Minister’s foreword
New Zealand has long relied on the strength of the resources beneath our feet. Geothermal energy is one of those rare national advantages — dependable, innovative and capable of powering real economic momentum.
New Zealand has long relied on the strength of the resources beneath our feet. Geothermal energy is one of those rare national advantages — dependable, innovative and capable of powering real economic momentum.
Despite its vast potential, New Zealand’s geothermal sector faces several barriers. Exploration has stagnated since the Crown’s initial drilling efforts, with high upfront costs and fragmented access to geothermal data.
The action plan is divided into 5 goals with actions across 3 time horizons. Horizon 0 notes actions that have already been completed.
To deliver on the strategy’s vision and outcomes an action plan has been developed with five central goals. But the actions in this strategy are more than a checklist – they represent the practical steps that will turn vision into reality. This section unpacks the action plan and shows how it will deliver our vision.
Examples of geothermal and geoheat development and innovation across the motu.
Our unique geology provides New Zealand with an extraordinary opportunity to harness a powerful and versatile natural resource with diverse applications. Stunning vistas showcasing precious geothermal surface features, combined with early innovation in energy development, laid the foundation for New Zealand’s energy profile and propelled us forward as a global leader.
Data tables showing greenhouse gas emissions from New Zealand's energy sector.
This page has 2 types of data: household sales-based electricity cost data, and publicly advertised retail electricity tariff data.
New Zealand firm Todd Energy has been selected as the preferred lead contractor to drill New Zealand’s first exploratory superdeep, superhot geothermal well, which – if successful – could bring about a step change in New Zealand’s energy supply.
Crown copyright © 2026
https://www.mbie.govt.nz/search
Please note: This content will change over time and can go out of date.