Conclusion – realising New Zealand’s geothermal opportunity
Successfully capitalising on this unique opportunity will require coordinated action across government, industry, tāngata whenua and research communities.
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Where we are headed – the vision
From the Ground Up sets a long-term direction for the sustainable growth of New Zealand’s geothermal sector. This section unpacks the strategy’s vision and strategic outcomes.
Strategy at a glance
A focused pathway to geothermal leadership and sustainable growth.
What is our opportunity?
New Zealand is the fifth largest geothermal power producer globally and our expertise has shaped projects around the globe. But our unique geology offers a world-class resource with significant untapped potential.
Favourable hydro conditions see record high share of electricity generation from renewables
From October to December 2025, New Zealand set a record high of 96.4% of electricity generation coming from renewable sources.
New Zealand's participation in the International Energy Programme
New Zealand is a member of the International Energy Agency (IEA) International Energy Programme. Membership of the IEA acts as “insurance” against disruption to international energy supplies.
Government sets direction for future of bioenergy
New Zealand’s first Wood Energy Strategy, Wood Energy Action Plan and Government Statement on Biogas released today.
Previous energy strategy work
Previous energy strategy work undertaken by MBIE.
Minimum stockholding obligations Ministerial exemptions
This page explains how the process for Ministerial exemptions from minimum stockholding obligations (MSO) works for fuel companies.
Driving investment in new energy projects
The Government has announced its next steps in leveraging public sector energy demand to drive new energy projects and help grow New Zealand’s energy supply.