Mighty River signs up to new geothermal projectUpdated at 3:47...

Mighty River signs up to new geothermal project
Updated at 3:47 pm on 8 November 2011

State-owned electricity generator Mighty River Power has signed agreements for a new geothermal energy project near Rotorua.

The company has signed agreements with two Maori bodies, Okere Incorporation and Ruahine Kuharua Incorporation, to investigate development of geothermal power at the Taheke field, 20 kilometres north east of Rotorua

Energy from that source is now at 50% of the level of the energy from its traditional source - the nine hydro-electric power stations on the Waikato River.