Wednesday, October 5, 2016

Global: International Reporting Standard for Geothermal Resources is Now Available

Globally-applicable reporting standard is now effective (IGA)

A harmonized standard for reporting geothermal resources has become operational.

Krafla power station under the stars, Iceland by Bastien Poux (2016 GRC Photo Contest)
Geothermal energy’s potential as a viable energy option with global scale has been constrained to date by a lack of clear global assessment guidelines and standards. 

Now, however, a globally-applicable, harmonized standard for reporting geothermal resources has become operational. At its 25th session on 30 September 2016, the United Nations Economic Commission for Europe (UNECE) Committee on Sustainable Energy approved the Specifications for Application of the United Nations Framework for Fossil Energy and Mineral Reserves and Resources 2009 (UNFC) to Geothermal Energy Resources.