(The Daily Post)
The Nga Awa Purua Geothermal Power Station near Taupo, which opened in 2010, can produce enough power per day for 140,000 homes. (Courtesy The Daily Post) |
Geothermal energy exploitation is the "biggest untapped economic opportunity of our age in Rotorua", according to Red Stag Timber director Marty Verry.
And it's set to be high on the priority list for Rotorua District Council-controlled organisation Grow Rotorua, which is expected to be fully operational from early next year.
Mr Verry said that despite being in the heart of New Zealand's forestry and geothermal regions, Rotorua had missed out on significant investment in the past by failing to take advantage of the energy under its feet.
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And it's set to be high on the priority list for Rotorua District Council-controlled organisation Grow Rotorua, which is expected to be fully operational from early next year.
Mr Verry said that despite being in the heart of New Zealand's forestry and geothermal regions, Rotorua had missed out on significant investment in the past by failing to take advantage of the energy under its feet.
Read More.....