“Then there is greenfields geothermal – exploring places where currently geothermal stations do not exist, and then building new power stations there. Over the next 10 years, Mercury will spend about half a billion dollars on other power stations along the river. In New Zealand, Hamilton says there will need to be a balance. “If you look at the household prices, less than 40% of our household electricity bill comes from the actual production of electricity,” Hamilton said. It is also in the early stages of planning a battery energy storage system near Whakamaru Hydro Power Station on the Waikato River.

Source: New Zealand Herald February 20, 2026 22:50 UTC