Rotorua News

Title: Rotorua News: City announces new investment in geothermal energy

Sub-title: The Rotorua City Council has announced a new investment of $20 million in geothermal energy projects as part of its commitment to becoming carbon neutral.

Introduction:

Rotorua is a city located in the North Island of New Zealand. It is known for its geothermal activity, and the city has been using geothermal energy to generate electricity and heat homes and businesses for over 100 years.

In recent years, Rotorua has been investing heavily in geothermal energy projects. The city's goal is to become carbon neutral by 2030, and geothermal energy is seen as a key part of achieving this goal.

New Investment in Geothermal Energy:

The Rotorua City Council has announced a new investment of $20 million in geothermal energy projects.

This investment will be used to fund a variety of projects, including:

• The construction of new geothermal power plants
• The expansion of existing geothermal heating networks
• The development of new geothermal technologies

The city council believes that this investment will help Rotorua to achieve its goal of becoming carbon neutral by 2030.

Benefits of Geothermal Energy:

Geothermal energy has a number of benefits over other forms of energy.

These benefits include:

• It is a renewable source of energy
• It is a reliable source of energy
• It is a clean source of energy
• It is a cost-effective source of energy

Geothermal energy is a vital part of Rotorua's energy mix, and the city's investment in this resource will help to secure a sustainable future for the city.

Conclusion:

Rotorua is committed to becoming carbon neutral by 2030. The city's new investment in geothermal energy is a significant step towards achieving this goal.