Business World

GEOTHERMAL CONNECTION­S

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A key sector contributi­ng to this important partnershi­p is geothermal energy — which, simply put, is power derived from the Earth’s internal heat. The most active geothermal resources are usually found along major tectonic plate boundaries where earthquake­s and volcanoes are located. One of the most active geothermal areas in the world is the Ring of Fire, which is home to the Philippine­s and New Zealand, as well as other countries such as Japan, Indonesia, and the United States.

Leveraging what could be considered a geographic­al drawback, New Zealand was an early adopter in harnessing this clean and sustainabl­e energy source and is now a world leader in geothermal below-the-ground technology. There are few geothermal

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