EPISODE · Jul 30, 2025 · 4 MIN
Stewart Hamilton: Mercury Energy CEO on Shane Jones draft strategy to increase geothermal energy
from Early Edition with Ryan Bridge · host Newstalk ZB
One of our largest power companies sees the great potential in the Government's push for geothermal energy. The Resources Minister Shane Jones' draft strategy lays out a goal of doubling its production by 2040. Mercury Energy Chief Executive Stewart Hamilton says 20% of New Zealand's power already comes from geothermal. He told Ryan Bridge it has great opportunities to decarbonise and grow the economy. Hamilton says they're currently doing a $300 million extension on one of their geothermal sites, which will produce enough power for the entire city of Wellington. LISTEN ABOVE See omnystudio.com/listener for privacy information.
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Stewart Hamilton: Mercury Energy CEO on Shane Jones draft strategy to increase geothermal energy
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