Leading news: Geothermal Opportunities Vary by Location

This post includes climate group analysis on geothermal finance, loan guarantee guidance for distributed energy projects, news from Japan, El Salvador and more.

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The graph above is taken from the new Climate Policy Initiative / Climate Investment Funds analysis on “the Role of Public Finance in Deploying Geothermal Energy in Developing Countries” and shows countries where geothermal showed the greatest potential to increase energy supply at low cost while also achieving significant emissions reductions. “In Indonesia, the development of the geothermal sector is likely to have a moderate impact on the already low 8 USDc/kWh electricity bill, and the population already enjoys relatively high levels of access to electricity, however geothermal development has the potential to reduce emissions very significantly (54MtCO2e/year),” according to the report.

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Leading news: Geothermal Industry Ready as Emissions Reductions Plans Form

This post brings you updates on GEA nominations, the DOE’s energy loan program, Nevada’s emissions reduction plan, EPA proposals to cut emissions, a geothermal training program in the Caribbean, and more.

Plus, the GEA Geothermal Energy Expo kicks off one month from today!

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Leading news: Network with U.S. and International Vendors at GEA’s Geothermal Energy Expo

This post brings you updates on the GRC Annual Meeting & GEA Geothermal Energy Expo; geothermal in Imperial Valley, California; the Akiira project in Kenya; and more.

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Above: The figure shows geothermal projects under development around the world in terms of number of developing megawatts and number of projects across the 22 top-developing countries for geothermal worldwide (as of February 2015). For Indonesia, there is an extraordinary amount of developing capacity, and some of this could be the result of the backlog of projects in the country which have been stalled in the past by such issues as prolonged PPA negotiations, delayed permits related to the usage of conservation or protected areas and resistance from local residents. Representatives of both U.S. and Indonesian governments have agreed to increase collaborations and accelerate private investment in geothermal energy to help solve some of these challenges. See www.state.gov and geo-energy.org.

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