Argentina’s Despoblados enters 2nd phase; Geothermal in Canada’s Yukon; Chile’s RE standard passes; Dominica’s financiers meet; Nicaragua consumes 52% RE

Argentina’s Despoblados projects enters its second stage. Canada’s Yukon could benefit from geothermal. Chile passes Renewable Energy integration. In Dominica, Roseau Valley financiers meet this month. Nicaragua consumes 52% renewables, while work continues at Casita geothermal site.


Argentina: Despoblados Exploration Enters Second Stage
Canada: Geothermal to Benefit Kaska Nation, Yukon
Chile: Renewable Energy Integration Passes in Geothermal Country
Dominica: Roseau Valley Financiers Meet This Month
Nicaragua: Country Consumes 52% Renewables, while Work Continues at Casita Geothermal Site

Argentina: Despoblados Exploration Enters Second Stage
The second phase of exploration at the Despoblados geothermal site in Argentina will begin in October and end in July 2014. The expected cost of this second phase is $12 million (Diariodecuyo.com.ar). GEA’s international project list as of early September 2013 showed the project site, managed by Geotermia Andina and Barrick Gold Corp, would have a 14-MW estimated capacity. Geo-energy.org, PDF

Canada: Geothermal to Benefit Kaska Nation, Yukon
The Government of Canada has announced funding for research into long-term clean energy options for the Kaska Nation. The Canadian Northern Economic Development Agency (CanNor) will invest over 124,000. “This project will assist the Kaska Nation to make informed decisions about potential geothermal resources on their lands,” Ryan Leef, Yukon Member of Parliament told press (Menafn.com). “Positive results from this research could lead to new project development, which in turn could create jobs, new businesses and build capacity.” Yukon’s project is planned for two phases: Phase one assesses existing data collection, mapping, and field work, while phase two would involve further field exploration, temperature profiling, and geophysical surveys.

Chile: Renewable Energy Integration Passes in Geothermal Country
Chile’s Congress has passed a bill to benefit the integration of renewable energies in Chile. The House of Representatives approved the bill in June. The legislation calls for a 20% makeup of renewable energy in the energy mix by 2025. “The 20/25 target is complemented by a price stabilisation mechanism, a specific tender system for renewable energy supply and a separate bill aimed at improving the country´s transmission grid by facilitating investment in infrastructure,” notes Opentoexport.com. Some have voiced concern over potential higher energy costs (Suelosolar.es).

In June Chile was also considering a feed-in-tariff (FIT) for all “non-conventional” renewable energies, with the FIT for geothermal of $0.20 to $0.30 per kWh (Geo-energy.org, PDF).

In company news GEA member Alterra Power and the Philippines’ Energy Development Corporation (EDC) were teaming up on geothermal assets in both Chile and Peru, with plans to develop Alterra’s Mariposa geothermal project in Chile. In July, EDC said it would spend $58.3 million for building infrastructure at Mariposa over the next 18 months Geoenergist.wordpress.com. As of early September 2013, Chile had 54 projects under development and 190 MW of planned capacity addition that could come online by 2016. Geo-energy.org, PDF

Dominica: Roseau Valley Financiers Meet This Month
Several development partners with interest in Dominica’s geothermal resource in the Roseau Valley will meet this month. The meeting will include representatives from l’Agence Française de Développement, the World Bank, European Union, China, Venezuela and Japan, and others, Minister Ambrose George told press. “Approaches to financing the export power plant to supply electricity to Martinique and Guadeloupe will also be examined. At this point, I can say with confidence that a much lower electricity rate is no longer a dream but is shaping to become a reality,” George was quoted. Insidedominica.com

Nicaragua: Country Consumes 52% Renewables, while Work Continues at Casita Geothermal Site
Nicaragua’s current electricity consumption comes in at 52% renewable so far this year. Of the total renewable energy consumed Nicaragua, 18% comes from wind generation, geothermal another 18%, 8% and 8% hydro biomass, Nicaraguan Minister of Energy, Emilio Rappaccioli was quoted at Que.es. Further work continues in the country. One current geothermal project, the Casita-San Cristobal has been estimated in initial studies at around 35 MW of potential generation productivity, but could even be as high as 100 MW. Laprensa.com.ni

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