Friday, June 17, 2016

Japan: Insurance for Onsen Impact Surveys for Geothermal Plant Operators

Asia Minute: Geothermal Power and Japan’s Hot Springs (Hawaii Public Radio)

Geothermal power has been part of the electricity grid for decades on Hawai‘i Island. In Japan, development of geothermal has been slow—but a recent move might speed things up. Hawaii Public Radio’s Bill Dorman explains in today’s Asia Minute.

Download MP3 file (1:22 Minutes)......

Tokio Marine and Nichido Fire Insurance is now selling insurance to operators of geothermal plants that would pay for a technical survey to determine if a plant has any impact on a nearby hot spring.  Up to now, the operators of the hot springs have been on the hook for those studies…which can top a quarter of a million dollars.

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