained at a much higher average annual rate of about 20% (over the past 4 years), because of construction and commissioning of several new base-load geothermal power stations. These were supported by exploration and production drilling, planning and resource consent application. On top of the existing operating capacity of 758 MWe, about 220 MWe of additional geothermal generation is currently in the construction phase, and 430 MWe in the planning phases. Another significant increase of installed geothermal capacity is therefore likely to be both feasible and commercially viable over the next five or six years, maintaining the current high growth rate. Financial modelling undertaken by the Ministry of Economic Development (MED) predicts that, under projected economic growth conditions, an additional 900 MWe of base-load geothermal capacity is likely to be constructed in New Zealand within the next 20 years. Such a rapid growth rate is likely to place New Zealand in a relatively highly-ranked placing internationally for its percentage of total electricity generation provided by geothermal energy (growing from 13% in 2010 to over 20%). Figures 17.1 and 17.2 show maps of the locations of the major New Zealand geothermal features and resources. 181PDF Image | Geothermal Research and Tech IEA
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