The annual review of the activities of the New Zealand Geothermal Department and the activities of the NZGA for the year 2020 provides excellent insights and provides a positive outlook for the development of the country.
The New Zealand Geothermal Association (NZGA) released its second annual New Zealand Geothermal Industry update earlier this year. With the report, the NZGA seeks to review what is happening as the NZ decarbonize and geothermal industry expands.
This year, the commentary focuses on current activities and a review of carbon emissions, carbon conversion and MFAT activities. As a coveted year, teachers acknowledge activities and maintenance personnel throughout the industry who were isolated from their families to protect the country’s power system during the April-May 2020 strike.
The report shares the chapter on “Vision for the Future” which analyzes details and new developments in electricity, carbon emissions and displacement, drilling and completion operations, service sector operations, mergers and acquisitions and industry restructuring.
Over the past year, geothermal power generation has increased to 7,610 GWh, continues to be generated in all geothermal sectors, and Wairakei is the largest contributor. According to New Zealand, global warming will account for about 17.4% of the country’s total electricity generation by 2020. The total installed net geothermal power generation capacity reached 1,027 MW from 21 power stations.
Armat Technologies is the largest original equipment manufacturer with an installed capacity of 385 MW, Fuji Electric with 285 MW and Toshiba 160 MW.
However, Govt affected industrial operations, for example delays in direct application efforts.
In terms of emissions, the average emission intensity per megawatt of the country’s 14 geothermal power plants is 69gCO2e / kWh (net), which represents a decrease of 73 gCO2 / kWh in 2019. Year.
With the two-week lockout due to the cove, there has been an increase in drilling and related services by 2020 with 7 deep wells and 7 shallow wells. MB Century drilled 5 deep wells and Big Ben drilled two wells.
The country’s foreign ministry’s international geopolitical efforts have been hit hard by the epidemic and there has been a slowdown in operations.
Despite the covetousness of international work, corporate development and expansion, the New Zealand geothermal services sector is very busy.
In terms of new growth, the announcement of energy to move forward with the 152 MW Duhara II geothermal development has been a huge boost to the sector.
You can find the report on the website NZGA here (pdf).
Source: NZGA
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