All Posts Tagged With: "Geothermal power station"

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Energy production and quarterly review of economy

With regard to interest rates developments, average nominal interest rate on savings deposit and demand deposits remained at the preceding quarter level of 4.08 and 0.04. On the other hand, weighted time deposits rate on average increased to 5.18 from the 5.07 percent a year earlier. Average lending rate also remained at 11.5 percent. Meanwhile, yields on T-bills also tended to rise to 0.5 percent from 0.2 percent during the same period. Yet, real interest rates remained negative owing to higher inflation.

24Nov2008 | | 2 comments | Continued
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Wairakei Geothermal Power Station completes 50 years

Wairakei is the name of a power station, small settlement and a geothermal area a few kilometres north of Taupo, in the centre of the North Island of New Zealand, on the Waikato River. Wairakei geothermal power station was built in 1958, the first of its type in the world, and it is now being [...]

15Nov2008 | | 0 comments | Continued

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